Surety Bond Types
Surety bonds are contracts between at least three parties and is usually prepared on a specific surety bond form. Surety bonds are generally issued by an entity on behalf of a second party, guaranteeing that the second party will fulfill an obligation or series of obligations to a third party. In the event that the obligations are not met, the third party will recover its losses via the surety bond. Through the surety bond, an insurance company agrees to uphold the obligations or contractual agreements made by the principal, if that principal fails to do so. The principal will generally pay a premium for the surety bond in exchange for the surety company’s financial strength behind the bond.
Surety bonds are often mistakenly referred to as surity bonds or security bonds. There are many different kinds of surety bonds. Contract bonds, or construction bonds, can provide financial protection in the event that a particular job is not performed as desired. Commercial, or license and permit bonds are usually required by a state, county or city and guarantee that the provisions of applicable codes and laws that apply to particular activities will be followed. Below is a list of some of the most commonly requested bonds.
Types of Insurance Bonds
| Appraiser bond |
| Auctioneers bond |
| Auto Dealer bond |
| ARC bonds |
| Bid Bond |
| Blanket Bond |
| Caregiver insurance bond |
| Certificate of Title bond |
| Claims Adjuster bond |
| Collection Agency bond |
| Construction bond |
| Contract bond |
| Contractor License bond |
| Court Bond |
| Credit Repair Bond |
| Defective title bond |
| Deferred Deposit bond |
| DMEPOS Medicare bond |
| Employee Dishonesty bond |
| Employment Agency bond |
| ERISA bond |
| Escrow Agents bond |
| Escrow Company bond |
| Farm Products Broker bond |
| Fidelity bond |
| Freight Broker bond |
| Guardianship Bond |
| Immigration Assistant NY bond |
| Immigration Consultant Bond |
| Insurance Adjuster bond |
| Insurance Agent bond |
| Insurance Broker bond |
| Janitorial bond |
| Legal Document Assistant bond (NO credit check) |
| License Bond |
| Liquor bond |
| Lost Instrument Surety bond |
| Lottery bonds USA |
| Maintenance bond |
| Mechanic Lien bond |
| Money Transmitter bond |
| Mortgage Broker Surety bond |
| Mortgage Bond |
| Notary Public bond |
| NVOCC Bond |
| Performance & Payment Bond |
| Paving Bond |
| Payment Bond |
| Performance bond |
| Permit (Misc) bond |
| Pet Sitting Fidelity bond |
| Pharmaceutical bond |
| Photocopiers CA bond |
| Private Investigator bond |
| Private School bond |
| Private Sewage Disposal bond |
| Private Water Systems bond |
| Probate Court bond |
| Process Server bond |
| Property Broker bond |
| Public Adjuster bond |
| Public Official bond |
| Roofing Contractor bond |
| SAG bond (Screen Actors Guild) |
| Sales Tax bond |
| Supply Bond |
| Talent Agency bond |
| Tax Preparer bond – California |
| Trustee Bond |
| Supersedeas Bond |
| UDA bond (NO credit check) |
| Unlawful Detainer Assistant bond (California) |
| Utility bond |
| Subdivision bond |
| Vehicle Registration Service bond |
| US Customs Bond |
| Wholesale Auto Dealer bond |
| Wage and Welfare Bond |
Search Surety Bonds by State. – This is the quickest way to learn about bonding specifications and requirements for each state. The website only can help you a little bit…it’s best to reach out to our professional and friendly team of surety bond specialists. We can write all types of insurance bonds. Some are generic, and don’t have an exact name, but if you call us, we’ll figure it out together.
