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Bond cost index

Remittance Bond Cost

Remittance bonds guarantee that a party collecting funds on behalf of a state or municipality will remit them on the schedule the obligee requires.

How much does a remittance bond cost?

Bond amount set by the state in statute or rule, usually 1 to 3 times the average monthly remittance. Premium 1 to 3 percent for clean credit, term one to three years. Premium for a remittance runs about 1% to 15% of the bond amount per year, set by underwriting based on credit and financials.

Data as of 2026-06-17. Methodology v1.

Bond amount set by the state in statute or rule, usually 1 to 3 times the average monthly remittance. Premium 1 to 3 percent for clean credit, term one to three years.

The bond amount for this bond is set by the obligee on a case-by-case basis rather than by a statewide statute, so there is no per-state table. These are estimated ranges, not quotes. Final premium is set by underwriting and depends on the bond amount, your credit and financials, the bond class, and the obligee. A firm number takes a short application.