Oregon finance and insurance-related businesses are often required to secure a license bond to operate. These businesses include real estate companies, debt collectors, and mortgage services required by entities such as the Department of Consumers and Business Services (DCBS). Jet provides bonds directly, eliminating broker fees and allowing businesses to get coverage efficiently.
Mortgage Lender
The Mortgage Lender Bond is a prerequisite to being licensed as a mortgage broker, banker, and/or lender, by the Oregon DCBS.
Mortgage Servicer
Mortgage servicers must obtain a Mortgage Services Surety Bond prior to servicing residential mortgage loans in Oregon which is enforced by the DCBS.
Manufactured Home
The DCBS requires a $40,000 Manufactured Structures Dealer Bond or $15,000 Limited Manufactured Structures Dealer Bond to be licensed.
Appraisal Management
Appraisal management companies must secure an Appraisal Management Bond through the Oregon Appraiser Certification and Licensure Board.
Escrow Agent
The State of Oregon Real Estate Agency requires all escrow agents to hold a surety bond to become and maintain an escrow agent license.
Real Estate Marketing
A $35,000 surety bond is a licensing requirement for real estate marketing organizations in the State of Oregon.
Highway Use Tax
Highway Use Tax Bond for motor carriers and trucking operations as required by the Oregon DOT to guarantee tax payments.
Liquor Sales Tax
Liquor Control Commission Bond required for licensed shipping, warehouse, brewery, winery, distribution and wholesale operations.
Cigarette/Tobacco Tax
Cigarette and Other Tobacco Products Sales Tax Bond required by the Oregon Department of Revenue for licensed tobacco distributors.
Tobacco Manufacturer
The DOJ requires nonparticipating manufacturers (NPM) of tobacco products to file a surety bond. The limit is based on the escrow due for the past 12 calendar quarters, with a minimum limit of $25,000.
Investment Adviser
A $10,000 Investment Adviser Bond, enforced by the DCBS, is needed by state investment advisers to get and maintain the license.
Life Settlement Provider
The DCBS enforces all life settlement providers to secure a $100,000 surety bond to conduct business in the state of Oregon.
Debt Management
The DCBS requires debt management service providers to get and maintain a $25,000 bond to provide services in Oregon.
Collection Agency
The $10,000 Collection Agency Bond is enforced by the DCBS. A $15,000 bond is needed for agencies operating without a physical location in the state.
Money Transmitter
The DCBS regulates money transmission services in Oregon by requiring a surety bond for money transmitters.
Self-Insured Employer
Certified Self-Insured Employer Bond required by the DCBS for business who self-insure as opposed to purchasing workers comp from a third party.
Unemployment Comp
Unemployment Compensation Trust Fund Bond required by the Oregon Employment Department for non-profits that do not pay unemployment insurance tax.
Employer Welfare
The Multiple Employer Welfare Arrangement Bond is a more convenient way to meet the DCBS' requirement to guarantee your obligations will be fulfilled, rather than depositing $250,000 directly to the DCBS.
Legal Expense
The Legal Expense Organization Qualifying Bond is a requirement by the DCBS for legal firms offering legal access or comprehensive plans.
Pawnbroker
Pawnbrokers in Oregon must file a surety bond with the DCBS in order to do pawnbroker business in the state.
SAIF Workers Comp
SAIF Workers Compensation Employers Bond required by the State Accident Fund Corporation for non-profits who find it difficult to receive coverage.
Tobacco Manufacturer
Tobacco Manufacturers who do not participate in the Master Settlement Agreement will need this bond.