Statutory License & Permit Bond

These bonds are required to secure a permit or license. You will need the following information; basic contact information, date business started, years of experience in the trade, bond amount, bond term/expiration date, general liability insurance, and the entity (obligee) requiring the bond. Depending on the bond, we may require additional information. We will request personal credit information from credit reporting agencies.

Select a state to begin your purchase.

Common business classes that require these bonds include, but are not limited to the following:

  • Athletic Promoter
  • Auctioneer
  • Brewers
  • Cigarette Tax
  • Contractors Tax
  • Customs
  • Detective (Private)
  • Distillers
  • Employment Agencies
  • Excess Weight (Street & Highway)
  • Funeral Directors
  • Grain Warehouse
  • Health Clubs
  • Itinerant Merchant
  • Lottery
  • Liquor Retailers & Wholesalers
  • Manufactured Home Broker
  • Miscellaneous Tax
  • Mortgage Broker
  • Motor Vehicle Dealers
  • Nursing Homes
  • Public Adjuster
  • Professional Fund Raiser
  • Proprietary Schools
  • Surplus Lines Broker
  • Travel Agencies
  • Vehicle Fuel Tax
  • Warehouse Bonds (Private & Public)
  • Winemakers
  • Weightmaster

License and permit bonds are sometimes known simply as license bonds. They are also often referred to as commercial bonds. They are a pre-licensing requirement by the government for a number of types of businesses including:

Why do I Need a Bond?

L&P bonds guarantee that a business will operate according to federal, state, and local regulations and laws. There is a specific type of bond for each industry requiring one, but all permit bonds protect customers and/or taxpayers from damages.

What do These Bonds Do?

Typically, they protect consumers and/or taxpayers from businesses that would commit fraudulent acts. Bonded and licensed businesses operate legally, as these businesses must obtain bonding before applying for a license or permit. Each one protects up to a specific dollar amount, which is called the total amount. Required total amounts vary from industry to industry, and by the size of the business, as well as from state to state.

How Much do I Have to Pay?

Since the price of bonds varies, Meadowbrook Direct suggests you apply online to get a fast and easy quote. We are able to gather all of the details and give you a price that is at least 25% less than the competition. The process for purchasing a bond with Meadowbrook Direct is simple and fast.