The State of Utah requires Service Contract Providers to be licensed with the Utah Department of Insurance as a Service Contract Provider if they are providing any of the following service contracts/warranties:

• Home Warranty
• Automobile Warranty/Service Contract
• Consumer Goods Warranty/Service Contract
• Vehicle Protection Warranty

As part of the licensing requirement, the provider must provide and maintain a $50,000 Service Contract Provider License Surety Bond.  Additional information about license requirements can be found on the Utah Service Contract Providers website.

How much does a Utah Service Contract Provider License Bond cost?

Surety Bond costs are dependent upon the credit and financial strength of the applicant.  Rates are typically 2-5% of the bond amount, with lower rates available for qualifying accounts.  Complete our simple online application to get your free bond quote today!