This bond is required for anyone who wants to operate a private investigation or security company in Maine. The $25,000 bond acts as a financial guarantee that protects clients and the public if the business breaks state laws or fails to meet their professional obligations. If the company acts unethically or causes fi…
Overview
What it is.
This bond is required for anyone who wants to operate a private investigation or security company in Maine. The $25,000 bond acts as a financial guarantee that protects clients and the public if the business breaks state laws or fails to meet their professional obligations. If the company acts unethically or causes fi…
Who usually needs it
Licensed professional investigators (resident and non-resident), investigative assistants who assist licensed private investigators, and contract security companies operating in Maine must obtain this bond as a mandatory requirement before a license can be issued. The bond amounts vary by category: $10,000 for resident professional investigators and contrac…
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.
StateMEBond amount$25,000ObligeeState of MaineBond classLicense BondCategorySecurity ServicesBondMaine Private Investigator/Security Company BondJurisdictionStatePlain descriptionThis bond is required for anyone who wants to operate a private investigation or security company in Maine. The $25,000 bond acts as a financial guarantee that protects clients and the public if the business breaks stat…Who needs this bondLicensed professional investigators (resident and non-resident), investigative assistants who assist licensed private investigators, and contract security companies operating in Maine must obtain this bond as a mandator…