Georgia structured settlement bonds.
$500 flat.
Georgia will not let a company buy structured settlement payment rights from a Georgia payee, or file a transfer proceeding here, unless it first registers with the Secretary of State as a structured settlement purchase company and posts a $50,000 surety bond under O.C.G.A. § 51-12-73. Ours is $500 flat.
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How much does a Georgia structured settlement bond cost?
$500 at the $50,000 amount, the same for every applicant.
Three steps. One sitting.
The bond is the filing that turns an accepted registration into a working one, so most companies handle it the same day. Here is the entire process:
Apply online
Entity details, your contact person, an effective date, and a term. The credit consent in the form authorizes a soft inquiry only.
Pay & e-sign
This bond is checkout-priced at $500 flat, so it issues the moment you pay. Your executed bond and power of attorney generate on the spot.
File with the Secretary of State
Send the executed bond, or a copy, with your structured settlement purchase company registration or annual renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A structured settlement purchase company is a business that buys future structured settlement payments from an injured person at a discount. Georgia governs those transfers under the Georgia Structured Settlement Protection Act, and O.C.G.A. § 51-12-73 layers a registration and bonding requirement on top of the court approval each individual transfer already needs: a person or entity may not act as a transferee, attempt to acquire structured settlement payment rights from a Georgia-resident payee, or file a transfer proceeding in this state without first registering with the Secretary of State.
Registration is conditioned on the applicant certifying, under oath, that it has secured a $50,000 surety bond, letter of credit, or cash bond payable to the State of Georgia. The bond is a three-party arrangement — the company (the principal), the surety, and the state (the obligee) — and it exists to give a payee harmed by a violation of the Act a source of recovery, and to back the company's performance of its obligations to that payee.
It is not insurance for the company — if the surety pays a claim, the company repays the surety. The statute requires the bond to stay in effect for not less than three years after the registration it backs expires or terminates, and neither the company nor the surety can cancel or modify it without at least 20 days' written notice to the Secretary of State. Registration renews annually, and each renewal application must include current bond documentation; we track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $50,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the Secretary of State. Send the executed bond, or a copy, with your structured settlement purchase company registration or annual renewal. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $500 at the $50,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual issuing fields — entity details, your contact person, an effective date, and a term. The credit consent in the form authorizes a soft inquiry only.
Start the application →Common questions.
Other Georgia bonds.
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Price and requirements checked on the carrier’s application, . Page updated .
Finish your Secretary of State registration today.
$500 flat, soft pull only, bond often issued in the same sitting. Free until issued.