Rhode Island Surety Bonds2019-07-17T18:37:35+00:00

Rhode Island Surety Bond Broker

Join thousands of other insurance agents in Rhode Island to get the best rates on surety bonds.

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Rhode Island Surety Bonds

Surety Bonds in Rhode Island

Despite being the smallest state in the union, Rhode Island is home to more than 87,000 businesses. Many of these businesses need to purchase surety bonds in order to operate legally. Rhode Island state agencies require 49 different bond types, and local cities, towns, and counties within Rhode Island require an additional 64 bonds for various local ordinances.

If you’re looking for surety bonds in Rhode Island for your clients, BondExchange is your best choice. Our surety bond platform is both expansive and easy-to-use, making BondExchange the only resource your agency needs to place surety bonds for clients.

Our comprehensive network includes access to more than 30 different markets, ensuring that your agency can find the best rates for all 113 different types of surety bonds in Rhode Island with a simple online application. BondExchange underwriters are also available to answer any of your questions with our online chat or by phone – with real-life underwriters answering on the 1st ring!

Comprehensive Rhode Island Surety Bond Library

BondExchange provides its agents with complete, comprehensive access to every surety bond in The Ocean State. BondExchange has been quoting and issuing bonds for insurance agents for more than 40 years, compiling a database of more than 10,000 different bonds across the country. Our database facilitates the accurate and fast processing needed to make surety bonds a profitable venture for your agency. Below are some of the most common surety bonds your Rhode Island customers may need:

Motor Vehicle Dealer Bonds

Motor vehicle dealers in Rhode Island need to purchase a $50,000 surety bond and file it with the state’s Dealers License and Regulations Office.

Financial Services Bonds

Check cashing businesses, loan brokers, mortgage lenders, and small loan lenders all must purchase surety bonds before they can be licensed in Rhode Island.

Contractor License Bonds

Rhode Island requires a number of surety bonds from businesses working in the construction industry before these contractors can receive a license or permit. There are separate bonds for plumbing, underground utility installation and maintenance, and conducting blasting demolition. There are also blanket contractor utility permit bonds as well.

Fuel Tax Bonds

Businesses that export or distribute motor fuel in Rhode Island require bonding from the State of Rhode Island Department of Administration.

City or County Bonds

Despite its small geographical size, there are many cities, townships, and counties within Rhode Island that require specific surety bonds for a number of different licenses. Just a few of these occupational licenses include those for detective agencies, contractors, or pawnbrokers.

Additional Rhode Island Business Bonds

Rhode Island requires a number of unrelated businesses, such as auto wrecking and salvage yards, burglar alarm installation and monitoring companies, and professional fundraisers, to be bonded before being licensed to operate within the state.

See what other insurance agents are saying about our online platform

If you’re a Rhode Island agent, sign up with BondExchange to gain access to all surety bonds in Rhode Island. For a complete list of surety bonds in Rhode Island, expand the box below.

State Bonds Municipal Bonds

Alcoholic Beverage ($5,000.00)
Alcoholic Beverage ($2,500.00)
Auctioneer
Auto Wrecking and Salvage Yard ($10,000.00)
Blasting License ($50,000.00)
Boat Pilot License ($25,000.00)
Burglar Alarm Business
Check Cashing
Cigarette Tax Credit
Constable
Contractor’s Utility Permit
Contractor’s Utility Permit Blanket ($50,000.00)
Discount Medical Plan Organization ($50,000.00)
Electronic Money Transfer
Electronic Vehicle Registration (EVR) License
Employee Leasing Company – Corporation ($50,000.00)
Employee Leasing Company – Individual ($50,000.00)
Employee Leasing Company – LLC ($50,000.00)
Employee Leasing Company – Partnership ($50,000.00)
Hunting and/or Fishing License Agent ($10,000.00)
Irrevocable Bi-Weekly Payment
Loan Broker
Lost Title – Watercraft/Boat
Mortgage Lender
Motor Fuel Distributor – Corporation
Motor Fuel Distributor – Individual
Motor Fuel Distributor – LLC
Motor Fuel Distributor – Partnership
Motor Fuel Export Permittee – Corporation
Motor Fuel Export Permittee – Individual
Motor Fuel Export Permittee – LLC
Motor Fuel Export Permittee – Partnership
Motor Vehicle Certificate of Title
Motor Vehicle Dealer ($50,000.00)
Non-Resident Cigarette Tax ($1,000.00)
Plumbers and Mechanical Permit ($3,000.00)
Private Detective
Professional Fundraiser ($10,000.00)
Property Broker or Freight Forwarder BMC-84 (ICC Broker) ($75,000.00)
Proprietary School
Sale of Business and Business Broker ($20,000.00)
Sale of Checks
Small Loan Lender ($10,000.00)
Small Loan Lender
Surplus Line Broker
Telephone Solicitation
Underground Utility License ($20,000.00)
Uniform Debt Management Services Act
Workers’ Compensation

