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Massachusetts

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Massachusetts surety bonds are a contract legally binding the principal, obligee, and the bond.

Hence, the surety promises to pay the obligee (the government or other entity requesting the bond) on behalf of the principal, in this case, the business owner. Therefore, surety bonds act as a transfer of risk from the obligee by compensating them.

The obligations include complying with Massachusetts laws about particular business licenses or construction contracts. Failure on the part of the principal to fulfill his obligation, the surety will pay the obligation, thus resolving the dispute

Common Massachusetts Surety Bonds


Massachusetts surety bonds are a contract legally binding the principal, obligee, and the bond.

Hence, the surety promises to pay the obligee (the government or other entity requesting the bond) on behalf of the principal, in this case, the business owner. Therefore, surety bonds act as a transfer of risk from the obligee by compensating them.

The obligations include complying with Massachusetts laws about particular business licenses or construction contracts. Failure on the part of the principal to fulfill his obligation, the surety will pay the obligation, thus resolving the dispute

Common Massachusetts Surety Bonds

Contractors Bond
Auto Dealer Bond
License and Permit Bond
Fidelity Bonds
Money Transmitter Bond
ERISA Bond


How do I purchase a Massachusetts surety bond?

NFP, the nation's largest and most reliable surety company, is authorized to issue many different types of surety bonds in Massachusetts. We can provide the best rates for your bond, as well as the fastest issuance, to get your business off and running.

Our short online application makes it easy. Click below to start the application process today.

Massachusetts Surety Bond FAQs

A surety bond is a three-party agreement that guarantees one party (the principal) will fulfill their legal or contractual obligations to another (the obligee), with a third party (the surety) providing financial backing. In Massachusetts, these bonds are often required for licensing, public contracts, and legal proceedings to protect the state and its citizens from fraud or noncompliance.

Various professionals and businesses in Massachusetts must carry surety bonds, including auto dealers, mortgage professionals, construction contractors, notaries, and collection agencies. The specific bond amount and type depend on the industry and licensing authority involved.

Surety bond premiums in Massachusetts usually range from 1 to 10% of the total bond amount. The cost depends on the bond type, required coverage, and the applicant’s credit and financial profile. For example, a $25,000 auto dealer bond might cost as little as $250 per year for applicants with strong credit.

Yes, you can still qualify for a bond with bad credit, though your premium may be higher. Many surety providers offer flexible underwriting for applicants with lower credit scores, especially for common bonds like license and permit bonds. Expect to pay a higher rate, typically between 5 and 15% of the bond amount.

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Explore All Surety Bonds

Browse all of our surety bonds below or connect with the expertise and guidance of one of our surety bond specialists.

Commerical Surety Bonds

Construction Surety Bonds

License and Permit Surety Bonds

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All Types. All States. The very best solutions for your surety bond needs.