Telemarketing Bonds
What is a Telemarketing Bond?
Many states require Telemarketing Bonds to be filed phone solicitors' licenses. The bonds guarantee that the telemarketer will operate within the guidelines of the state in which they are calling.
Current Market: Currently, bonding companies are wary of writing telemarketing bonds due to the many changes to law that state governments have legislated against the telemarketing industry. The sureties had three main worries: 1) The abundance of new laws could create confusion within the industry with what is and is not permitted, thus creating a higher than normal claim percentage throughout the country. 2) The stiff fines associated with the new laws could easily put a telemarketer out of business if they accumulated too many too fast. 3) The new rules would make it too difficult for the average phone solicitor to operate, thus increasing their risk due to less stable business financial statements.
The surety industry's concerns for phone solicitors resulted in higher rates throughout the country. The standard market for telemarketing bonds can be 3-5x the rate of other less risky commercial bonds. On the bright side, high risk telemarketing bond applicants can expect to see the same rates as other commercial bond applicants placed in a high risk market.
Special Programs: The surety industry will take some time prior to setting up specialty programs for standard market phone solicitors, as they are still analyzing how the changes in laws have effected the risk of the bonds for each state. However, bad credit specialty programs are available for those who do not qualify under standard surety markets.
Get a FREE quote on your Telemarketing Bond online now!
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Telemarketing Bond Obligee Information
| Telemarketing Obligees | Obligee Dept. | Add1 | City | Zip | Bond Name |
|---|---|---|---|---|---|
| Alaska | Department of Law | 1031 West 4th Avenue, Suite 200 | Anchorage | 99501-1994 | Paid Solicitor for Charitable Organizations Bond |
| Alabama | Attorney General's Office, Consumer Affairs | 11 South Union Street | Montgomery | 36130 | Professional Fundraiser Bond |
| Alabama | Attorney General's Office, Consumer Affairs | 11 South Union Street | Montgomery | 36130 | Telemarketing Bond |
| Arkansas | Attorney General's Office | 323 Center Street, Suite 200 | Little Rock | 72201-2610 | Paid Solicitor Bond |
| Arkansas | Attorney General's Office | 323 Center Street, Suite 200 | Little Rock | 72201-2610 | Telemarketing Bond |
| Arkansas | Attorney General's Office | 323 Center Street, Suite 200 | Little Rock | 72201-2610 | Telephonic Bond |
| Arizona | Secretary of State, Contracted Fundraisers Divison | 1700 West Washington , 7th Floor | Phoenix | 85007 | Contracted Fundraiser Bond |
| Arizona | Office of the Treasurer | 1700 West Washington , 1st Floor | Phoenix | 85007 | Telephone Solicitation Bond |
| California | Office of the Attorney General, Registry of Charitable Events | PO Box 94203-4470 | Sacramento | 94203-4470 | Commercial Fundraiser for Charitable Events Bond |
| California | Office of the Attorney General, Telemarketing Unit | 300 South Spring Street, Suite 500 | Los Angeles | 90013 | Telemarketing Bond |
| Florida | Department of Agriculture and Consumer Affairs | 2005 Apalachee Pkwy., Rhodes Building | Tallahassee | 32399-6500 | Professional Solicitor Bond |
| Florida | Department of Agriculture and Consumer Affairs | 2005 Apalachee Pkwy., Rhodes Building | Tallahassee | 32399-6500 | Telemarketing |
| Georgia | Secretary of State, Securities and Buisness Regulation | 2 Martin Luther King Jr., S.E., Ste 802, west Tower | Atlanta | 30334 | Paid Solicitor Bond |
| Hawaii | Department of the Attorney General, Tax Division | 425 Queen Street | Honolulu | 96813 | Professional Solicitor Bond |
| Hawaii | Department of the Attorney General, Tax Division | 425 Queen Street | Honolulu | 96813 | Telemarketing Bond |
| Kentucky | Office of the Attorney General | The Capitol, Suite 118, 700 Capitol Avenue | Frankfort | 40601-3449 | Professional Solicitor Bond |
