Surety Bond Information Center
Learn the basics with an easy-to-read overview of surety. You'll be an expert in no time!
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How Much do Surety Bonds Cost?
Several factors for into the cost of a bond. The price is generally set as a percentage of the bond amount. The cost can vary based on the specific applicant.
Quickly get the right bond for you at the right price with these 3 steps.
How to Choose a Surety Bond Company
Specialized surety agencies can offer you the most options and save you money because they work with more surety companies (insurance companies).
Surety is Different than Insurance
Surety works differently than almost all other insurance products. Be an informed consumer and learn the differences.
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.
