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Information purchaser surety bond cost

Premiums of Michigan information purchaser bonds are based on underwriting consideration. Applicants with strong financial credentials can expect to pay just 1-5% of the bond amount – or as little as $250. Individuals with low credit scores can rest assured when working with us because we can approve 99% of applicants – regardless of credit score.

Why this bond

A Michigan information purchaser surety bond is required before you or your company can purchase information regarding driver’s licenses, vehicle registrations and other personal records from the Michigan Department of State. This bond is used to ensure information purchasers adhere to state laws that regulate the buying and selling of personal information. Under current law, lists cannot be sold for marketing and/or solicitation. Information may be purchased for the following reasons:

  • for use in connection with matters of motor vehicle and driver safety or auto theft
  • for verification of the accuracy of personal information submitted by an individual to a business
  • for use in investigative purposes for a civil, criminal, administrative or arbitration proceeding in a federal, state or local court or governmental agency
  • for use in legitimate research activities and in preparing statistical reports for commercial, scholarly or academic purposes by a bona fide research organization
  • for use by a news medium in the preparation and dissemination of a report related in part or in whole to the operation of a motor vehicle or public safety
  • for any use by an individual requesting information pertaining to himself or herself

Information purchaser bond details

Michigan information purchaser surety bonds are continuous until canceled, and 30 days notice prior to cancellation is required.

Access to personal information may be bought for $8 per inquiry. The Michigan Department of State requires a letter of explanation for why you need the records, a signed agreement detailing the terms of use of the records and a surety bond in the amount of $25,000.

Additional information for information purchasers

Personal information can be accessed and purchased through a program called “Direct Access.” To obtain the forms needed to establish your Direct Access account, submit your request with the following information:

  • program you are interested in (Direct Access Program)
  • company name and address
  • contact person’s name
  • contact person’s telephone and fax numbers
  • contact person’s e-mail address

Apply for your surety bond

Get a FREE Michigan Information Purchaser Bond Quote Today! Click here to begin

Additional information