Which Surety Bond in Rhode Island Do You Need?
There are three types of surety bonds that can be required of you:
- License and permit bonds needed for many professions such as auto dealers and mortgage lenders to operate legally.
- Contractor bonds for public construction projects.
- Court bonds required by the courts for various purposes.
It’s important you understand how surety bonds work and that you're responsible to pay claims in full, which makes it important that you find a bond company that will defend you from claims.
Getting License and Permit Bonds
Rhode Island requires license and permit bonds in order to get and file licenses/permits for many different professions. You can find the full list of license and permit bonds required by using our bond requirement search tool.
Rhode Island License & Permit Bond Search
| Rhode Island (Town of Cumberland) Detective Bond | Town of Cumberland | Cumberland | Apply |
| Rhode Island Alcohol Beverage Bond | State of Rhode Island Dept. of Business Regulation | Cranston | Apply |
| Rhode Island Burglar Alarm Business Bond | Department of Labor and Training | Cranston | Apply |
| Rhode Island Collection Agency | State of Rhode Island | Cranston | Apply |
| Rhode Island Contract Postal Unit Bond | US Postal Service | Coventry | Apply |
| Rhode Island Dealer's License | Division of Motor Vehicles - Dealer's License & Regulations Office | Pawtucket | Apply |
| Rhode Island Dealer's License | Division of Motor Vehicles - Dealer's License & Regulations Office | Pawtucket | Apply |
| Rhode Island Employee Leasing Company Bond | Dept. of Revenue, Div. of Taxation | Providence | Apply |
| Rhode Island Health Club License | Attorney General Office | Province | Apply |
| Rhode Island Loan Broker | Dept of Business Regulation, Division of Banking | Cranston | Apply |
| Rhode Island Mortgage Lender | Dept of Business Regulation, Division of Banking | Cranston | Apply |
| Rhode Island Professional Fund Raisers | Dept of Business Regulation - Securities Div | Cranston | Apply |
| Rhode Island Professional Solicitor or Fund Raising Counsel | Dept of Business Regulation | Providence | Apply |
| Rhode Island Surplus Lines Broker Bond | General Treasurer of the State of Rhode Island | Cranston | Apply |
| Rhode Island Telemarketer Solicitation | Dept of Attorney General, Consumer Protection Unit | Providence | Apply |
| Rhode Island Third Party Loan Servicer Bond | Division of Banking | Cranston | Apply |
Getting Construction Bonds for Jobs
Contract bonds such as bid and performance bonds are needed to work on public construction projects. However, these are usually required by cities or municipalities as opposed to the state. You can learn more about what’s needed to get surety bonds for construction projects.
Getting Court Bonds in Rhode Island
Court bonds aren’t needed as often as the bonds mentioned above, but can be required by the courts if you need to appeal a court decision, become a legal guardian of a minor or operate as a fiduciary of an estate.
What Do Rhode Island Surety Bonds Cost?
Costs vary significantly depending on the bond amount you need and your rate (which is the percentage of the full bond amount you must pay). You can get an instant estimate by using our bond premium calculator, or apply online to get a firm surety bond quote.
Can You Get Bonded with Bad Credit?
It’s possible to get surety bonds with bad credit, but it will depend on the bond type you need and how severe your credit issues are. You can get approved for most license and permit bonds with bad credit. However, it is more difficult to get contract bonds with credit issues.
