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!
Licensed, Bonded and Insured: Understanding the Differences
What does “licensed, bonded and insured” mean? We explain the differences between these three terms and why all three are important for construction contractors.
Surety Bond Companies & What They Do
How Do You Choose a Surety Bond Company? Choosing a specialized surety agency...
A Beginner's Guide to Contract Bonds
For many construction and maintenance contractors, contract bonds are...
How to Get a Car Dealer's License in Texas
Find out how to get a dealer’s license in Texas and start selling...
Recent Blogs
New Mexico Contractor License Steps
Here are the steps to get your New Mexico contractor license with descriptions of each step so you get all your questions answered. Read more now!
Surety Bonds Direct Makes Inc. Magazine’s Fastest Growing Companies List, Again
Surety Bonds Direct makes Inc. Magazines list of 5,000 fastest growing companies for the second year in a row ranking 38th among insurance companies.
Getting Your Utah Contractor License
Getting your Utah contractor license is not complicated. Let's look at the...
The Washington DC Contractor Licensing Process For Home Improvement And Trade Licenses
Learn how to get your contractor license in Washington DC, the District of...
Maryland Home Improvement License Process Explained
There might be some steps to getting your Maryland Home Improvement license...
Recent Videos
Michigan Contractor Bonds
Idaho Contractor Bonds
Florida Contractor Bonds
Florida has a lot of county and city level contractor bonds. Learn about...
Maryland Home Improvement Contractor Bond
Learn about the Maryland Home Improvement contractor bond. What is the bond?...
Georgia Mortgage Broker Bond And Mortgage Lender Bond
Georgia required mortgage brokers and lenders to purchase a mortgage broker...
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.