Surety Bonds in Minnesota
Fast, Easy, and Affordable with Elevated Risk Solutions
Minnesota’s Bonding Experts You Can Trust
Whether your business needs a Minnesota surety bond, trust Elevated Risk Solutions — your local, independent insurance agent. We excel at helping contractors, business owners, and professionals acquire affordable surety bonds fast and hassle-free.
We shop and compare rates with top-rated bonding companies, including Travelers, CNA, Cincinnati, United Fire Group, Auto-Owners, Old Republic, Liberty Mutual, Main Street America, Selective Insurance, Westfield Insurance, and more.
We’re pleased to offer affordable surety bonds, low down payments, and convenient pay plans.
Does your policy have the Elevated Risk Solutions Stamp of Approval?
If not, you could be overpaying.
📞 Call Now: 952-469-0401
What Is a Surety Bond?
A surety bond is an earnest cash guarantee to protect consumers, government agencies, or project owners against a business defaulting on its obligation. It’s not an insurance product — actually, it’s a three-party agreement among:
- Principal: The individual or business that is required to buy the bond.
- Obligee: The entity to whom the bond is owed (i.e., a government agency or project owner).
- Surety: The bonding company guarantees the principal will fulfill their obligation.
If the principal happens to fail to meet their obligations, then the surety pays the claim, and the principal must reimburse the surety.
At Elevated Risk Solutions, we keep it simple, keep it affordable, and do it fast. Whether you require a contractor’s license bond, an alcohol permit bond, or a performance guarantee bond, we’ll match you with the best-suited surety bond program for your specific needs.
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Why You Need a Surety Bond
Many Minnesota industries and state agencies require surety bonds as a prerequisite before they issue licenses or permits. They are meant to protect the public and ensure businesses operate ethically.
You may require a surety bond if you are:
- A contractor applying for a state or city license
- A brewery, winery, or distillery obtaining a state or federal liquor license
- A wholesaler or distributor has to pay taxes and report sales
- A business owner who handles customer funds or public projects
Your permit or license will be denied or revoked if you lack an active bond.
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Common Surety Bonds We Provide
As the bonding experts in Minnesota, we provide hundreds of bonds every year — quickly and affordably. Some of the most common are:
- Brewer’s Bond (TTB & Minnesota)
- Winery Bond
- Distilled Spirits Bond (DSP Bond)
- Wholesaler & Distributor Bonds
- Sales Tax Bonds & Liquor Tax Bonds
- Local Municipal License Bonds
Whatever bond you need, we’ve got you covered.
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Save Money with Elevated Risk Solutions
We make getting a surety bond in Minnesota easy and convenient. Our agents shop multiple bond companies to provide you with the best competitive rates, lowest fees, and fastest approvals.
✅ Free Quick Quotes
✅ Low Cost Pay Plans
✅ Low Down Payments
✅ Instant Approvals (in most cases)
✅ Electronic Filing Available
Today’s Forecast: Huge Savings.
Why pay more when you can bond for less?
Call 952-469-0401 for a fast, no-obligation estimate and see why Elevated Risk Solutions offers the lowest surety bond rates in Minnesota.
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Get an Online Surety Bond Quote
Looking for “surety bond near me”? You’re in the right place.
Our online quoting is quick, secure, and convenient — whether you need a business surety bond, a license bond, or a contract bond.
Don’t hesitate — get your quote now!
Minnesota’s trusted choice for elevated bonding protection is here to help.
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Why Choose Elevated Risk Solutions?
We’re not a 1-800 call center. We’re your local Minnesota bonding professionals, right here in Lakeville, helping businesses across the state and beyond.
We know the bonding process, the regulations, and the agencies that require them — which means faster approvals, fewer hassles, and lower rates.
Fast Free Quotes. Save Money. Easy.
We find affordable solutions for every business.
📞 Call 952-469-0401 today and get the Elevated Risk Solutions Seal of Approval.
Frequently Asked Questions About Surety Bonds
- Are surety bonds required in Minnesota?
Yes. State and municipal governments require surety bonds for licensing, permits, and public works. Contractors, alcohol manufacturers, automobile dealers, and collection agencies, for example, must all secure bonds to stay legally in business.
- How much does a surety bond cost?
Surety bond fees differ based on the type of bond, the amount needed, and your credit score. Most small bonds range from 1% to 5% of the bond amount each year. For instance, a $10,000 bond may only cost $100–$500 yearly.
- What are the limits on surety bonds?
Bond limits are dependent on the bond type and obligee requirements. They may be as low as $1,000 and as high as several million dollars for large construction or performance bonds. We can help you determine the correct limit and most affordable plan — typically low-payment pay plans and low down payments.
- How do I get a surety bond in Minnesota?
It’s easy. Just contact Elevated Risk Solutions or apply online and get a quick quote. We’ll get some basic information and match you up with the best surety bond program out there — and it’s normally approved on the same day.
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Protect Your Business with Elevated Risk Solutions
No matter what kind of brewer’s bond, contractor bond, or sales tax bond you need, we’ll make it painless.
✅ Rapid Free Quotes
✅ Low Down Payments
✅ Reliable Bond Professionals
📞 Call 952-469-0401 or receive your online surety bond quote today.
Elevated Risk Solutions — Minnesota’s Trusted Choice for Elevated Bonding Protection.
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