The California Talent Agency Surety Bond is required by the California Department of Industrial Relations in order to obtain a Talent Agency License in this state.
Any person or entity involved in arranging for the employment of an artist or artists in entertainment must get a license to operate as a talent agency. More information about the laws regarding Talent Agencies in California can be found on the California Department of Industrial Relations website.
In order to obtain a Talent Agency License in California, the following requirements must be completed:
The full list of these requirements can be found online here.
California Talent Agency Surety Bond has a required bond amount of $50,000. The bond is required to guarantee that the Talent Agency will abide by the contract created between the artists and the talent agency company. It serves as a safeguard to help ensure that artists are properly paid for their work and that their contracts are followed. If the artist falls victim to fraud, deceit, or financial loss or ruin as a result of the Talent Agency’s actions, he or she may place a claim on the bond. Unlike insurance, if the surety company pays out a claim, the bond principal (the talent agency) must repay the surety for any losses incurred.
Per California Labor Code section 1700.15, this surety bond must be in place in order to keep your license active.
In order to obtain this bond, simply fill out our free online application! One of our licensed agents will contact you within one business day with a quote for the price to obtain your bond (the “premium”). If you choose to move forward after receiving your quote, we will have you sign any necessary paperwork and remit the premium payment, at which time we will ship your bond to you via USPS Priority Mail (with overnight shipping options also available).
Why choose Surety1?
At Surety1, our agents work with over a dozen “A” rated surety markets to ensure we are finding you the lowest price for your bond. We’ve been issuing surety bonds since 2003 and our quality, reliable service has led us to an A+ rating by the Better Business Bureau! Located in California and licensed in all 50 states.