$250 is your GOOD CREDIT PRICE for a Michigan Professional Investigator Bond for a 3 year term.
If you are engaged as a private detective in Michigan you are required under Public Act 285 of 1965 to file a Michigan Professional Investigator Bond as a condition of licensure.
Bonds Express offers a Michigan Professional Investigator Bond with a 99% approval rate.
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 Michigan Professional Investigator Bond holds you accountable for your business decisions.
By possessing a Michigan Professional Investigator Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.