Maryland Private Home Detention Monitoring Agency Bond
Get to know what this surety bond is for and how to easily obtain one!
What is a Private Home Detention Monitoring Agency Bond?
As a license requirement, private home detention monitoring agencies are required by the Maryland Department of Public Safety and Correctional Services to submit a surety bond before monitoring individuals who are required by a court order to be monitored.
Compliance to the provisions of Title 20 of the Annotated Code of Maryland and other rules that governs home detention monitoring agencies is one of the reasons for the requirement. This includes faithfully and honestly conducting the following monitoring services:
- Monitoring individuals who are under court orders 24 hours a day, 7 days a week
- Use monitoring methods and equipment that meet or exceeds the standard set forth by the Secretary of Public Safety and Correctional Services
If the licensee commits an act that is against the relevant laws and rules, any person who has suffered damages will be eligible to receive a compensation through a bond claim.
What is the Private Home Detention Monitoring Agency Bond?
The bond amount is $2,500.
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 Home Detention Monitoring 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 prequalification process is fulfilled, we will execute the bond and send it to you!
What are the surety bond conditions?
- The surety bond agent or company should be authorized to conduct business in the State of Maryland
- The surety bond should be made payable to the State of Maryland for the benefit of any person who will suffer damages from the misconduct of the principal (private home detention monitoring agency)
- The licensed private home detention monitoring agency is obligated to comply with the provisions of Title 20 of the Annotated Code of Maryland as well as the rules and regulations of the Maryland Department of Public Safety and Correctional Services
- If the licensed private home detention monitoring agency commits a violation, the aggrieved party will be eligible to file a claim against the bond