Individuals or entities acting as a 'seller of travel' in California who choose to provide a surety bond as financial security in lieu of maintaining a trust account. Required when: Required as a condition of registration or renewal to conduct business as a seller of travel in California. Exemptions: Air and ocean car…
Overview
What it is.
Individuals or entities acting as a 'seller of travel' in California who choose to provide a surety bond as financial security in lieu of maintaining a trust account. Required when: Required as a condition of registration or renewal to conduct business as a seller of travel in California. Exemptions: Air and ocean car…
Who usually needs it
Individuals or entities acting as a 'seller of travel' in California who choose to provide a surety bond as financial security in lieu of maintaining a trust account.
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.
StateCABond amountThe bond must be in an amount at all times no less than at least equal to the a…Term lengthContinuousObligeeCalifornia Department of Justice, Seller of Travel ProgramRenewalThe bond remains in effect continuously until canceled by the surety with 30 days' written notice; however, the seller of travel must renew their registration with the Department of Justice annually.Bond classLicense BondCategoryTransportationBondSeller of Travel Surety BondStatutory referenceCalifornia Business and Professions Code Section 17550.11JurisdictionState
