What is a Surety Bond?
Does your state have a new surety bond requirement for your particular business? Or are you looking for a better rate for your existing bond from a reputable surety bond company? No matter what you're looking for, SuretyBonds.com has the surety bond you need.
Thousands of individual surety bonds are out there, and each state has unique surety bond requirements. Whether you need a commercial surety bond, a contract bond or another surety bond, we can issue more than 25,000 different surety bonds nationwide.
When purchasing surety bonds, you should be familiar with the surety bond process. SuretyBonds.com offers a number of resources that give our customers insight into the industry, from finding a surety bond definition to calculating surety bond rates to getting your specific surety bond cost. Please visit our Surety Bonds Education Center if you're looking for additional information about surety bonds.
Most surety bonds fall under license and permit bonds. These bonds are generally required to obtain a license or permit in any city, county, or state.
License and Permit Bonds apply to many different professionals and businesses that we encounter every day as consumers.
The License Bond is used to ensure that a professional service provider is qualified to do business and will abide by whatever state law, statute, ordinance, or regulation requires.
We can issue over 25,000 types of License Bonds. These can vary from a mortgage broker bond to an auto dealer bond all the way to health care professionals and construction contractors.
The first step in getting a license and permit bond quote is to fill out an application.
Get a License & Permit Application
A contract surety bond is a bond that typically deals with the performance at some or all stages of a construction project. Any federal government construction project that exceeds $100,000 is required to have a performance bond.
Chances are a project owner has told you that you need a surety bond to be a contractor on their project. There are several different types of contract surety bonds to familiarize yourself with before you enter into a contract.
Contract surety bonds include bid bonds, performance bonds, payment bonds, maintenance bonds and subdivision bonds.
Contract surety is relationship driven. The first step toward establishing a relationship and getting a contract bond is to fill out an application.
Get a Contract Bond Application
Court and Probate Bonds are commonly used as a financial guaranty to the court in a variety of proceedings. Court bonds guarantee that parties are protected from financial loss stemming from a court proceeding.
A probate bond is used to protect the deceased and beneficiaries from fraud or embezzlement of the estate or assets. These bonds are often referred to as estate or executor bonds.
Two other types of court bonds include guardianship bonds and appeal bonds. Appeal bonds typically require 100% collateral and are required by the court prior to any appeal. A Guardianship bond, also called a custodian bond, guarantees that the legal guardian of a minor or handicapped.
To get started with your court or probate bond fill out an application.
Get a Court & Probate Application
There's a whole world of bonds that don't fall into the traditional categories of contract, court, or license and permit bonds.
Some miscellaneous bonds are legally mandatory while others may be more for private agreements between businesses and consumers.
Any bond that doesn't fit into one of the categories above will be categorized as a miscellaneous bond. If you do not see your bond listed anywhere, contact a surety specialist to find out if we can help you.
Popular miscellaneous bonds include ARC bonds for travel agents and utility bonds, which guarantee payment of utility bills.
Get started on your surety bond now and get a miscellaneous bond application.
Get a Miscellaneous Bond Application
