Common Surety Bonds:
Other Options for You:
100% Secure
Great Prices
Fast & Easy
Happy Customers
A+ company to do business with. No hassle and they didn't try to over charge like another big name bond company that is all over the internet. I will definitely be dealing with this company from here on.
Zachary Creel
I was extremely pleased with not only the rate I received but the excellent communication. I appreciated receiving a follow up phone call to humanize the experience rather than being bombarded with emails.
Angela Arnold
Shouldn't you get more from your surety bond provider?
Learn More About Surety Bonds »
A surety bond (pronounced "shur-i-tee bond") can be defined in its simplest form as a written agreement to guarantee compliance, payment, or performance of an act. Surety is a unique type of insurance because it involves a three-party agreement. The three parties in a surety agreement are:
The principal is an individual, business or other party that purchases the surety bond and agrees to undertake a compliance, payment or performance obligation as promised pursuant to the terms of the surety bond form or agreement.
The surety is the insurance company or surety company that guarantees the obligation will be performed. If the principal fails to perform the act as promised, the surety is contractually liable for losses sustained.
The obligee (pronounced ob-li-jee) is the party who requires and often times receives the benefit of the surety bond. For most surety bonds, the obligee is a local, state or federal government organization.
From cars to toys to industrial chemicals to food, the goods that consumers rely on every day often arrive via ocean freight shipping.
See why Investopedia selected Surety Bonds Direct as the best overall surety bond company in 2021.
What does an ocean freight forwarder do, and how does a business become licensed as an ocean freight forwarder? Find out the answers.
What’s the deal with auction access? What are the qualifications? We break down the requirements for access as a dealer or private buyer.