Insurance and finance-related business in Arizona are often required to hold a surety bond to operate in the state. These businesses include mortgage brokers and bankers, collection agencies, escrow agents, debt managers and money transmitters, which are overseen by government agencies such as the Arizona Department of Insurance (AZDOI) and Arizona Department of Financial Institutions (AZDFI). Jet is a direct insurance company, so take advantage of working with the decision makers allowing for customer payment plans and quick processes. Select the bond you need below or give us a call if you don't see the bond you need listed.
License bond for mortgage brokers and commercial mortgage brokers required by the AZDFI.
Mortgage bankers and commercial mortgage bankers licensed with the AZDFI need a bond with limits varying between $25,000 and $100,000, based on total annual loans.
A $100,000 surety bond is required for licensed escrow agents in Arizona and is required by the AZDFI.
Companies utilizing third-party appraisers must be licensed with the Department of Financial Institutions and obtain a $20,000 surety bond.
The Life and Health Administrator Bond must be held to get and maintain a certificate of registration by third-party administrators.
The AZDOI requires all service and warranty companies to secure a license bond to conduct business in the state of Arizona.
The Industrial Commission of Arizona allows large employers meeting certain criteria to provide self-insurance for their workers' compensation coverage, but they must first obtain a surety bond.
Collection agencies need a $10,000 license bond to keep active status with the Department of Financial Institutions.
Arizona securities dealers not registered under the Securities Exchange Act of 1934 must hold a surety bond per the Arizona Corporate Commission.
The AZDFI mandates all debt management companies in Arizona hold a valid license and surety bond to conduct business in the state.
The Money Transmitter Bond is required for money transmitters in Arizona. The bond limit depends on the number of authorized delegates and locations.
Class B auctions taking place in Tucson Arizona must be covered by a $5,000 surety bond.
The Arizona Supreme court mandates professional fiduciaries to maintain a $10,000 license bond.
A $10,000 bond for bail bond agents is enforced and regulated by the Arizona Department of Insurance, although this is not type to get you out of jail.
Some licensed contractors and dealers of manufactured homes are required to purchase and uphold a Contractor Taxpayer Bond.
Payson, Mesa, Chandler, Prescott, and Casa Grande have requirements for peddlers, solicitors, and transient merchants, and vendors to have a surety bond.