Minnesota Private Detective Bond Requirements
Private detectives in Minnesota are required to obtain a surety bond as part of their licensing process. The bond amount is typically $10,000. This bond protects clients from potential misconduct or illegal actions by the detective.
To obtain a private detective bond in Minnesota, applicants must submit an application and undergo a background check. The bond must be filed with the Minnesota Board of Private Detective and Protective Agent Services before a license will be issued.
Cost and Renewal of MN Private Detective Bonds
The cost of a $10,000 Minnesota private detective bond usually ranges from $100-$500 annually, depending on the applicant's credit history and experience. Bonds must be renewed each year when the detective's license is renewed.
Private detectives with poor credit may face higher bond premiums but can still obtain bonding through high-risk surety programs. Working with a surety agency experienced in Minnesota private detective bonds can help ensure the best rates.
