Surety bonds we offer:
- License & Permit
- Performance & Payment
- Financial Guarantees
- Miscellaneous Guarantees
Bond Insurance offered:
- Fidelity Bonds
- Errors & Omissions Insurance
- Directors & Officers Insurance
A variety of bonds can be issued up to $50,000, regardless of credit (does not apply to contract, court, and subdivision bonds).
411 on Surety Bonds
Surety bonds are three-party agreements in which the issuer of the bond (the surety) joins with the second party (the principal) in guaranteeing to a third party (the oblige) the fulfillment of an obligation on the part of the principal.
The party (person, corporation, or government agency) to whom a bond is given. The obligee is also the party protected by the bond against loss.
The individual who is required to be bonded by the obligee.
A person or institution that guarantees the acts of another person or institution.