Surety Bonds for Businesses
Bonds Without the Runaround
A surety bond is a three-party guarantee: the surety company promises the state, a municipality, or a project owner that your business will meet its obligations. If you need one, it's usually blocking something important — a license, a permit, a contract. We make the process fast.
Bonds We Commonly Place
- License and permit bonds — required by state or local agencies for many trades and retailers
- Contract bonds — bid, performance, and payment bonds for construction projects
- Fuel and tobacco tax bonds — common for gas stations and convenience stores
- Notary bonds
- Court and fiduciary bonds
How It Works
- Tell us the bond type, amount, and who's requiring it (the exact wording matters).
- We match you with a surety market — many license bonds are issued same-day or next-day.
- Larger contract bonds may require financials; we'll tell you exactly what's needed up front.
FAQ
You pay a premium that's a percentage of the bond amount — often 1-3% per year for applicants with decent credit. A $10,000 license bond might cost $100-$300 annually. Contract bonds are priced on financial strength.
No. Insurance protects you; a bond protects whoever required it. If the surety pays a claim on your bond, you're expected to repay the surety. That's why staying compliant matters.
Many license and permit bonds: same or next business day. Contract and larger bonds: a few days once we have financials.
Usually yes — through high-risk surety programs at a higher rate. Don't let credit stop you from applying; we'll find the available market.
Yes. Fuel tax, tobacco tax, and lottery-related bonds are routine for our convenience store clients, and we can often pair them with your business insurance program.
Most license bonds renew annually. We track renewal dates so a lapsed bond never jeopardizes your license.
