Surety Bonds

Offered by Patriot Bonding, LLC

Surety Bonds Surety Commercial Surety Bond License And Permit Bond Contractor License Bond Permit & License Bond Bonds

Description

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 obligee) the fulfillment of an obligation on the part of the principal. An obligee is 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.There are hundreds of different types of surety bonds. The most common are License & Permit bonds. For example, an MVD bond allows a qualified person or entity to obtain a license to sell motor vehicles (please check with your state for eligibility requirements to obtain such a license)Other types of surety bonds are Performance & Payment bonds. These are used in the construction industry. The bond guarantees that a contractor will perform the project to specifications stated in the contract and that the contractor guarantees payment to their suppliers/subcontractors

Details

Carrier Information

9 Rated Carriers

Admitted

Listing Contact

Rob Netzel Owner

Offered By

Patriot Bonding, LLC

10 listings in 50 states + DC

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Availability 50 states + DC

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

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