Surety Bond FAQ – Everything You Need To Know
Explore our easy to use surety bond FAQ on this page. Use these FAQs to learn more about the many types of surety bonds available and how bonds work. Get fast answers to your surety and fidelity bond questions. We’ve compiled the questions we most commonly get asked here for you.
Why Get Your Surety Bond from Us?
The short answer: personalized service. As an in-house underwriter, we call on established relationships with many insurance companies to assemble custom policies tailored to your business needs. Some bond providers only work with a handful of insurance companies, so you’re stuck with less selection and bad rates.
Want another reason to choose us? Security. Our family-owned business invests in advanced technology that protects your company information. Enjoy the confidence of knowing you are backed with our multi-tier encryption when you use our site.
What Pricing Features Set Us Apart?
Get fast, professional service without the hidden fees other companies sneak in your bill:
- No application fees
- No credit report fees
- No mandatory overnight fees
- No processing fees
Don’t let dishonest bond companies nickel and dime you. Our honest, upfront pricing includes many services other companies make you pay for.
- The obligee: this is the party that is the recipient of the obligation
- The principal: this is the party who has the responsibility of performing under the contractual obligation of the actual bond form.
- The surety: the surety is the entity that insures the principal will perform the task required by the obligee.