| Kentucky | Office of the Attorney General | The Capitol, Suite 118, 700 Capitol Avenue | Frankfort | 40601-3449 | Telemarketing Bond |
| Louisiana | Public Service Commission | PO Box 91154 | Baton Rouge | 70821-9154 | Independent Solicitor Bond |
| Louisiana | Public Service Commission | PO Box 91154 | Baton Rouge | 70821-9154 | Principal Solicitor Bond |
| Louisiana | Department of Justice, Consumer Protection Section | PO Box 90045 | Baton Rouge | 70804-9005 | Professional Solicitor Bond |
| Louisiana | The State of Louisiana | PO Box 90045 | Baton Rouge | 70804-9005 | Telemarketing Bond |
| Maryland | Insurance Commisioner,Office of the Secretary of State, State House | 16 Francis Street | Annapolis | 21401 | Professional Solicitor Bond |
| Michigan | Department of Attorney General, Charitable Trust Section | PO Box 30214 | Lansing | 48909 | Professional Fundraiser Bond |
| Mississippi | Public Service Commission | PO Box 1174 | Jackson | 39215-1174 | No Call Program Bond |
| Mississippi | Secretary of State's Office | PO Box 136 | Jackson | 39205-0136 | Professional Fundraiser Bond |
| Mississippi | State of Mississippi | 301 North Lamar, Suite 508 | Jackson | 39201 | Telephone Seller Bond |
| Montana | Department of Justice, Office of Consumer Protection | PO Box 200151 | Helena | 59620-0151 | Telemarketing Bond |
| North Carolina | Department of the Secretary of State | P.O. Box 29622 | Raleigh | 27626-0622 | Professional Solicitor Bond |
| North Dakota | Secretary of State | 600 E. Boulevard Ave, Dept 108, 1st Floor | Bismark | 58505-0500 | Uniform Professional Fundraiser Bond |
| New York | Office of the Attorney General, Charities Bureau | The Capitol | Albany | 12224 | Professional Fundraiser Bond |
| New Hampshire | Office of Attorney Genearl, Charitable Trusts Unit | 33 Capitol Street | Concord | 03301-6397 | Paid Solicitor Bond |
| Nevada | Commissioner,Department of Buisness and Industry, Consumer Affairs Division | 1850 East Sahara Avenue | Los Vegas | 89104 | Telemarketing Bond |
| Ohio | Attorney General | 150 E. Gay St., 23rd Floor | Columbus | 43215-3130 | Professional Solicitors Bond |
| Ohio | State of Ohio | 150 E. Gay St., 23rd Floor | Columbus | 43215-3130 | Telemarketing Bond |
| Oklahoma | Office of the Attorney General | 313 NE 21st Street | Oklahoma City | 73105 | Telemarketing Bond |
| Pennsylvania | Department of State, Bureau of Charitable Organizations | 207 N. Office Building | Harrisburg | 17120 | Charitable Solicitor Bond |
| Pennsylvania | Office of Attorney Genearl, Public Protection Division | 16th Floor, Strawberry Square | Harrisburg | 17120 | Telemarketing Bond |
| Rhode Island | General Treasurer, Department of Buisness Regulation | 233 Richmond Street, Suite 232 | Providence | 02903-4232 | Professional Solicitor Bond |
| South Carolina | Secretary of State, Public Charities Division | PO Box 11350 | Columbia | 29211 | Professional Solicitor Bond |
| South Dakota | Attorney General | 1302 E. Hwy 14, Suite 1 | Pierre | 57501-8501 | Charitable Telephone Bond |
| Tennessee | Secretary of State, Department of State, Charitable Solicitation Division | 312 Rosa L. Parks Avenue, 8th Floor, Snodgrass Tower | Nashville | 37243-1102 | Professional Solicitor Bond |
| Texas | Secretary of State, Statutory Documents Section | P.O. Box 13550 | Austin | 78711-3550 | Telemarketing Bond |
| Utah | Department of Insurance, Division of Consumer Protection | State Office Building, Room 3110 | Salt Lake City | 84118-6901 | Telemarketing Bond |
| Virginia | Commissioner, Department of Agriculture and Consumer Services | PO Box 1163, Room 103 | Richmond | 23219 | Professional Solicitor Bond |
| Washington | Secretary of State, Charities Program | PO Box 40234 | Olympia | 98504-0234 | Commercial Fundraiser Bond |
| West Virginia | Secretary of Tax and Revenue, Office of Telemarketing Registration | Building 1, Room W-300, 1900 Kanawha Blvd., East | Charleston | 25305-0842 | Telemarketing Bond |
