MI professional investigator bonds.
$300. Five minutes.

Michigan requires every licensed professional investigator or investigator agency to file a $10,000 bond, conditioned for the faithful and honest conduct of the business. Ours is $300 flat — 3% of the bond amount, identical for everyone.

Required under the Professional Investigator Licensure Act (Act 285 of 1965), MCL 338.829 — administered by LARA
Fixed amount, fixed price — $10,000 bond, $300, no quote process
Conditioned for the faithful and honest conduct of the business — protects people harmed by wrongful acts
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 and an effective date. That's the application — no financials, no credit check section, no follow-up scavenger hunt.

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 LARA professional investigator license application or renewal. 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

Michigan licenses professional investigators and investigator agencies under the Professional Investigator Licensure Act (Act 285 of 1965), administered by LARA. The license is conditioned on a $10,000 bond, executed and filed with the department, conditioned for the faithful and honest conduct of the business.

It's a guarantee that backs your conduct: under MCL 338.829, any person injured by a willful, malicious, and wrongful act of the licensee may bring an action on the bond in their own name to recover damages. The investigator is the principal, the surety stands behind the bond, and the public is protected.

It is not insurance for you — if the surety pays a claim, you repay the surety. The act also allows a qualifying liability insurance policy in lieu of the bond; most investigators choose the bond because it is the cheapest way to satisfy the requirement. The bond must stay active for the life of your license.

MCL 338.829 (Professional Investigator Licensure Act)Under the Professional Investigator Licensure Act (Act 285 of 1965), MCL 338.829, a license applicant must execute, deliver, and file a $10,000 bond conditioned for the faithful and honest conduct of the business, approved by LARA. Any person injured by a willful, malicious, and wrongful act of the licensee may bring an action on the bond. A qualifying liability insurance policy may be furnished in lieu of the bond.

You need this bond if you're

Applying for a MI professional investigator license — individual or agency
Renewing your investigator license and your bond is expiring or your surety non-renewed
Forming an investigator agency that must be licensed and bonded
An out-of-state investigator getting licensed to work in Michigan

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 Michigan professional investigator bond? +
The premium is $300 — a flat 3% of the fixed $10,000 bond amount, the same for everyone. The $10,000 is set by statute, 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.
What does the bond protect against? +
It is conditioned for the faithful and honest conduct of your business. Any person injured by a willful, malicious, and wrongful act of the licensee can bring an action on the bond to recover damages — and if the surety pays, you repay the surety.
Can I use insurance instead of a bond? +
Yes — the act allows a qualifying liability insurance policy naming the licensee and the state in lieu of the $10,000 bond. Most investigators choose the bond because at $300 flat it is the cheapest way to satisfy the requirement.
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, with autopay available, so your license never lapses over a missed email.
Related bonds

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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 →