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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!

2020 Guide to Medicare (DMEPOS) Surety Bonds and State Medicaid Surety Bonds

2020 Guide to Medicare (DMEPOS) Surety Bonds and State Medicaid Surety Bonds

Federal and state governments often require suppliers and other providers who bill Medicare and Medicaid for DMEPOS items.

Everything You Need to Know About Motor Vehicle Dealer Bonds

Vehicle dealers in almost every state need motor vehicle dealer surety bonds to protect...

A Beginner's Guide to Contract Bonds

For many construction and maintenance contractors, contract bonds are required to bid...

4 Bonds Required to Ship Goods

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

Recent Blogs

Why You Need a Durable Medical Equipment Suppliers Bond (and How to Get It)

Why You Need a Durable Medical Equipment Suppliers Bond (and How to Get It)

DMEPOS Medicare providers must enroll with the CMS before they can bill for covered Medicare services

How to Become a Mortgage Broker

How to Become a Mortgage Broker

Becoming a mortgage broker can be a fun and highly fulfilling career.

Insurance Adjusters 101: Key Differences Between the Types of Adjusters

The terms independent adjuster, public adjuster, and private adjuster are explained,...

Understanding Oregon Contractor Bonds

Getting an Oregon contractor's license means navigating the complex multi-tiered system...

Understanding the 3-Party Agreement of Surety Bonds

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

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.

See More FAQ »

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

Everything You Need to Know About Motor Vehicle Dealer Bonds
Everything You Need to Know About Motor Vehicle Dealer Bonds

Motor vehicle dealer surety bonds provide protection for customers, creditors, and governments.

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?

For the Medical Industry

Why You Need a Durable Medical Equipment Suppliers Bond (and How to Get It)
Why You Need a Durable Medical Equipment Suppliers Bond (and How to Get It)

DMEPOS Medicare providers must enroll with the CMS before they can bill for covered Medicare services

2020 Guide to Medicare (DMEPOS) Surety Bonds and State Medicaid Surety Bonds
2020 Guide to Medicare (DMEPOS) Surety Bonds and State Medicaid Surety Bonds

Federal and state governments often require suppliers and other providers who bill Medicare and Medicaid for DMEPOS items.