Featured Surety Bond Articles
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!
Surety Law: The Legal Concepts Behind Surety Bonds
Without a firm understanding of the foundational concepts of surety bonds, a business's legal obligations may not always be clear
2020 Guide to Medicare (DMEPOS) Surety Bonds and State Medicaid Surety Bonds
Learn about how medical equipment providers can get their required 2020 DMEPOS surety...
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...
Recent Blogs
What Is a Tax Preparer Bond?
Tax preparer surety bonds are required in some states for tax preparers who aren't CPAs or EAs. Find out more about these surety bonds and how to get one easily and affordably.
7 Of The Most Common Surety Bonds in Washington State
For many types of businesses in Washington State, a surety bond is a requirement to get licensed.
The Most Common Surety Bonds in Florida
Florida law requires applicants for Florida contractor licenses and other professional...
How to Get a Medical Marijuana Business License in California
To get a California medical marijuana distribution license, you'll need California...
Why You Need a Durable Medical Equipment Suppliers Bond (and How to Get It)
Planning to enroll as a DMEPOS Medicare provider? You'll need a DMEPOS Medicare surety...
FAQ
A fidelity bond protects an employer from losses due to employee-dishonesty, or fraudulent acts, such as theft of monies or securities.
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.
For Freight Brokers
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?
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
Great rates on freight broker bonds aren’t the only way for brokers to reduce their costs.
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
Bonds and insurance are an essential part of getting your contractor business up and running.
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
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
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
Motor vehicle dealer surety bonds provide protection for customers, creditors, and governments.
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
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
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)
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
Federal and state governments often require suppliers and other providers who bill Medicare and Medicaid for DMEPOS items.