California Bill Payer Bond

The California Bill Payer Bond is required by the California Department of Business Oversight. in the amount of $25,000. The bond states the bondholder shall faithfully conform to and abide by the provisions of the laws, rules and regulations made by the Commissioner. In addition, they shall honestly and faithfully apply all funds received. As well as, honestly and faithfully perform all obligations and undertakings.

Who needs a California Bill Payer Bond?

This bond is required for all those who want to be licensed as a Bill Payer in the state. A Bill Payer is someone who pays bills. They receive money as an agent of an obligor to  pay  bills. They will receive a fee from the obligor for their services.  

What are other Licensing Requirements?

• Payment of $250 for the application fee and investigation fee
• Completed application form 
• License bond in the amount of $25,000
• Fidelity bond in the amount of a minimum of $50,000. 
• A net worth of at least $10,000 including liquid assets of at least $5,000

Where can I get a ? 

Surety1 can easily get you the bond that you need. You can be assured of the lowest rates as we have partnered with over a dozen A-rated surety markets. We have friendly agents who are willing to answer all your queries and give you only the best service.

First, start the process by completing our easy to navigate, free online application form. Then, after your application has been submitted, one of our surety agents will contact you with a no-obligation quote on the bond premium. After that, once you are ready to move forward, you just need to pay the premium and sign the agreement. Lastly, your California Bill Payer bond will be mailed to you by USPS Priority Mail. Overnight delivery is also available for an additional fee.

Surety1 has been in the business since 2003. We are licensed in all 50 states and our services have earned an A+ rating from the Better Business Bureau.