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The cost of your $50,000 surety bond depends mostly on your personal credit score. Applicants with good credit usually pay premiums between 0.75% and 2.5%, which means between $375 and $1,250 per year. Applicants with bad credit, on the other hand, pay premiums in the range of 2.5% to 10%, or between $1,250 and $5,000.

$50,000 surety bond cost

As you see the $50,000 amount is not the sum required from the holder of the surety bond. Instead, this is the amount up to which a claimant on the bond can get compensated. The table below provides more estimates based on the credit score bracket you are in.

Surety Bond Cost by Credit Score
Surety Bond Amount Above 700 Between 650-699 Between 600-649 Below 599
$50,000 $375-$750 $500-$1,250 $1,250-$2,500 $2,500-$5,000

If you have bad credit, you might want to consider submitting additional information along with your application. Industry experience, strong financials or liquid assets can all contribute to a lower premium despite a less-than-stellar credit score. Check out our tips in our How Much Does a Surety Bond Cost? guide.

Getting a $50,000 surety bond with bad credit

Applicants with poor credit or other issues in their credit report are considered high risk, which is why certain bonding companies refuse to underwrite bad credit surety bonds.

For this reason, we have created our Bad Credit Program thanks to which 99% of applicants obtain the surety bond they need. Premiums are higher, but our surety bond experts can help you lower them as much as possible. Taking active steps to improve your credit reports can help you get a lower premium when bond renewal is due.

Most Common $50,000 Surety Bonds

There are a lot of different types of surety bonds which require a $50,000 total bond amount. Here is a list of the most popular ones:

Auto Dealer Bonds

Many states require auto dealers to get bonded with a $50,000 auto dealer bond, such as North Carolina, California, Virginia and New York. Auto dealer bonds ensure compliance with state laws and protect the interests of car buyers.

Contractor License Bonds

$50,000 contractor license bonds are frequently required in Illinois, Ohio, Oregon and Utah.

Mortgage Broker Bonds

Mortgage broker bonds ensure ethical business practices are upheld in the brokerage industry. States which require a $50,000 mortgage broker bond include Oregon, Maryland and Nevada.

DMEPOS Surety Bond

The federal government requires that all DMEPOS providers post a surety bond to comply with certain regulations concerning the industry.

Telemarketing Bond

Florida requires telemarketers to get licensed and procure a surety bond to protect consumers and make sure telemarketers comply with applicable rules and regulations.

About the author:
Todd Bryant
Todd Bryant is a graduate of Germantown Academy and the University of Pittsburgh College of Business Administration Honors College. He has been President of Bryant Surety Bonds, Inc., an A+ rated Business with the Better Business Bureau, since 2007. Licensed as a producer with the Department of Insurance, he has been published in the National Association of Surety Bond Producers newsletter and on numerous authoritative publications such as The Washington Post,, and many more.

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