Why so much cheaper than Surety bonds?

[Bond Magician]

Why are fidelity bonds so much cheaper than other types of Surety bonds (such as motor vehicle dealer bonds)?

[Admin]

You need to keep in mind, a fidelity bond is not a type of surety bond. Therefore, you are comparing apples and oranges.

A fidelity policy is a form of insurance. Compare it to other types of insurance and I think you will find similar pricing.