Cost: varies, click below to choose
If you operate a Private Security Agency in the State of Iowa, the Iowa Department of Public Safety requires that you execute an Iowa Private Security Agency Bond in the amount of $10,000.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Iowa Security Agency Bond holds you accountable for your business decisions.
By possessing an Iowa Security Agency Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.