Iowa Travel Agency Bond |
AmeriPro Surety Bonds | 844-589-9732
Travel Agencies – Iowa
In Iowa, travel agencies are licensed and regulated by the Secretary of State. A prerequisite for licensing is that first time licensees must provide evidence of a $10,000 surety bond. Obtaining this surety bond from our agency will likely take no more than 10 minutes from your day.
Qualifying and the Premium
You and your travel agency business are automatically approved for the $10,000 Iowa travel agency bond. After completion of an application — which we’ll take from you over the phone — and payment of the $100 premium, our agency issues this bond for you immediately thereafter.
The travel agency bond has neither a review by an underwriter nor a credit check; it is an “instant issue” surety bond.
Once issued, a copy of the bond can be emailed to you for no additional charge. The original surety bond, which you will need to sign as Principal before filing with the Secretary of State, will be mailed to you by the following business day.
It is ideally the signed original surety bond that you will want to file with the state.
The Bond’s Term
The Iowa travel agency bond is a continuous bond; it has no preset expiration date. The bond is therefore issued and paid for one time and unless either you or the surety cancels for some reason, it is a perpetual surety with no expiry.
Purpose of the Surety Bond Requirement
Your travel agency bond is a financial guarantee that you will:
- Be in compliance with Iowa Code Chapter 9D of the state’s regulations;
- That you will compensate any customers for losses due to fraud, misrepresentation, or insolvency of your travel agency business;
- And, that you will be responsible for attorney fees and costs for failure to comply with any relevant laws and which in turn causes harm.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit bonds throughout Iowa.
Our agency also provides surety bonds nationwide.
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