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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:
  1. A business considered the surety (The Surety Group Agency, LLC).
  2. The person (you) that is being bonded, called the principal.
  3. 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
Surety Bond News
5/17/2012: New Financing Plan for Auto Dealers in Texas
Texas dealers can finance their auto dealer bond with four payments.... Read More
5/15/2012: Surety University for Auto Dealers
Answers for Auto Dealers Applying for Surety Bonds... Read More
5/4/2012: Surety Bonding is Simpler Now
Custom bond programs with simpler underwriting and fast answers.... Read More
5/2/2012: New Texas Auto Dealer Bond Program Launching in May
Read More
5/1/2012: Auto Dealer Bond Financing is Still Available in Florida
Florida auto dealers who missed the April 30th deadline for the Florida Car Dealer bond can still apply with the Surety Group through May 10th.... Read More
4/26/2012: Car Dealers Have Ten Extra Days to Apply for the Florida Auto Dealer Bond
The Surety Group is offering Florida auto dealers an 10 extra days to renew their Florida car dealer bond which expires on April 30th.... Read More
4/18/2012: Lost Stock Instrument Bonds at Deep Discounts
The Surety Group offers Lost Instrument Bonds, including Lost Stock Certificate Bonds, at rates that transfer agents can't match.... Read More
4/16/2012: Florida Used Car Dealer Bonds Available with Financing
Read More
4/11/2012: Contractor License Bonds Explained
An overview of what contractor license bonds are, how they work, and the purpose of having them.... Read More
4/9/2012: Florida Auto Dealer Bond Expires on April 30th
Florida auto dealers have three weeks to renew their auto dealer bond, also known as the Florida used car dealer bond. The Surety Group has a nontraditional bond program for Florida car dealers with impaired credit.... Read More

 
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