Minnesota Surety Bond Guide

Which Surety Bond in Minnesota Do You Need?

There are three types of Minnesota surety bonding that can be required of you:

It’s important you understand how surety bonds work and that you're responsible to pay claims in full, which makes it crucial to find a bond company that will defend you from claims.

Getting License and Permit Bonds

Minnesota requires license and permit bonds in order to get and file licenses/permits for many different lines of business. You can find the full list of license and permit bonds required by using our bond requirement search tool.


Minnesota License & Permit Bond Search


Getting Contract Bonds for Public 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 bonded for construction jobs.

Getting Court Bonds in Minnesota

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 Minnesota 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 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.


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