We recommend $5,000 to $10,000 as the best level for a License & Permit Bond. The reason is that below this amount, there is not adequate public protection; above this amount, too many applicants won't financially qualify to receive the bond.
A $5,000 to $10,000 bond helps to screen out those most obviously unqualified and still affords a good amount of public protection. Generally, a bond in this amount will only cost the licensee between $50 to $100.