The Iowa Seller of Travel Bond was a $10,000 surety bond required for travel agencies to protect consumers from fraud, misrepresentation, or financial loss. Iowa repealed this requirement on July 1, 2020, and now only requires simple registration. This bond is no longer active but may still be referenced by agencies w…
Overview
What it is.
The Iowa Seller of Travel Bond was a $10,000 surety bond required for travel agencies to protect consumers from fraud, misrepresentation, or financial loss. Iowa repealed this requirement on July 1, 2020, and now only requires simple registration. This bond is no longer active but may still be referenced by agencies w…
Who usually needs it
Travel agencies and sellers of travel services operating in Iowa were required to obtain this bond prior to July 1, 2020. As of that date, Iowa Code Chapter 9D was repealed, eliminating the bond requirement. Travel agencies now only need to register with the Secretary of State with a $15 fee. This bond is no longer required but is retained in the database f…
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.
StateIABond amount$10,000ObligeeIowa Secretary of StateBond classLicense BondCategoryFinancial ServicesBondIowa Seller of Travel BondPlain descriptionThe Iowa Seller of Travel Bond was a $10,000 surety bond required for travel agencies to protect consumers from fraud, misrepresentation, or financial loss. Iowa repealed this requirement on July 1, 2020, and now only r…Who needs this bondTravel agencies and sellers of travel services operating in Iowa were required to obtain this bond prior to July 1, 2020. As of that date, Iowa Code Chapter 9D was repealed, eliminating the bond requirement. Travel agen…
FAQ
Common questions.
Is the Iowa Seller of Travel Bond still required in 2024-2025?
No, the Iowa Seller of Travel Bond is no longer required. Iowa Code Chapter 9D, which mandated the $10,000 bond for travel agencies, was repealed on July 1, 2020. Travel agencies now only need to register with the Iowa Secretary of State with a $15 registration fee. No bond is required for operation in Iowa.
What did the Iowa Seller of Travel Bond cover before it was repealed?
Before its repeal in 2020, the $10,000 Iowa Seller of Travel Bond protected consumers from financial losses caused by fraud, misrepresentation, or failure by travel agencies to properly transfer payments for travel services. The bond ensured that customers could file claims if a travel agency mishandled their funds or failed to deliver promised services.
What do Iowa travel agencies need to do instead of getting a bond?
Iowa travel agencies must register with the Iowa Secretary of State by submitting a registration form along with a $15 fee. The registration includes basic business information such as agency name, address, owner/officer details, and employee travel agents. No surety bond or extensive licensing is required, making Iowa one of the simplest states for travel agency registration.
