How Much Does a Surety Bond Cost? – Understanding Rates, Fees & Savings

When seeking a surety bond, one of the most crucial questions is: how much will it cost? At Jurisco, we understand the importance of transparency and affordability. Below, we break down the key factors that influence surety bond costs and explain how you can save.

1. How Bond Costs Are Calculated

Most surety bond costs are calculated as a premium, which is a percentage of the total bond amount. Typically, that premium ranges from 1% to 15% or more, depending on several factors.

Factors that affect the premium include:

• Bond type and amount – Higher bond amounts or riskier bond types can raise costs.
  
• Credit and financial history – Strong credit scores and solid financials can reduce premiums.
  
• Court fees and state requirements – Costs vary by jurisdiction and regulatory frameworks.
  

2. Typical Rates by Bond Type

Jurisco provides clear, competitive rate structures designed to give clients cost certainty:

• Plaintiff bonds: 1% of the bond amount—with a few exceptions like injunction, distress, lis pendens, or bid protest bonds, which increase to 2%, and have a higher minimum of $250.
  
• Cost bonds (used when a non-resident plaintiff files legal action): Premium is 1% of bond amount, with minimum $100, and a typical bond amount is under $2,000, depending on the state.
  
• Defendant bonds: Require full collateral up to the bond amount, with premiums generally around 1%, a minimum $250, and collateral accepted via cashier’s check or irrevocable letter of credit.
  
• Probate/fiduciary & license and permit bonds: Minimum premiums start at $100, with rates and bond amounts set by statutory or agency requirements.
  

3. Example: Using a Surety Bond Calculator

A quick way to estimate costs is through a surety bond calculator—a tool Jurisco offers. It helps determine your premium, typically landing between 0.5% and 2% of bond value, depending on factors like bond type, jurisdiction, and applicant credit.

4. Why Jurisco Offers Competitive Rates

Jurisco prides itself on offering low, transparent rates paired with fast, expert service across all 50 states:

• Nationwide coverage – Expertise in all states and bond types.
  
• Fast, lawyer-trained support – Quick quotes and next-day service when needed.
  
• Flexible credit options – Even with imperfect credit, Jurisco strives to provide favorable rates.
  

5. Putting It All Together: Sample Cost Breakdown

Let’s say you need a $10,000 cost bond:

• The premium is 1%, so you'd pay $100, as long as it meets the $100 minimum.
  

For a $50,000 injunction bond:

• The rate is 2%, so the premium would be $1,000, with a minimum of $250 applying—not a problem here.
  

Add in variables like credit risk or state fee differentials, and those numbers can fine-tune upward—but with Jurisco you always get a clear, cost-effective range.

Understanding “surety bond cost” means recognizing the multiple variables at play—from bond type and amount to credit score and jurisdictional rules. Jurisco helps make sense of it all. With transparent percentage-based premiums, low minimums, and expert guidance, you're positioned for both clarity and savings.Ready to save money on your surety bond costs? Contact Jurisco today to get the cheapest rate in town.