Surety Bond
Offered by Surety One, Inc.
Surety Bonds Freight Broker Bond Lost Instrument Bond Lease Guarantee Bond Broker Bond License Surety Bond Contractor License Bond DMEPOS BondDescription
The commercial surety bond class is made up of simple, transactional bonds that do NOT contain contract performance guarantees. License and permit bonds, public official bonds, court bonds and miscellaneous surety bonds are the major categories of this class. Bonds under $25,000 generally require only a completed application to underwrite. Larger surety bond requests and those bond obligations that contain language or provisions that are onerous to the surety company require review of financial statements.
Surety bonds are essentially unsecured credit instruments therefore personal credit is an important factor in certain underwriting and rating decisions. We offer non-standard program access to applicants that may have damaged credit or may not have had the opportunity to develop a consumer credit history. We decline no application, but rather offer terms that fit each applicant.
There are two broad categories of surety bonds; contract surety bonds such as:
and there are commercial surety bonds which are typically:
Some surety bonds represent a sort of hybrid, guaranteeing third-party wage payments and decommissioning/reclamation provisions, such as, . . .
Details
Carrier Information
Admitted
Offered By
Availability 50 states + DC
Covered
Not Covered
