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Surety Bonds
A surety bond is required for many types of businesses across the country. It is
essentially a three-party agreement:
- A business considered the surety (The Surety Group Agency, LLC).
- The person (you) that is being bonded, called the
principal.
- The third party, called the
obligee (the person the principal is doing business with).
To know which type of surety bond you need you must understand the bond requirement,
the bond form and any regulations for the surety bond. The Surety Group does not
expect you to have this knowledge. With over 30 years of experience writing surety
bonds, we know what to do to get you the best rate, quickly.
We classify our surety bonds three ways on our website: Commercial
Surety Bonds,
Court Surety Bonds and
Contract Surety Bonds. If you are unsure which class you belong
to, simply press
Apply Now and we'll do the rest.
Contract Bonds: A
Contract Bond is a surety bond that deals with construction. Usually, before
you can bid on a project, the company accepting the bid requires you to be bonded.
There is no limit or minimum requirement for obtaining a
construction surety bond or a
bid bond.
Learn
more about contract bonds
Court Bonds: A
Court Bond is a surety bond required by a court. They protect individuals
from loss based upon the results of court proceedings.
Learn more
about court bonds.
Commercial Bonds: A
Commercial Bond is classified as any bond not required by the court or the
construction industry. Examples of these bonds are the
Auto Dealer Bond and the
Mortgage Broker Surety Bond.
Learn
more about commercial bonds
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Surety Bond News
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2/2/2013:
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11/5/2012:
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10/2/2012:
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9/25/2012:
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9/18/2012:
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5/25/2012:
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The Surety Group just added a Live Chat feature to the homepage of their website so that people can get questions answered quickly....
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5/17/2012:
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Texas dealers can finance their auto dealer bond with four payments....
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5/15/2012:
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Answers for Auto Dealers Applying for Surety Bonds...
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5/4/2012:
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Custom bond programs with simpler underwriting and fast answers....
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5/2/2012:
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