Surety Bonds for New York Private Investigator, Guard or Patrol Agency Licenses

The state of New York requires private investigators, watch, guard and patrol agencies, as well as bail enforcement agents in New York to be licensed before providing any business services. In addition to the license requirement, applicants will need to obtain a surety bond.

Surety Bond Requirement:

A surety bond involves three entities:

• An Obligee, which is the entity requiring the surety bond. In this case, the obligee is the New York Department of State, Division Licensing Services, also known as the NYS.
• A Principal, which is the person who is required to obtain a surety bond, such as the applicant of the license.
• A Surety, is the entity that issues the surety bond.

A $10,000 surety bond is required for the license. The bond guarantees the faithful, ethical and honest conduct and to abide by state laws. License renewals require a Certificate of Bonded Status to be signed by the issuing surety.

Licensing Requirements:

The New York license requirements include:

• Must be at least 25 years old
• Must be a U.S. citizen
• Must have a high school diploma
• Must provide proof of education or professional experience
• Must take and pass the state examination
• Must submit a license application
• Must submit electronic fingerprinting
• Must pay application fees
• Must provide character references
• Must provide background information
• Must provide a $10,000 surety bond
• Evidence of liability coverage may be required

What Will This Bond Cost?

The premium you pay for a New York Private Investigator, Patrol or Guard Agency Surety Bond starts as low as $100 based on good credit. Contact our Surety Bond Specialists for a free quote.

Did You Know?

A New York Private Investigator license is good for two years before it needs to be renewed.

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