# Do I get my surety bond premium back? *Reviewed 2026-05-15* ## Short answer Generally no. The premium is the cost of the surety guaranteeing your obligation for the term, so it is earned once the bond is issued, much like paying for coverage. If you cancel mid-term, some bonds allow a partial refund of unearned premium, but many license bonds are fully earned and not refundable. A surety bond premium pays for the guarantee, not a deposit you get back. Once the bond is in force, the surety is on the hook for valid claims, so the premium for that term is considered earned. This is different from the bond amount, which you never pay unless a claim requires it. Refund rules depend on the bond and the surety. Some bonds return unearned premium if you cancel early and no longer need the bond; others, especially small fixed-amount license bonds, are fully earned at issuance. Check the terms before assuming a refund. ## Related - [Surety bond services](/bonds) - [Contact our team](/contact)