Surety Bonds

Surety bonds are three party contracts in which insurance companies provide payouts in guaranteed amounts should the insured not fulfill its obligations to the contract’s third party.

The three types of surety bonds are:

1. Contract bonds

  • Bid Bonds
  • Performance Bonds
  • Labor and Materials Bonds

2. Court bonds

3. License and Permit Bonds (lottery bonds are an example)

Our agents are available to discuss your needs.