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An employment agency bond is required by the State of New Jersey as a prerequisite to legally operate a licensed employment agency in New Jersey.
The bond guarantees that the person applying for the license will comply with all applicable New Jersey statutes and pay all damages due by reason of misrepresentation, deception, misleading acts or practices, or unlawful omissions of any licensed person, agent, or employees of the licensed employment agency while acting within the scope of their employment with the licensed employment agency.
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Employment agencies are required by State of New Jersey statutes to obtain a bond in order to legally operate and obtain a license in New Jersey.
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A $10,000 surety bond is required by the State of New Jersey from a surety company authorized to conduct business in New Jersey.
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Colonial offers the direct and digital way to obtain a New Jersey employment agency bond. We are the insurance company — which means no agent, no broker, and no middleman. We make it easy to obtain your bond instantly. The steps are simple — get a quote online, fill out your information, and enter your payment method. Print your bond from your home or office. It’s that simple!
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A New Jersey employment agency bond is reasonably priced and easy to obtain. You may notice that with other insurance agents and middlemen companies, your premium rate will fluctuate and include additional hidden fees and costs. Colonial offers our lowest possible rate. Premium is based on the amount of the bond required by the applicable government agency.
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It is important to understand how surety bonds work and who is the insurance company issuing your bonds. It is easy to obtain a New Jersey employment agency bond when you deal directly with a quality insurance company licensed to write surety bonds. Colonial is an A (Excellent) rated insurance company by A.M. Best that has been incorporated since 1930. We are Treasury listed, and licensed and admitted in all U.S. states and territories.
New Jersey Employment Agency Bond
An employment agency bond is required by the State of New Jersey as a prerequisite to legally operate a licensed employment agency in New Jersey.
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Licensed in all U.S. States and Territories