Surety Bonds

Surety BondsA Surety Bond is a three-party agreement whereby the surety guarantees to the obligee (the project owner) that the principal (the contractor) is capable of performing the contract in accordance with the contract documents. Performance of the contract, which is the subject of the bond, determines the rights and obligations of the surety and the obligee.

Here are the eight different families of surety bonds:

  1. Fidelity Bonds
  2. Public Official Bonds
  3. Judicial Bonds
  4. Fiduciary Bonds
  5. License and Permit Bonds
  6. Contract Bonds (Bid and Performance Bonds)
  7. Miscellaneous and Federal Bonds
  8. Notary Bonds
Capital Insurance Services Inc. offers free, comparative quotes on surety bonds from multiple insurance carriers to provide you with a competitive rate.

Want to see how much we can save you? Just request a quote to find out.

October 22nd, 2015 by Capital Insurance Services Inc.