South Carolina Surety Bonds

Surety bonds in South Carolina are legally binding agreements between the principal, obligee and surety that ensure obligations are met.Learn more

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What you need to know about South Carolina Surety Bonds

Popular South Carolina Surety Bonds


Administrator of the S.C. Department of Consumer Affairs Motor Club Special Deposit Bond

South Carolina
Administrator of the S.C. Department of Consumer Affairs


Fiduciary Administrator Bond

South Carolina
Variable obligee


Airlines Reporting Corporation Airline Reporting Corporation (ARC) Bond

Federal/countrywide Bonds
Airlines Reporting Corporation



Business Services Dishonesty Bond

Federal/countrywide Bonds
Variable obligee


Centers for Medicare & Medicaid Services Medicare Durable Medical Equipment DMEPOS Bond

Federal/countrywide Bonds
Centers for Medicare & Medicaid Services


Fiduciary Guardian Conservator Minor Bond

South Carolina
Charleston County Probate Courts


City of Aiken Aiken Contractor Bond

South Carolina
City of Aiken


City of Columbia Contractor's Permit Bond

South Carolina
City of Columbia


City of North Augusta Contractor's License Bond

South Carolina
City of North Augusta




County of Charleston Contractor's License Bond

South Carolina
County of Charleston






Department of the Army SDDC Freight Carrier Performance Bond

Federal/countrywide Bonds
Department of the Army


Department of the Treasury Federal TTB Brewer's Bond

Federal/countrywide Bonds
Department of the Treasury


Department of the Treasury Distilled Spirits Bond

Federal/countrywide Bonds
Department of the Treasury



Department of Treasury Alcohol and Tobacco Tax and Trade Bureau (TTB) Federal TTB Manufacturer Exporter Tobacco Bond

Federal/countrywide Bonds
Department of Treasury Alcohol and Tobacco Tax and Trade Bureau (TTB)






ERISA - Qualified Bond

Federal/countrywide Bonds
Variable obligee




Federal Motor Carrier Safety Administration BMC-84 Freight Forwarder (ICC Broker) Bond

Federal/countrywide Bonds
Federal Motor Carrier Safety Administration





Federal/countrywide Installation Made Easy, Inc. IME Affiliate Surety Bond

Federal/countrywide Bonds
Installation Made Easy, Inc.


Janitorial Bond

Federal/countrywide Bonds
Variable obligee




Plaintiff's Attachment Bond

South Carolina
Variable obligee






Santee Cooper Utility Deposit Bond

South Carolina
Santee Cooper


Screen Actors Guild American Federation of Television and Radio Artists SAG AFTRA Franchised Talent Agency Bond

Federal/countrywide Bonds
Screen Actors Guild American Federation of Television and Radio Artists


Social Security Administration Representative Payee Bond

Federal/countrywide Bonds
Social Security Administration




South Carolina Building Codes Council Modular Manufacturer Bond

South Carolina
South Carolina Building Codes Council



South Carolina South Carolina Contractor's Licensing Board, State of South Carolina General Contractor's License Bond

South Carolina
South Carolina Contractor's Licensing Board, State of South Carolina





South Carolina Department of Health and Environmental Control Waste Tire Haulers Financial Assurance Bond

South Carolina
South Carolina Department of Health and Environmental Control


South Carolina Department of Revenue for and on behalf of the State of South Carolina State Tobacco Tax Bond

South Carolina
South Carolina Department of Revenue for and on behalf of the State of South Carolina


South Carolina Department of Revenue Motor Fuel User Fee Bond

South Carolina
South Carolina Department of Revenue


South Carolina Department of Transportation (SCDOT) Right of Way Performance Bond

South Carolina
South Carolina Department of Transportation (SCDOT)


South Carolina Electric & Gas Company Utility Deposit Bond

South Carolina
South Carolina Electric & Gas Company


South Carolina Environmental Certification Board Well Driller Bond

South Carolina
South Carolina Environmental Certification Board



Special Authorities Division, X-46, Office of International Aviation, US Department of Transportation Direct Air Carriers Bond

Federal/countrywide Bonds
Special Authorities Division, X-46, Office of International Aviation, US Department of Transportation






State of South Carolina Cosmetology School Bond

South Carolina
State of South Carolina




State of South Carolina Department of Consumer Affairs Preneed Funeral Contracts Bond

