What is a Georgia Private Detective and Security Agency Bond?
Dig into the importance of this surety bond!
According to the Bureau of Labor and Statistics, Investigation and Security Services is one of the top industries that has the highest level of employment in the Private Detectives and Investigators occupation.
And Georgia is one of the top states that has the highest employment of private detectives and investigators along with New York, Pennsylvania, Florida, Texas, and California.
In order to join this industry, you need to get a license and a surety bond!
A surety bond is a major requirement for a private detective and security agent license. This prerequisite – in compliance with Section 43-38-6 of the Georgia Code – will settle any doubt regarding the financial ability of the license applicant or the licensee to comply with the provisions of the state laws.
In the event that the licensee fails to abide by the said laws and other relevant industry rules resulting in damages, the person who has been injured will be eligible to receive a compensation through the surety bond.
Our role as a surety is to give you the extra credit and support that you need in order to fulfill your duties.
What is Private Detective and Security Agency Bond amount?
The bond amount is $25,000.
If you have an excellent credit score, you will be eligible to pay for a low bond premium!
Check out what you need to pay by getting your FREE SURETY BOND QUOTE HERE!
How can I get a Private Detective and Security Agency Bond?
In order to secure this type of bond, the license applicant must seek the assistance of a surety bond company.
You will be asked to apply for this bond. If you’re ready to apply for one right now, you may easily do so HERE!
Once the application is received, the surety bond company will immediately process it. In our case, one of our expert surety bond agents will guide you through the whole process from the time you applied for the bond. We will make sure that you understand all the conditions before we issue the bond.
An underwriter will then evaluate the following:
- Your financial strength
- Your job/business performance history
- Your credit score
Once the pre-qualification process is fulfilled, we will execute the bond and send it to you!
What are the surety bond conditions?
- The surety bond should be issued by a surety bond agent or company that is authorized to conduct business in the State of Georgia
- The surety bond should be made payable to the Governor of the State of Georgia
- The licensee is obligated to comply with the provisions of Section 43-38 of the Georgia Code, as well as the rules and regulations of the Georgia Board of Private Detective and Security Agencies
- If a violation is committed, the aggrieved party will be eligible to file a claim on the surety bond