Oregon Surety Bonds

• Freight Broker Bond: A $75,000 bond required for freight brokers in Oregon and all other states. Due to this being a federal requirement set by the Federal Motor Carrier Safety Administration (FMCSA), this bond is the same across the US. 
• Auto Dealer Bond: All auto dealers in OR must submit a $50,000 bond to get a dealer license issued by the Oregon Department of Transportation (ODOT).
• Contractor License Bond: Required to get licensed as a residential or commercial contractor through the Oregon Construction Contractors Board (CCB). The bond amount varies from $15,000 - $80,000.
• Mortgage Broker Bond: Oregon mortgage brokers must apply for their license through the Nationwide Mortgage Licensing System (NMLS). The bond amount needed to secure this license ranges from $50,000 - $200,000. The required bond amount is based on the broker’s dollar volume of Oregon loan originations.

An Oregon surety bond typically costs 1% - 5% of the total bond amount needed. For example, a $50,000 Oregon auto dealer bond costs $500 - $2,500.

The small percentage paid to get a bond is known as a bond rate or bond premium. For most bonds, this is calculated using a soft credit check.

Instant bond quotes are generated mainly with a credit check. However, additional information is sometimes needed. Other factors that may also be used to determine the bond premium include:

• Experience in your industry.
• Bonding history and past bond claims. 
• Assets and other business financials.

1. Determine the Surety Bond You Need

To find which Oregon surety bond you need, try one of the following options.

• Ask Your Obligee: The entity or organization requiring you to get bonded (obligee) determines which bond you need and the bond amount. Try contacting them or looking through their website to learn about their bond requirements. 
• Check Our Online Resource: Our Find Your Bond Tool is free, quick, and easy. Plus, once you find your bond, getting a free bond quote only takes a couple of minutes. 
• Contact Our Bonding Experts: Talk to a surety specialist online or over the phone. They can help you determine which bond you need, fill out an application, and answer any questions.

2. Apply For Your Bond

Fill out an online application to get an instant bond quote. 

The form only takes minutes to complete and sends a quote directly to your inbox. Information you will need for the application includes:

• aBond Name (ex. Oregon Auto Dealer Bond)
• Bond Amount (ex. $50,000)
• Your Contact Information
• Licensing Number (if available, for certain license bonds)

3. Receive Your Quote

Most bond rates are determined by running a soft credit check. Therefore, it should only take a couple minutes to arrive in your inbox. Please note that some types of surety bonds or high-value bonds may take a little more time. 

To purchase your bond at your quoted rate, log in to our website. Fill out the forms and pay your invoice.

4. Get Your Bond

A copy of your bond will be sent to your inbox when your payment clears. Please double-check that all information is correct—this is important. 

• One of our new clients detailed a situation in which her past bonding company mistyped her name on the bond form. This error wasn’t caught before the bond was submitted—delaying her licensing application for almost a month.

At JW Surety Bonds, our bond experts always double-check their work. However, we still suggest that you proofread your bond.

• Oregon Department of Transportation (ODOT)
• Oregon Construction Contractors Board (CCB)
• The Division of Financial Regulation (DFR)

JW Surety Bonds is fully licensed to underwrite surety bonds in the state of Oregon.

License Number 100164725