South Carolina
State of South Carolina Department of Consumer Affairs


State of South Carolina Employment Agency Bond

South Carolina
State of South Carolina



State of South Carolina Instructional Materials Bond

South Carolina
State of South Carolina


State of South Carolina Insurance Administrator Bond

South Carolina
State of South Carolina


State of South Carolina Insurance Broker Bond

South Carolina
State of South Carolina















State of South Carolina Polygraph Examiner Bond

South Carolina
State of South Carolina


State of South Carolina Premium Service Company Bond

South Carolina
State of South Carolina



State of South Carolina Professional Solicitors Bond

South Carolina
State of South Carolina


State of South Carolina Reclamation Bond

South Carolina
State of South Carolina









United State Postal Service Contract Postal Unit Bond

Federal/countrywide Bonds
Variable obligee


United States of America Federal TTB Wine Bond

Federal/countrywide Bonds
United States of America




US Department of Agriculture Food Stamp Bond

Federal/countrywide Bonds
US Department of Agriculture




US Department of Commerce National Marine Fisheries Inspection Bond

Federal/countrywide Bonds
US Department of Commerce


US Department of Homeland Security Airport Customs Security Area Bond

Federal/countrywide Bonds
US Department of Homeland Security


US Department of Housing and Urban Development HUD Manufactured Housing Installer Bond

Federal/countrywide Bonds
US Department of Housing and Urban Development


US Department of Labor H-2A Farm Labor Contractor Bond

Federal/countrywide Bonds
US Department of Labor


US Department of Transportation Public Charter Operators Bond

Federal/countrywide Bonds
US Department of Transportation




How do you get a SC surety bond?

Surety bonds in South Carolina are legally binding agreements that ensure obligations are met. There are three parties involved in the contract:

  • The principal: The party that must fulfill the obligation.
  • The obligee: The party that needs a guarantee the principal will perform.
  • The surety: The party that issues the bond to guarantee the performance of the principal. If the principal fails to meet the agreed obligations, the surety will pay out claimed losses up to the bond amount with the principal ultimately liable for those losses.

The process in South Carolina begins when the obligee informs you or your business a surety bond is required. You must then research the type of bond that you need and its specific requirements. From there, you will apply online for the bond through a surety company or agency.

The surety company will require you to provide personal and business information such as names, addresses, social security numbers, and employee identification numbers. Their underwriters will use this information to review your financial health to assess the risk of issuing you the bond.

After your application is approved, you will receive a surety bond quote with the bond premium (which is another name for the price of the bond and which varies depending on the amount of bond coverage you applied for). If you accept the quote, you pay the premium and the surety company issues you the bond.

Who needs a surety bond in South Carolina?

The State of South Carolina requires surety bonds across a variety of industries. There are two primary categories for these bonds; contract bonds and commercial bonds.

Contract Surety Bonds help project owners ensure that contractors perform their work properly. There are different types of contract bonds, including performance bonds which protect the project owner from financial loss if the contractor fails to perform in accordance with the agreement.

Contract Surety Bonds are most common in the construction industry but can also be used for janitorial services, transportation, and security services.

Commercial Bonds are often related to a specific license or permit and are required by the state of South Carolina and other municipal entities to ensure businesses conform to the regulations in place to protect the general public. Some of the most common bond types include:

How much does a surety bond cost in South Carolina?

Surety bond costs vary depending on the bond amount and the premium rate. The obligee sets the required bond amount and the surety determines your premium rate, which is the percentage of the total bond amount you pay as the premium.

Premium rates for surety bonds tend to range between 1% and 15%. When determining your premium rate, the surety company evaluates your credit history, financial statements, industry experience, and licensing history. The better your financial standing, the better rate you will receive. Bad credit can result in higher premiums and make it harder to secure certain bonds.

Below are the costs for some of the more popular surety bonds in the state of South Carolina].

  • Mortgage Loan Broker Special Deposit Bond: Mortgage brokers are required by the South Carolina Consumer Finance Division to post a surety bond of $25,000. EZ Surety can offer premiums for these bonds as low as $250, issued instantly.
  • Motor Vehicle Dealer and Wholesaler Bond: Auto dealers selling new or used motor vehicles are required by the SCDMV to post a surety bond of $15,000. EZ Surety can offer premiums for these bonds as low as $150, issued instantly.
  • BMC-84 Freight Broker Bond: Freight brokers and freight forwarders are required by the FMCSA to post a $75,000 surety bond to receive a freight broker license. EZ Surety can issue these bonds for a premium as low as $938, subject to underwriter review.