Any Union Wage and Welfare
Barrington – Township License/Permit
Bristol – Township License/Permit
Burrillville – Township Drain Layer ($1,000.00)
Burrillville – Township Sewer
Central Falls – City Demolish or Move Permit
Central Falls – City Drain Layer
Central Falls – City Pawnbroker ($2,000.00)
Central Falls – City Private Detective ($5,000.00)
Coventry – Township Demolition
Coventry – Township Street and Sidewalk Excavation
Cranston – City Demolish or Move Permit
Cranston – City Drain Layer
Cranston – City License/Permit
Cranston – City License to Install Various Public Improvements ($3,000.00)
Cranston – City Private Detective ($5,000.00)
Cranston – City Right of Way
Cumberland – Township Demolish or Move Permit
Cumberland – Township Drain Layer
Cumberland – Township License/Permit
East Greenwich – Township Curb/Sidewalk
East Providence – City Drain Layer ($3,000.00)
East Providence – City Private Detective ($5,000.00)
Generic Obligee Concessionaire
Glocester – Township Private Detective ($5,000.00)
IBEW Local Union 99 Wage and Welfare
Installation Made Easy Inc (IME) IME Affiliate
Johnston – Township License/Permit
Johnston – Township Private Detective ($5,000.00)
Lincoln – Township License/Permit
Lincoln – Township Private Detective ($5,000.00)
Lumber Liquidators Inc Installation Provider
MEMO Financial Services, Inc dba MEMO MEMO Money Order
Middletown – City Drain Layer ($5,000.00)
Narragansett – Township Right of Way
Newport – City Drain Layer ($5,000.00)
Newport – City Private Detective ($5,000.00)
Newport – City Street Excavation
North Kingstown – Township Drain Layer
North Kingstown – Township Right of Way
North Providence – Township License/Permit
Pawtucket – City License/Permit
Pawtucket – City Private Detective ($5,000.00)
Portsmouth – City Soil Erosion
Providence – City Demolish or Move Permit
Providence – City Pawnbroker
Providence – City Private Detective’s License ($5,000.00)
Providence – City Sidewalk ($5,000.00)
Providence – City Sidewalk ($100,000.00)
Smithfield – Township Drain Layer
Smithfield – Township Private Detective ($5,000.00)
Smithfield – Township Road Opening
South Kingstown – Township Right of Way Permit
Warren – Township License/Permit
Warwick – City Demolition Permit
Warwick – City Drain Layer
Warwick – City Pawnbroker ($2,000.00)
Warwick – City Private Detective ($5,000.00)
West Greenwich – Township Curb/Sidewalk
West Greenwich – Township Right of Way
West Warwick – Township Drainlayer
Woonsocket – City Pawnbroker ($2,000.00)
Woonsocket – City Permit
Woonsocket – City Private Detective ($5,000.00)

Why Choose BondExchange as your Rhode Island Surety Bond Provider?

BondExchange is the only platform Rhode Island agents need to find, quote, and issue surety bonds for their clients. With a single point of entry, agents can instantly shop the entire surety bond market and deliver a high-quality, modern experience to their customers.

Using Simple and Effective Tools to Streamline the Bond Process

We’ve simplified the surety bond process by providing agents with easy-to-use tools to quickly quote bonds, methods for delivering those quotes, and online checkout options for end-customers. Our online application, easily completed by either agents or their clients, walks the user step-by-step through the entire process using plain English. Quote generation is instantaneous, as our platform takes just seconds to shop over 30 markets, offering bond purchases online with zero paperwork.

Offering Agents Expert, Customized Service Levels

BondExchange focuses on agents, so you can focus on your customers. We know that many agents do not specialize in surety, so you can rely on us to provide you with expert advice and tools to reinforce your professional reputation with your clients. With more than 40 years of experience helping agents place surety bonds for their clients, we save you time by asking the right questions and providing technology solutions so your agency can focus on other lines of business.

Complete Results with One Simple Online Application

BondExchange knows that when it comes to sourcing surety bonds, the simpler the better. With just one online application, our platform goes to work pulling bond and rate data from more than 30 markets. We even offer an in-house and interest-free installment options on most bonds! Our platform is ideal for agents that want to serve their clients both profitably and professionally.

Instant Quotes from 30+ Surety Carriers

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