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Class: License & Permit Bonds Surety Bonds

Tennessee Public Adjuster Bond

Tennessee Public Adjuster Bond ($50,000) The Public Adjuster Surety Bond is required by the state of Tennessee Commissioner of the Department of Commerce and Insurance. The Bond amount (Penalty) required is $50,000. This Bond ensures the principal faithfully and promptly handles all monies and accounts under all Tennessee Insurance code and regulations. It guarantees that the license (Principal) will faithfully comply with the law.

Tennessee Pest Control Bond – Eradication of Weeds

Tennessee Pest Control-Eradication of Weeds($10,000 or $50,000) The Pest Control-Eradication of Weeds Surety Bond is required by the state of Tennessee Department of Agriculture. The Bond amount required is $10,000 or $50,000. The amount of the bond is defined by the Department of Agriculture. This Bond indicates the principal has applied for a license to do business eradicating all invertebrate and vertebrate pests in the state of Tennessee. Therefore the principal must abide by all rules and regulations of the Tennessee Application of Pesticides Act of 1978 and the Act of the Tennessee Legislature. The principal will also be expected to comply with all local and state laws.

Mississippi Telephone Solicitation Bond

Mississippi Telephone Solicitor Bond ($50,000) The Telephone Solicitor Bond protects the solicitor from unforseen damages that could arise from the performance of their duties. The Mississippi Public Service Commission is very helpful in explaining the application process for the solicitor and explaining the onds protections.

South Carolina DHEC Closure Bond (Solid Waste)

South Carolina DHEC Closure Bond (Solid Waste) South Carolina has about 500 active mine operating permits. In 1974, the S.C. Mining Act was passed to ensure all mined lands would be returned to some useful purpose and for the protection of people and the environment. The Act and regulations outline the application process, how to conduct mine operations, and minimum reclamation standards. The Act defines mining as the removal of ores from the ground for sale (i.e., granite quarries) or for use in a business (i.e., brick manufacturing). There are several types of surface mining done in South Carolina: open pit (i.e., granite, vermiculite), strip mines (i.e., sand, clay, gravel) and sand dredging from river bottoms.

Georgia DUI, Alcohol or Drug Use Risk Reduction Program Bond

Georgia DUI, Alcohol or Drug Use Risk Reduction Program ($10,000) A Georgia DUI, Alcohol or Drug Use Risk Reduction Program Surety Bond is required by the Georgia Department of Driver Services for any applicant (Principal) that wishes to receive a certificate to operate a DUI, Alcohol or Drug Use Risk Reduction Program in the state of Georgia. A program is any DUI Alcohol or Drug Use Risk Reduction Program that is certified by the Department to deliver the Assessment and Intervention Components. It guarantees that the applicant will faithfully comply with all laws set forth by the State of Georgia.

Mississippi Proprietary School Bond

Mississippi Proprietary School Agent Bond (Individual) The Commission of Proprietary Schools and College Registration is responsible for the administration of the Mississippi Proprietary School and College Registration Law, Title 75, Chapter 60, Mississippi Code of 1972, as amended. The purpose of the Commission on Proprietary Schools and College Registration is to establish and implement the registration process for schools obtaining and maintaining a certificate of registration, and an agent’s permits.

Florida Mobile Home Manufacturer Bond

Florida Mobile Home Manufacturer Bond ($50,000) If you are engaged as a Mobile Home Manufacturer in the State of Florida, the Division of Motor Vehicles requires that you execute a Florida Mobile Home ManufacturerSurety Bond to ensure compliance with Section 320.8249 of the Florida Statutes.

Mississippi Gaming Establishment Bond

Mississippi Gaming Establishment bond If you are engaged in the operation of a gaming establishment in Mississippi you are required under section 75-76-1 et. seq. of the Mississippi Code to file a Mississippi Gaming Establishment Bond as a condition of licensure.A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Mississippi Gaming Establishment Bond holds you accountable for your business decisions. By possessing a Mississippi Gaming Establishment Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.

Understanding License & Permit Bonds

License and permit bonds are an essential aspect of many industries and professions. Whether you are a contractor, a business owner, or a professional in a regulated field, understanding license and permit bonds is crucial. In this blog post, we will explore what license and permit bonds are, why they are important, and how they work. We will also discuss the different types of license and permit bonds and provide some tips on how to obtain them. So, let’s dive in and gain a comprehensive understanding of license and permit bonds.

What are License and Permit Bonds?


  • A license and permit bond is a type of surety bond that guarantees the performance of certain obligations.
  • It is a contract between three parties: the principal (the party required to obtain the bond), the obligee (the party requiring the bond), and the surety company (the entity providing the bond).
  • The bond ensures that the principal will comply with all applicable laws, regulations, and licensing requirements.

Importance of License and Permit Bonds

  • Protects the public: License and permit bonds provide financial protection to the public by ensuring that the principal will fulfill their obligations.
  • Ensures compliance: These bonds help enforce compliance with laws and regulations, ensuring that professionals and businesses operate ethically and responsibly.
  • Builds trust: Having a license and permit bond in place demonstrates the principal’s commitment to their profession or business, instilling confidence in clients, customers, and regulatory authorities.

Types of License and Permit Bonds

Contractor License Bonds

  • Required for contractors to obtain and maintain their licenses.
  • Protects clients from financial loss due to the contractor’s failure to complete a project or fulfill contractual obligations.

Business License Bonds

  • Required for certain businesses to operate legally.
  • Ensures compliance with local, state, or federal regulations and protects consumers from fraudulent or unethical practices.

Professional License Bonds

  • Required for professionals in regulated fields, such as doctors, lawyers, and accountants.
  • Provides financial protection to clients in case of professional negligence or misconduct.

How Do License and Permit Bonds Work?

Application Process

  • The principal must apply for a license and permit bond through a surety company.
  • The surety company evaluates the principal’s financial stability, reputation, and ability to fulfill their obligations.

Bond Premiums and Coverage

  • The principal pays a premium to the surety company, which is a percentage of the total bond amount.
  • The bond amount is determined by the obligee and varies based on the type of bond and the specific requirements.
  • The surety company provides a financial guarantee up to the bond amount if the principal fails to fulfill their obligations.

Claims and Indemnification

  • If the obligee suffers a financial loss due to the principal’s non-compliance, they can file a claim against the bond.
  • The surety company investigates the claim and may compensate the obligee up to the bond amount.
  • The principal is then responsible for reimbursing the surety company for any claims paid out.

Tips for Obtaining License and Permit Bonds

Research Requirements

  • Understand the specific licensing and bonding requirements for your industry or profession.
  • Research the obligee’s expectations and ensure you meet all the necessary criteria.

Choose a Reputable Surety Company

  • Select a surety company with a strong financial standing and a good reputation.
  • Look for a company that specializes in license and permit bonds and has experience in your industry.

Prepare Financial Documentation

  • Be prepared to provide financial statements, tax returns, and other relevant documents to demonstrate your financial stability.


License and permit bonds play a vital role in various industries and professions. They provide financial protection to the public, ensure compliance with laws and regulations, and build trust between professionals, businesses, and their clients. By understanding the different types of license and permit bonds, how they work, and following the tips for obtaining them, individuals and businesses can navigate the licensing process successfully and operate with confidence.