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Surety Bond Information Center


Featured Surety Bond Articles

What is a Surety Bond?

What is a Surety Bond?

Learn the surety bond basics with an easy-to-read overview of surety. You'll be an expert in no time!

A Beginner's Guide to Contract Bonds

A Beginner's Guide to Contract Bonds

Various types of contract bonds are required for construction and maintenance contracts, especially for government work.

4 Bonds Required to Ship Goods

For many freight carriers, obtaining the right surety bond is required to get the...

8 Ways to Lower Your Surety Bond Cost

Many business owners struggle with the cost of getting a surety bond, especially if...

15 Things to Know Before You Buy Surety Bonds

Learn everything there is to know about surety bonds before you go through the process...

Recent Blogs

Understanding the 3-Party Agreement of Surety Bonds

Understanding the 3-Party Agreement of Surety Bonds

Sureties, obligees, principals... what do all of these surety bond terms mean?

Does my startup business need a surety bond?

Does my startup business need a surety bond?

Running a startup comes with a lot of risk. Demonstrate trustworthiness to customers and authorities.

9 Things to Know When Buying Your Surety Bond Online

Buying a surety bond online is a surprisingly quick and easy process when you work with...

How to Get a Florida Contractor's License

Getting a Florida contractor's license involves a great deal of paperwork and showing...

Finding an Honest Used Car Dealer

What does it take to find an honest used car dealer that you can trust to sell you a...

FAQ

What is a fidelity bond?

A fidelity bond protects an employer from losses due to employee-dishonesty, or fraudulent acts, such as theft of monies or securities.

What is personal indemnity?

Indemnity is an agreement to provide financial reimbursement to another party in order to offset a loss or damage incurred. Surety companies require the indemnity of the owners of closely held businesses as part of the surety bond application. This ensures that the surety can access personal assets if required for reimbursement in the event of a loss.

Who prepares my surety bond form?

Surety Bonds Direct will prepare the required surety bond form on your behalf. The information required on the form will be pre-populated by our systems. In most cases, you will simply need to sign the bond form.

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For Freight Brokers

How to Become a Freight Broker
How to Become a Freight Broker

With a booming consumer-driven economy and an eCommerce landscape that’s growing at lightning speed with no signs of slowing anytime soon, there’s enormous demand for all things transport in 2019.

What's the Difference Between a BMC-84 and BMC-85 Freight Broker Bond?
What's the Difference Between a BMC-84 and BMC-85 Freight Broker Bond?

Quickly get your head around the differences between the FMCSA requirements to get your freight broker license.

8 Ways Freight Broker Software Can Reduce Company Costs
8 Ways Freight Broker Software Can Reduce Company Costs

Great rates on freight broker bonds aren’t the only way for brokers to reduce their costs.

4 Bonds Required to Ship Goods
4 Bonds Required to Ship Goods

Review 4 bonds for different types of freight, including what they are, how much you can expect to pay for them, and some of the other licensing processes.

For Contractors

Why Every Construction Business Needs These 8 Essential Bonds and Insurance
Why Every Construction Business Needs These 8 Essential Bonds and Insurance

Bonds and insurance are an essential part of getting your contractor business up and running.

Steps on Getting a California Contractor's License
Steps on Getting a California Contractor's License

Become a licensed contractor in the state of California with the help of Surety Bonds Direct. Read this guide for step-by-step info on how to go about getting licensed the right way!

What's the Difference? A General Contractor vs. A Construction Manager
What's the Difference? A General Contractor vs. A Construction Manager

General contractors and construction managers might seem to have similar jobs—but actually how similar are they?

California Contractor Bond vs. California Contractor's License
California Contractor Bond vs. California Contractor's License

Each is important in its own way, and each is a step on the path to becoming a licensed California contractor

For Auto Dealers

How to Get a Motor Vehicle Dealer's License
How to Get a Motor Vehicle Dealer's License

Thinking about opening your own car dealership? Learn about how to navigate the process, get your bond, and get your license.

How to Get a Car Dealer's License Without a Lot
How to Get a Car Dealer's License Without a Lot

If you're just starting out in the car business a dealership without a lot might be an option for you.

Finding an Honest Used Car Dealer
Finding an Honest Used Car Dealer

What does it take to find an honest used car dealer that you can trust to sell you a great vehicle?

How Do Motor Vehicle Dealer Bonds Work?
How Do Motor Vehicle Dealer Bonds Work?

Motor vehicle dealers and related businesses are subject to surety bonding requirements in nearly every state. These bonds are also known as auto dealer bonds, car dealer bonds, and MVD bonds.