ME contract security bonds.
$300. Five minutes.

Maine requires a resident contract security company to file a $10,000 bond under 32 M.R.S. §9409. Ours is $300 flat — 3% of the bond amount, with our $275 minimum already cleared. The application is five minutes, with no credit check on this bond.

Required for your Maine contract security company license as a resident firm
Fixed amount, fixed price — $10,000 bond, $300, no quote process
Multi-year terms available — set it once for up to 3 years
A-ratedA.M. Best carriersFastoften same purchase1–3 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. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · 5 MINUTES

Apply online

Business details, your county, and an effective date. That's the application — no financials, no credit check section.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with your license

Your executed bond and power of attorney arrive by email, ready to file with your contract security company license application. Wet-ink original mailed on request.

The whole pricing page.

$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$300
2-year term
$600
3-year term
$900
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 resident $10,000 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

A Maine-resident security firm applying for a contract security company license
Renewing a resident license and your current bond is expiring or non-renewing
Starting a guard company that needs the §9409 bond on file
Bidding on Maine security contracts that require a licensed, bonded company

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn't have one.

Start the application →
FAQs

Common questions.

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

How much is the Maine resident contract security bond? +
The premium is $300 — a flat 3% of the fixed $10,000 bond amount, which clears our $275 minimum. The $10,000 is set by 32 M.R.S. §9409, so there is no quote process.
Do I pay the $10,000? +
No. You pay $300. The $10,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
Why is mine $10,000 and not $50,000? +
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 resident $10,000 bond — if your company is out of state, use the $50,000 version.
Is there a credit check? +
Not on this bond — the application has no credit section. Small fixed-amount license bonds like this one don't need one.
When does it renew? +
The bond must stay active for as long as you hold the license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out so your license never lapses over a missed email.
Related bonds

Other New York bonds.

Finish your license checklist today.

$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$300
Apply now →