Ohio Surety Bonds

Ohio has several bond requirements for individuals and businesses operating in the state. Regulatory agencies on city-, county-, and state-levels mandate surety bonds as a requirement for the safety and well-being of Ohio's public and land. As the surety company, Jet is a third-party guarantor in these three-party agreements allowing those needing a bond to focus on their day-to-day functions.

Ohio Bond Categories

In Ohio, contractors have the most diverse set of bonds with requirements from cities, counties, and the state, and bonds for permits, licenses, or contracts.

Auto dealers, boat registration agents, remanufactured vehicle dealers, commercial drivers, and more need surety bonds to operate in the transportation space.

Guardians and conservators, administrators and executors, and plaintiffs and defendants are among those who may need a court or probate bond.

Finance-related business that need a bond in Ohio include mortgage brokers and loan originators, title agents, and surplus lines agents, among others.

To receive a coal mining and reclamation permit or an EPA permit in Ohio, principals must first obtain a bond.

The Ohio Department of Taxation requires bonds for the dealer in motor vehicle fuel bond, the cigarette stamp tax credit bond, and the vendor sales tax bond.

Employee Dishonesty, Business Service, Janitorial Service, and ERISA Bonds provide protection to the business when losses are sustained as a result of an employee's fraudulent acts.

School bonds required in Ohio include the cosmetology and barber school bond, school bus contract bond, autism scholarship program bond, and school registration bond.

Some bonds don't fit with other categories and play by their own rules. These include bonds for lottery sales retailers, medical marijuana dispensaries, auctioneers, and boxing and MMA promoters, among others.

Common Surety Bonds

The following Ohio bonds are requested more than others at Jet. Get right into in by selecting your bond category below.

Sometimes referred to as the motor vehicle title defect bond, this $25,000 bond is required for auto dealers to obtain licensure with the Ohio Attorney General.

Lottery sales agents licensed through the Ohio Lottery Commission must maintain a minimum $15,000 lottery sales retailer bond.

$150,000 bond through the ODI for title agents handling escrow, settlement, or closing functions for real estate property transactions.

Sewage treatment installers, service providers, and septage haulers must file a sure bond with the Ohio Department of Health.