This bond helps the collection of fines, penalties and restitution, and insures the Public Utilities Commission of California in case an inter-exchange carrier fails to comply with the laws and ordinances. The bond is set at 10% of interstate revenues reported to the Commission during the preceding calendar year, or $25,000—whichever is greater. The premium on this bond is usually as low as 1%.
To Secure a California Non-Dominant Interexchange Carrier Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.