Get Tennessee Lottery Bond Form - Surety Bond

How much does a Tennessee notary bond cost? Tennessee notary bonds cost $50 for the state-required 4-year term and include $10,000 of errors and omissions insurance.

On average, the cost for a surety bond falls somewhere between 1% and 15% of the bond amount. That means you may be charged between $100 and $1,500 to buy a $10,000 bond policy.

You can obtain a corporate surety through many insurance providers. If your insurance provider does not write corporate surety bonds, there are third-party companies available that can assist you with finding a company to write your corporate surety bond for you.

If you want to become a lottery retailer in Tennessee, you must: Complete a background check. Complete the Lottery Retailer Application Packet. Obtain a lottery retailer surety bond. Submit the $95 application fee.

Surety bond premiums (the amount you pay) are often calculated as a percentage of the total bond amount, usually between 0.5% and 5% of the bond amount for applicants with good credit, and between 5% up to as much as 20% of the bond amount for applicants with poor credit.

You can obtain a corporate surety through many insurance providers. If your insurance provider does not write corporate surety bonds, there are third-party companies available that can assist you with finding a company to write your corporate surety bond for you.

Tennessee certificate of title bond costs start at $100 for the state-required 3-year term. Exact costs vary depending on the surety bond amount required by the Department of Revenue. Bond amounts less than $10,000 cost $100. Bond amounts from $10,001 to $25,000 cost $10 for every $1,000 of coverage, starting at $100.

1. Mail the claim form along with signed original ticket and copies of the required ID (see #3 and #4 above) to: Tennessee Education Lottery Corporation, P.O. Box 290636, Nashville, TN 37229-0636. 2. Once the claim is received, it will be processed for payment and mailed to the address on the claim form.