Maine contract security bonds.
$100 flat.
Maine requires a resident contract security company to file a $10,000 bond under 32 M.R.S. §9409. Ours is $100 flat — the price you see is the checkout price. The bond issues the moment you pay — no credit check.
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How much does a Maine contract security bond cost?
$100 at the $10,000 amount, the same for every applicant.
Three steps. One sitting.
License bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details, your county, and an effective date. That is the application. No credit check.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase.
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.
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.
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 $10,000 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 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.
What sets the price
The premium is fixed at $100 at the $10,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check.
Start the application →Common questions.
Other Maine bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your license checklist today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.