Surety Bond – Surety Bonds Guide
Posted on February 8, 2020
Surety Bond Types
Applying for a Texas Surety Bond online is as easy as 1-2-3. Select the bond type from the list below, and follow the instructions listed on the bond page that you have selected.
We offer excellent rates on all types of surety bonds from standard preferred rates to high-risk bonds for individuals with poor credit.
If you cannot find the surety bond you are looking for, or if you need help completing a form, please contact our customer service at 1-800-374-9227 or email us at email@example.com
Commercial Bonds – License & Permit Bonds:
Many states, cities, and counties require business owners to acquire license and permit bonds in order to conduct business. Select the bond you need from the list below.
Contract Bonds (Construction Bonds):
A contract bond guarantees faithful performance of a construction contract and payment of all material and labor bills related to that contract. A Performance Bond covers faithful performance only; a Payment Bond guarantees payment of material and labor expenses.
Court bonds are required for court-appointed officials entrusted with managing the property of others; executors of estates and receivers in bankruptcy are frequently required to post fiduciary bonds. Other types of court bonds include appeal bonds, which guarantee that a judgment will be paid if an appeal is lost in a higher court.
These types of bonds are sometimes referred to as fidelity bonds and are insurance bonds taken by a business or employer on designated employees. The bonds provide insurance coverage in the event of employee theft, fraud, or misrepresentation.