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Types of Surety Bonds

Types of Surety Bonds

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

Actors bond
Adjuster bond
Appraiser bond
Auction bond
Auctioneers bond
Auto Dealer bond
Auto Manufacturer 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
DME 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
Games of Chance bond
Immigration Assistant NY bond
Immigration Consultant Bond
Insurance Adjuster bond
Insurance Agent bond
Insurance Producer 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 Lender bond
Mortgage Broker Surety bond
Motorcycle Dealer bond
Notary Public bond
Performance & Payment Bond
Paving Bond
Payment Bond
Pension bond
Performance bond
Permit (Misc) bond
Pet Sitting Fidelity bond
Pharmaceutical bond
Photocopiers CA bond
Plumbing Contractor bond
Postal Contract Station 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
Transportation Broker bond
UDA bond (NO credit check)
Unlawful Detainer Assistant bond  (California)
Utility bond
Supply Contract Bond
Subdivision bond
Utility Deposit Surety Bond
Vehicle Registration Service bond
US Customs Bond
Wholesale Auto Dealer bond
Wage and Welfare Bond
Types of surety bonds
Types of Insurance Bonds

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.

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Bonds by State