A Surety Bond is a contract between three parties: the Obligee (the recipient of an obligation), the Principal (the primary party who will perform the obligation), and the Surety (who assures the obligee that the principal can perform the task).
A surety bond or surety is a promise to pay one party (the obligee) a certain amount of money if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal’s failure to meet the obligations. We offer the following types of surety bonds:
Please contact us if your business is required to carry a bond to operate.
Contract Bonds
- Bid
- Maintenance
- Performance
- Supply
- Payment
- Subdivision
- Right of Way
Probate
- Administrator
- Executor
- Guardian
- Conservator
Fidelity
- Janitorial
- Employee Dishonesty
Misc.
- Title Agents
- Mortgage Broker
- Notary
- License/ Permit/Code Compliance
- Financial Guarantee
- Sales Tax
- Surplus Lines Broker