Surety BondsA surety bond or surety is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation.
A surety bond is defined as a contract among at least three parties:
Types of Bonds that we write: Performance Bonds Payment Bonds Bid Bonds Title Bonds Notary Bonds Contract Bonds Court Bonds Federal Bonds License and Permit Bonds Probate Bonds Janitorial Bonds Dishonesty Bonds ERISA Bonds Mortgage Broker Bonds Fidelity Bonds |