Private Investigator Bond

The Oregon Private Investigator Bond is a type of surety bond required by the Oregon Department of Public Safety Standards and Training (DPSST) in the amount of $5,000. The cost of the surety bond is usually the minimum premium and fees of $150.

The bond states that the bondholder will pay all amounts that may be ordered by the Department of Public Safety Standards and Training against the principal.  Negligent, improper work, or breach of contract in performing work can result in claims against your bond. If the surety company pays a claim on the bond, it will seek restitution from the bond principal (licensee).

How to Get an Oregon Private Investigator Bond

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Oregon Private Investigator Bond will be shipped to the bond applicant.
^{1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.} 

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.

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Who needs an this surety bond?

Everyone in Oregon who wants to apply for or renew a private investigator license needs an Oregon Private Investigator Bond. This includes:

• Individuals: Anyone applying to become a private investigator in their own right.
• Agencies: Any detective agency or investigation agency operating in Oregon.
• Partnerships or Corporations: Any entity providing private investigator services, regardless of its legal structure.

There are no exceptions to this requirement. Even if you only plan to offer certain types of private investigation services, like skip tracing or background checks, you still need a bond.

Here are some specific examples of individuals who need a bond:

• A former police officer wanting to start their own investigation firm.
• A security guard who wants to offer additional investigative services.
• A journalist who wants to conduct private investigations for articles.
• An individual hired by a law firm to do background checks on potential witnesses.

The bond serves two important purposes:

• Protects clients: If the private investigator engages in misconduct or negligence that causes financial harm to a client, the client can file a claim against the bond to be compensated.
• Ensures professional conduct: The bond acts as a financial incentive for private investigators to adhere to ethical standards and comply with state laws.

If the surety company pays a claim on the bond, it will seek restitution from the bond principal (licensee).

 

What are other Private Investigator licensing requirements?

1. Completed application
2. 1 Fingerprint card
3. Provide three Professional letters of reference
4. Submit proof of 1500 hours of professional work experience
5. Complete two passport quality photographs
6. Submit a one-time $69 application fee and the required $550 licensing fee

Once your application packet has been processed, you will be registered to take the PI Proficiency Exam. Minimum passing score on the exam is 86%.