North Carolina licensing agreement bonds.
$100.
A $5,000 performance bond that backs the obligations in a licensing agreement. The premium is $100, set by our carrier's rate book. This is a contractual bond — confirm the obligee named in your agreement — and a soft credit check may apply, never a hard inquiry.
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How much does a North Carolina licensing agreement bond cost?
$100 at the $5,000 amount, the same for every applicant.
Three steps to filed.
Small performance bonds are simple. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. Any credit check that runs is a soft pull that never affects your score. If it needs a second look, one to two business days at most.
E-sign & deliver
Pay online and receive the executed bond, ready to deliver to the counterparty your licensing agreement names. Wet-ink originals mailed whenever they insist.
What it is and who needs it.
What this bond actually covers
This is a $5,000 performance bond that backs the obligations in a licensing agreement — a contract under which one party grants the other a license to use a name, product, system, or territory. The bond guarantees that the licensee performs the agreement's terms.
If the licensee fails to perform and the protected party (the obligee named in the agreement) is harmed, that party can recover against the bond — and if the surety pays, the licensee repays the surety. It is not insurance for the licensee; it is a guarantee that backs the agreement.
This is a contractual bond, not a North Carolina statutory license bond — the obligation comes from your agreement, not a single statute. Because the obligee and exact terms come from your contract, confirm them on your bond request before you file, and we'll issue to match.
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 $5,000 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
E-sign & deliver. Pay online and receive the executed bond, ready to deliver to the counterparty your licensing agreement names. Wet-ink originals mailed whenever they insist.
What sets the price
The premium is fixed at $100 at the $5,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual underwriting fields, including a one-time consent to a soft credit check. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other North Carolina bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Performance bond, issued today.
$100, short application, bond issued when you pay. Free until issued.