Louisiana blanket solicitor bonds.
From $100.
Instead of bonding each recruiter separately, a Louisiana proprietary school can file one blanket bond covering all its solicitors at $1,000 each under R.S. 17:3141.9. Pricing is 1% of the bond amount, $100 minimum — no credit check up to $25,000.
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How much does a Louisiana blanket solicitor bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard blanket bond — enter your amount, apply, and file. Here is the whole thing:
Apply online
Your school details, the blanket bond amount (your solicitor count × $1,000), and the effective date — that is the application, and it shows your exact price.
Issued on the spot
No credit check up to $25,000. Above $25,000, a soft pull may add a short review.
File with the Board of Regents
Submit the executed blanket bond with your solicitor permit applications to the commissioner of higher education. Wet-ink originals mailed on request.
What it is and who needs it.
What the blanket bond actually covers
Under R.S. 17:3141.9, a Louisiana proprietary school may supply the solicitor bond itself, as a blanket bond covering each of its agents at $1,000 apiece — rather than having every recruiter post an individual $1,000 bond. It’s the same protection, filed once.
The bond is continuous, filed with the commissioner of higher education, and conditioned to indemnify any student who suffers a loss from fraud or misrepresentation a covered solicitor used to procure enrollment. Each of the school’s agents draws on the same blanket coverage.
Because the coverage is $1,000 per agent, the bond amount is simply your number of solicitors times $1,000. Add a recruiter, raise the blanket; we re-issue at the new amount, priced at 1% of the bond amount, $100 minimum, with no credit check up to $25,000.
You need this bond if you are
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 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.
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 Board of Regents. Submit the executed blanket bond with your solicitor permit applications to the commissioner of higher education. Wet-ink originals mailed on request.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $25,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with your blanket amount (solicitor count × $1,000) — your exact price appears in the application, and the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Louisiana bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Blanket solicitor bond, issued today.
Priced at 1% of the bond amount, $100 minimum. Enter your amount and see your exact price at the application.