ME contract security bonds.
$1,500 flat. Soft pull.

Maine requires a non-resident contract security company to file a $50,000 bond under 32 M.R.S. §9409. Ours is $1,500 flat — 3% of the bond amount, identical for every firm. One soft credit pull, e-signed in 1–2 business days.

Required for your Maine contract security company license as an out-of-state firm
Fixed amount, fixed price — $50,000 bond, $1,500, no quote theater
Soft credit pull only — never affects your score, and the rate stays 3% either way
A-ratedA.M. Best carriers1–2 daystypical issuance1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps to licensed.

Your contract security license is waiting on this bond. Here's the entire process:

TODAY · 5 MINUTES

Apply once, online

Business details, ownership, years in business, and effective date. The only extra step is a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

Most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.

1–2 BUSINESS DAYS

E-sign & file

Pay online and receive the executed bond ready to file with your contract security company license application. Wet-ink originals mailed whenever the state insists.

The whole pricing page.

$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$1,500
2-year term
$3,000
3-year term
$4,500
About this bond

What it is and who needs it.

What the bond actually guarantees

Maine licenses contract security companies under Title 32, Chapter 93, and 32 M.R.S. §9409 conditions the license on a surety bond. The bond is an honest-conduct guarantee: it is conditioned on the honest conduct of the licensee's business and gives any person injured by an intentional, knowing, reckless, or negligent act of the licensee a direct right of action on the bond.

The amount is set by residency: a $10,000 bond for a resident company and a $50,000 bond for a non-resident company. This page is the non-resident $50,000 bond.

It is not insurance for you — if the surety pays a valid claim, you repay the surety. The bond must stay active for the life of the license, so we track it and notify you 60 and 30 days out.

32 M.R.S. §9409Title 32, Chapter 93, §9409 conditions a Maine contract security company license on a surety bond of $10,000 for a resident licensee and $50,000 for a non-resident licensee, conditioned on honest conduct with a direct right of action for any injured person. Confirm your amount on your license application.

You need this bond if you're

An out-of-state security firm applying for a Maine contract security company license
Renewing a non-resident license and your current bond is expiring or non-renewing
Expanding into Maine from another state and getting licensed here
Bidding on Maine security contracts that require a licensed, bonded company

Five minutes. The whole thing.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

Do I pay the $50,000? +
No. You pay $1,500 — the flat 3% of the bond amount. The $50,000 is the surety's maximum liability to injured parties; it's not a deposit, and nobody holds your money.
Why is mine $50,000 and not $10,000? +
Under 32 M.R.S. §9409, the amount is set by residency: $10,000 for a resident company, $50,000 for a non-resident company. This page is the non-resident $50,000 bond — if your company is Maine-resident, use the $10,000 version.
What does the bond guarantee? +
The honest conduct of your security business. If you injure someone through an intentional, knowing, reckless, or negligent act, they have a direct right of action on the bond — and if the surety pays, you repay the surety.
Is there a credit check? +
Yes — one soft credit pull, which never affects your score. It informs approval, not price. The rate is a flat 3% either way: credit can affect whether we approve the bond, never what it costs.
When does it renew? +
Terms run 1, 2, or 3 years — your choice at purchase. You'll get renewal notices 60 and 30 days before expiration, and the bond must stay active for your license to stay valid.
Related bonds

Other New York bonds.

One document stands between you and a Maine license.

$1,500 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.

Your premium @ 3%$1,500
Apply now →