What is Colorado Private Investigator Bond?

Learn what this bond is for and how to get one easily!

Colorado Private Investigator BondThis surety bond is a requirement that needs to be satisfied before an individual is granted a license as a Private Investigator in Colorado. The purpose of which is to ensure proper fulfillment of the private investigator’s duties and responsibilities.

The bond is mandated by the Department of Regulatory Agencies in under Title 12 Article 58.5 of the Colorado Revised Statutes or the Private Investigators Licensure Act.

A Private Investigator is a detective hired by private individuals or entities to conduct an investigation that includes obtaining substantial evidence about a certain suspect.

 

What is the bond amount?

The bond amount is $10,000, made payable to the State of Colorado.

If you have a stellar credit score, you may be eligible for a very low bond premium or just 1% of the bond amount.

Get your FREE quote here to know what yours is!

 

What are the Colorado Private Investigator Bond conditions?

  • The bond will be an agreement between these three parties:

Principal – The Private Investigator license applicant

Obligee – The State of Colorado

Surety – the surety bond company

  • The bond should be issued by a surety bond company who is authorized to do business in the State of Colorado such as Surety Bond Authority
  • The principal will abide by the provisions of the Private Investigators Licensure Act and all the other rules and regulations that apply to his profession
  • In cases where the principal commits a violation, the person affected by such act will be eligible to file a claim on the bond
  • The validity of the bond will be the same as that of the Private Investigator’s license validity
  • In case of cancellation, a 30-day notice is required

 

How can I obtain this type of bond?

The first step is to submit a bond application. Don’t worry; we will guide you through the whole process.

Along with some basic information, we will ask you a couple of questions about your financial capability, your job performance history, and your credit score. An underwriter will carefully evaluate all those.

Once done, we will immediately execute the bond and send it to you!

 

What else are the qualifications that must be satisfied to become a licensed Private Investigator?

  • Level II Private Investigator:
  • Must be at least 21 years old
  • Be a United States citizen or a legal alien
  • Must pass the jurisprudence examination approved and developed by the Director
  • Level II Private Investigator:
    • Must be at least 21 years old
    • Be a United States citizen or a legal alien
    • Must pass the jurisprudence examination approved and developed by the Director
    • Should have a verifiable experience as a private investigator
  • Submit a set of fingerprints taken by a local law enforcement agency
  • Completed online application
  • Pay the application processing fee of $330

Ready to start yours? Call us now!

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