License & Permit Bonds
Place a license and permit bond for your client through Baker's wholesale surety market. One quote start covers contractor, dealer, broker, and more.
A license and permit bond is a commercial surety bond a government agency requires before it issues a business license or permit. Baker places these wholesale so you keep the client relationship.
What it does
- →Guarantees the license holder follows the applicable law and regulations
- →Protects the public and the licensing agency if the holder violates those rules
- →Lets your client obtain or renew the license the bond is tied to
Who needs it
Any business whose state, county, or city requires a bond as a condition of getting or keeping a license.
Common types we place, each with its own page:
- →Contractor license bond — required by state contractor licensing boards
- →Auto / motor vehicle dealer bond — required by the state DMV or MVD
- →Freight broker bond — the federal BMC-84 required by the FMCSA
- →Mortgage broker bond — required through state NMLS licensing
- →Fuel tax bond — required by the state tax authority
How to place it through Baker
Send us the bond type and the obligee's requirement, and we match it to the surety market.
- →Start a bond quote, or send the application link to your client
** Terms used here are a summary only. Always refer to the bond form and the obligee's requirements.