Tennessee Surety Bond Types

Surety bonds are known for the great protection they offer businesses, their customers and government agencies. Tennessee offers many different types of surety bonds to be used as protection by various business industries. Generally speaking, surety bonds keep individuals or businesses from participating in fraudulent activities that would take advantage of their customers or the government.However, surety bonds offer many other benefits as well.

When an individual or company enters into a contract with a customer a surety bond is often obtained to ensure that the company, or principal, completes all of the agreed-upon duties. The surety issues a bond between the principal and its customer, also called the obligee. Once the bond is issued the surety obligates the principal to fulfill the contract. If the principal fails to carry out his or her duties, then the obligee may seek compensation from the surety if necessary.

Surety Bond Definitions in Tennessee

The Tennessee state government requires many different types of businesses to obtain various surety bonds. One such bond is the City of Knoxville Gas Installation and Serviceman’s Bond. This bond binds the principal, a gas installation and service work company, to the city of Knoxville in the sum of $10,000. The purpose of the bond is to guarantee that a gas company working in Knoxville does honest and adequate work. This bond states if the company fails to comply with the terms of all permits, laws, ordinances, rules and regulations for gas installation and service work that the company must either correct any errors or reimburse any errors the principal failed to correct.

Although many businesses, like this one, get surety bonds because the government requires them, they are actually available to any individual who would like extra protection for his or her business. Acquiring a surety bond without being required to is just as easy and beneficial as getting one that is required. You can easily find resources online to help you determine which type of bond is best for you and your business, and if you need help, finding surety bond specialists is just as easy. A specialist will work to get the best bond for you and your needs. Applying for a bond takes only a matter of minutes and you can get a quote back within a few days. After you get one you’ll feel much better about the legitimacy of your business, and so will your customers.

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Bond Type Obligee Cost Apply Get Quote
Chattanooga, Tennessee - Street Obstruction and Excavation Bond City of Chattanooga Department of Public Works
101 E. 11th St.
Chattanooga, TN 37402
$25,000 Apply Now Get Quote
Cigarette and Tobacco Tax Credit Bond Commissioner of Revenue
500 Deaderick St.
Nashville, TN 37243
varies Apply Now Get Quote
Collection Service License Bond Collection Service Board
500 James Robertson Pkwy.
Nashville, TN 37243
$25,000 Apply Now Get Quote
Contract Payment and Performance Bond Department of Transportation
505 Deaderick St., Ste. 700
Nashville, TN 37243
varies Apply Now Get Quote
Davidson County, Tennessee - Corporate Surety Bond Davidson County
408 2nd Ave. N.
Nashville, TN 37201
varies Apply Now Get Quote
Gallatin, Tennessee - Contractor Bond City of Gallatin
132 W. Main St. Rm. 202
Gallatin , TN 37066
Apply Now Get Quote
Hendersonville, Tennessee - Contractor Bond City of Hendersonville
101 Maple Dr. North
Hendersonville , TN 37075
Apply Now Get Quote
Home Improvement Contractor's Bond Department of Commerce & Insurance, Board for Licensing Contractors
500 James Robertson Pkwy.
Nashville, TN 37243
$10,000 Apply Now Get Quote
Johnson City, Tennessee - Building License Bond City of Johnson City
601 E. Main St.
Johnson City, TN 37601
$10,000 Apply Now Get Quote
Knoxville, Tennessee - Electrical Contractor's Bond City of Knoxville
City County Building, 400 Main St.
Knoxville, TN 37902
$10,000 Apply Now Get Quote
Knoxville, Tennessee - Gas Installation & Serviceman's Bond City of Knoxville
City County Building, 400 Main St.
Knoxville, TN 37902
$10,000 Apply Now Get Quote
Knoxville, Tennessee - Mechanical Contractor Bond City of Knoxville
City County Building, 400 Main St.
Knoxville, TN 37902
$10,000 Apply Now Get Quote
Knoxville, Tennessee - Plumber's Bond City of Knoxville
City County Building, 400 Main St.
Knoxville, TN 37902
$10,000 Apply Now Get Quote
Manufacturer of Manufactured Homes Bond Department of Commerce & Insurance
500 James Robertson Pkwy.
Nashville, TN 37243
$50,000 Apply Now Get Quote
Memphis, Tennessee - Contractor Bond City of Memphis
125 N. Main St. Ste. 700
Memphis , TN 38103
Apply Now Get Quote
Mortgage Broker, Lender or Servicer Bond Department of Financial Institutions
414 Union St., Ste. 1000
Nashville, TN 37219
varies Apply Now Get Quote
Motor Vehicle Dealer Bond Motor Vehicle Commission
500 James Robertson Pkwy.
Nashville, TN 37243
$50,000 Apply Now Get Quote
Nashville, Tennessee - Contractor Bond City of Nashville
100 Metro Courthouse
Nashville , TN 37201
Apply Now Get Quote
Notary Bond With Errors and Omissions Secretary of State
312 Rosa L. Parks Ave.
Nashville , TN 37243
Apply Now Get Quote
Notary Public Bond Secretary of State
312 Rosa L. Parks Ave.
Nashville , TN 37243
Apply Now Get Quote
Pest Control Bond Department of Agriculture and Markets
P.O. Box 40627
Nashville , TN 37204
Apply Now Get Quote
Probationary Services Provider Performance Bond Varies by County
Varies by obligee
, TN
$25,000 Apply Now Get Quote
Proposal Bond Department of Transportation
505 Deaderick St., Ste. 700
Nashville, TN 37243
$5 Apply Now Get Quote
Public Adjuster Bond Tennessee Department of Commerce and Insurance
500 James Robertson Pkwy
Nashville , TN 37243
Apply Now Get Quote
Public Automobile Auction Bond
500 James Robertson Pkwy.
Nashville, TN 37243
$50,000 Apply Now Get Quote
Tax Bond for Licensee for Sale of Alcohol Beverages for Consumption on the Premises Department of Revenue
500 Deaderick St.
Nashville, TN 37242
varies Apply Now Get Quote
Title Insurance Producer's Bond Department of Commerce & Insurance
500 James Robertson Pkwy.
Nashville, TN 37243
$25,000 Apply Now Get Quote
Tobacco Tax Stamp Affixing Agent Bond Commissioner of Revenue
500 Deaderick St.
Nashville , TN 37242
Apply Now Get Quote
Weakley County, Tennesee - Bond for Notary Public at Large Weakley County
8319 Hwy. 22, Ste. B
Dresden, TN 38225
$10,000 Apply Now Get Quote