Rhode Island Burglar Alarm Business Bond
AmeriPro Surety Bonds | 844-589-9732
Rhode Island Burglar Alarm License
Alarm businesses in Rhode Island are licensed and regulated by the state’s Department of Labor and Training, Professional Regulation.
One of the prerequisites for licensing is that you obtain a $10,000 surety bond. Meeting the surety bond requirement through our agency will take just a few minutes.
Qualifying and the Premium
You are automatically approved for the $10,000 Rhode Island burglar alarm business bond. The premium is just $100 annually. There is no credit inquiry or underwriter review for this surety bond.
When you call us, we’ll ask you some basic questions: The exact name that you’d like to appear on your surety bond, along with your contact information.
Then we’ll ask you the following:
- Business description;
- Where your business will take place;
- Type of business (sole proprietorship, LLC, corporation, etc.)
After payment of the $100 annual premium, our agency issues your bond to you.
Upon receipt of your bond in the mail, you’ll file it along with the Power of Attorney form (which we’ll also send) to:
The Department of Labor & Training
Professional Regulation Division
1511 Pontiac Avenue, Building 70
Cranston, RI 02920
Premium Prepayment Options
The $100 premium renews annually on the anniversary of your bond’s issuance. You also have the option to prepay your bond up to 3 years thereby saving you over annual renewals.
The premium prepayment options and savings are as follows:
- If prepaid for 2 years, the premium is $180, a $20 savings;
- If prepaid for 3 years, the premium is $260, a $40 savings.
Purpose Of Your Surety Bond Requirement
The $10,000 burglar alarm business bond is a financial guarantee of your compliance with Title 5, §5-57-21 of Chapter 5-57 Burglar and Hold-Up Alarm Businesses.
The statute protects the state from the effects of harm committed by a licensed burglar alarm business up to the surety bond’s face amount.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit surety bonds throughout Rhode Island.
Our agency also provides court, probate, and license and permit surety bonds in all 50 states.
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