An employment agency bond is required by the State of California as a prerequisite for an employment agency to legally operate in California.
An employment agency bond is required by the State of California as a prerequisite to legally operate an employment agency in California.
The bond is in favor of the people of the State of California and guarantees that the person obtaining the bond will comply with all applicable California rules and regulations and pay all sums due to any individual or group of individuals when the person or his representative, agent, or employee has received those sums. The bond is also for the benefit of any person damaged by the bonded principal’s violation of the applicable California rules and regulations or fraud, dishonesty, misstatement, misrepresentation, deceit, unlawful acts, omissions, or failure to provide the services of the employment agency in the performance of the job seeker’s contract.
Employment agencies are required by State of California statutes to obtain a bond in order to legally conduct business in California.
A $3,000 surety bond is required by the State of California from a surety company authorized to conduct business in California.
Colonial offers the direct and digital way to obtain a California 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!
A California 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.
It is important to understand how surety bonds work, and who is the insurance company issuing your bonds. It is easy to obtain a California employment agency bond when you deal direct 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.