New Jersey Surety Bond Types

People like to feel protected when entering into business contracts with companies. Since the nature of surety bonds is to protect people from fraudulent and unethical businesses, bonded companies reassure people that they’re doing business with a reputable company. One of the most important industries people like to feel protected in is the insurance industry. The New Jersey state government knows that people expect their insurance claims to be taken care of in an honest and ethical manner, so New Jersey’s Department of Banking and Insurance requires public adjusters to secure a public adjuster bond before they are issued a business license to do business in the state.

In this example, the adjustor acts as the principal who promises to fulfill certain obligations. If at some point during the bond’s lifetime the adjuster acts maliciously, then every person damaged can file a claim on the bond and seek retribution. If this happens the adjustor could have to pay the entire face value of the bond. Since individuals and business owners like to avoid fees and bad reputations, the bond entices them to make ethical and appropriate decisions.

Surety Bond Definitions in New Jersey

There are many different types of businesses in New Jersey that are also required to secure a surety bond. Check your local and state rules and regulations regarding bonding in your area to see what kind you may need to pursue. If you find that your business doesn’t have to be bonded, you still might want to consider it as an extra protective measure. It’s good to be bonded if your business is one that deals directly with people because your customers will feel more confident about doing business with a bonded individual or company.

If you’re ready to get a bond, you can apply for one quickly and easily online in a matter of minutes. If you want to get the lowest rate possible make sure you provide as much financial and credit information that you can. You could have a quote back in only a few days. If you need help you can easily find a helpful surety bond specialist who will work to get the bond that’s best for you.

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Bond Type Obligee Cost Apply Get Quote
Burlington, New Jersey - Street Opening Bond City of Burlington
49 Rancocas Rd.
Mt. Holly , NJ 08060
Apply Now Get Quote
Collection Agency Bond Division of Revenue
P.O. Box 628
Trenton , NJ 8646
$5,000 Apply Now Get Quote
Commission Merchant Dairy Bond Secretary of Agriculture
369 S. Warren St.
Trenton , NJ 8608
varies Apply Now Get Quote
Commission Merchant Produce Bond Secretary of Agriculture
369 S. Warren St.
Trenton , NJ 8608
varies Apply Now Get Quote
Debt Adjustment Bond Department of Banking and Insurance
20 W. State St.
Trenton , NJ 08608
$50,000 Apply Now Get Quote
Detective Agency License Bond New Jersey State Police
P.O. Box 7068
West Trenton,, NJ 08628
$5,000 Apply Now Get Quote
Electrical Contractor Bond Building Department
P.O. Box 219
Trenton , NJ 08625
Apply Now Get Quote
Energy Consultant Bond State Treasurer
125 W. State St.
Trenton , NJ 08608
$10,000 Apply Now Get Quote
Lonport, New Jersey - Contractor Bond Borough of Longport
2305 Atlantic Ave.
Longport , NJ 08403
Apply Now Get Quote
Maintenance Bond State of New Jersey
P.O. Box 001
Trenton , NJ 08625
varies Apply Now Get Quote
Master Plumber License State of New Jersey
P.O. Box 001
Trenton , NJ 08625
Apply Now Get Quote
Medford Township, New Jersey - Construction Contractor Medford Township
17 N. Main St.
Medford , NJ 08055
Apply Now Get Quote
Motor Fuels Tax Bond Division of Taxation
630 Bangs Ave.
Asbury Park, NJ 07712
varies Apply Now Get Quote
Ocean County, New Jersey - Street Opening Ocean County
P.O. Box 2191
Toms River , NJ 08754
Apply Now Get Quote
Performance Bond State of New Jersey
P.O. Box 001
Trenton , NJ 08625
varies Apply Now Get Quote
Proposal Bond New Jersey Turnpike Authority, Purchasing Division
P.O. Box 5042
Woodbridge, NJ 07095
varies Apply Now Get Quote
Public Adjuster Bond Department of Banking and Insurance
P.O. Box 327
Trenton , NJ 08625
Apply Now Get Quote
Rowan University - Payment Bond Rowan University
201 Mullica Rd.
Glassboro, NJ 08028
varies Apply Now Get Quote
Rowan University - Performance Bond Rowan University
201 Mullica Rd.
Glassboro, NJ 08028
varies Apply Now Get Quote
The Superior Court of New Jersey - Administrator's Bond The Superior Court of New Jersey
469 Dr. Martin Luther King, Jr. Blvd.
Newark, NJ 07102
varies Apply Now Get Quote
Ventnor City, New Jersey - Contractor Bond City of Ventnor
6201 Atlantic Ave.
Ventnor , NJ 08406
Apply Now Get Quote