Oregon Surety Bonds
Get your Oregon Surety Bond, today!
If you have been instructed to get a Surety Bond, whether as a license requirement, a court-order, client request or any other reason, you’ve come to the right place. Most of our Oregon Surety Bonds include instant quotes and can be printed immediately after purchase. Start by selecting the bond type and bond amount you need using our bond quote tool below. We’ve partnered with leading surety companies to bring you competitive Oregon Surety Bond quotes.
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How to figure out the type of Surety Bond you need
There are many different types of bonds. If you were told to get a Surety Bond, it’s critical you purchase and submit the correct bond type. Otherwise, the Obligee (the entity requiring you to get a Surety Bond) will not accept your bond. The best way to ensure you get the correct type of bond is to request the bond form with the necessary bond amount directly from the Obligee.
For convenience sake, we’ve compiled a list of the most common Oregon Surety Bond types.
Common types of Surety Bonds in Oregon:
The Oregon Construction Contractors Board (CCB) requires commercial and residential licensees to acquire a Surety Bond. A Contractor Bond serves as protection for your clients in situations where you perform unethical or shoddy work.
A contract bond is typically an expected requirement from a contractor prior to starting a project. These bonds include Bid Bonds, Maintenance Bonds, Payment Bonds, Performance Bonds and Warranty Bonds.
Do you need an Oregon Court Bond? We issue both Fiduciary Bonds (Guardianship, Probate and Trustee) and Judicial Bonds (Attachment, Indemnity to Sheriff, Injunction and Replevin).
Do you know what type of Fidelity Bond you need?
- Business Service / Janitorial Bond: Protect your clients if an employee of yours steals.
- Employee Dishonesty Bond: Also known as a “Commercial Crime Fidelity Bond”, these bonds protect your business and you if your employee steals from you.
- ERISA Bond: A requirement set by the U.S. Department of Labor (DOL) is administrators of employee benefit and pension plans have an ERISA Bond. These bonds ensure the beneficiaries of the plan do not suffer financial loss if the administrator mishandles their plan.
Licensed Mortgage Lenders, Loan Originators and Servicers in the state of Oregon are required to get a Surety Bond. If you perform unethically or fraudulently, your clients are protected from any financial loss via your Mortgage Surety Bond.
New and used car dealers need to post a $50,000 Surety Bond with the Oregon DMV to get their dealer license. The Surety Bond protects car buyers from car dealers who perform unethical business practices.
Highway Use Tax Bond
The Oregon Department of Transportation Motor Carrier Transportation Division requires vehicle operators with a commercial vehicle weighing over 26,000 pounds to get a Highway Use Tax Bond.
Need a different bond type?
Finding the bond type you need is easy. Enter the bond type or keyword related to the bond type you need in the search box below. Let us know here if you have any questions or need help. You can also send us an email to info@suretysolutions.com or call our office at (866) 722-9239.
What does an Oregon Surety Bond cost?
Many of our Oregon Bonds start at $100. Although, the type of bond and bond amount you need are considered when calculating the cost of your bond. You could be looking at a higher premium for a larger bond amount since more risk is associated with the coverage.
Also, some bonds need to factor in your credit to determine your approval status and bond cost. However, we conduct a soft-pull when checking your credit, meaning this action will not adversely affect your credit score. If approved with good credit, you should expect to pay between 1%-5% of the total bond amount.
Can I get my Surety Bond with bad credit?
Fortunately, you may qualify for an Oregon Surety Bond with bad credit. If approved for a bond, applicants with non-standard credit usually pay between 5%-15% of the total bond amount. However, many of our bonds do not require a credit check. This means your credit doesn’t affect the cost of your bond.
Don’t let having bad credit prevent you from getting your Surety Bond quotes. Our team is happy to work with you to get quotes for your surety bond, today.
Where do you get an Oregon Surety Bond?
You don’t have to spend much time getting quotes for your Oregon Surety Bond. At suretysolutions.com, you get access to instant quotes from top surety companies to ensure you get the best price for your bond.
Surety Solutions, A Gallagher Company is located in Salem, Oregon and is licensed to issue bonds in all 50 states.
Get quotes for your Oregon bond now by clicking the button below. If you have any questions, send us a message here, call us at (866) 722-9239 or email us at info@suretysolutions.com. We look forward to issuing your Surety Bond.
