What is a Surety Bond?
A surety bond is a contract among at least three parties: the principal, the obligee, and the surety. Through this agreement, the surety agrees to make the obligee whole if the principal defaults in its performance of its promise to the obligee. Our underwriting staff has a variety of tools at their disposal to handle hard-to-place risks.
We represent many of the national market companies for license and permit bonds and other commercial surety obligations. Our processional agents share a commitment to providing responsive and accommodating service. License and permit bonds typically guarantee a corporation or individual will operate in accordance with governmental statutes, regulations, and ordinances. There are many of different types of license and permit bonds guaranteeing various obligations. We write all contract bond types, including bid, performance bonds, DMV bond as well as hard to place construction bond types, such as subdivision bonds.Call now to quote 1-800-397-3748