Any person or entity soliciting or collecting claims owed to a third party in Arizona. Required when: Failure to pay collected funds to clients or violation of collection laws. Exemptions: Attorneys, banks, real estate brokers, and persons collecting their own debts.
Overview
What it is.
Any person or entity soliciting or collecting claims owed to a third party in Arizona. Required when: Failure to pay collected funds to clients or violation of collection laws. Exemptions: Attorneys, banks, real estate brokers, and persons collecting their own debts.
Who usually needs it
Any person or entity soliciting or collecting claims owed to a third party in Arizona.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateAZBond amount$10,000Term lengthContinuousObligeeArizona Department of Insurance and Financial Institutions (DIFI)RenewalAnnual renewal; must submit Form L-CAR to verify income and bond amount.Bond classLicense BondCategoryFinancial ServicesBondCollection Agency Surety BondStatutory referenceA.R.S. § 32-1021JurisdictionState
