Why did my surety send me a surety bond cancellation notice?

You may have received a cancellation notice from your surety regarding your current bond.

This could happen due to factors not relating to you, such as when a surety is no longer offering the surety bond product you have. As a result the surety will send cancellation notices to their surety bond holders.

Sometimes the cancellation may be due to changes to your credit.

Either way, there is no need to panic. You are still covered by your surety bond until the end of its current term or the date cited within the cancellation notice.  Notices generally require at least 30 day notice to the principal (you) and the obligee (the entity requiring the bond).

Are You a Surety Bonds Direct Customer?

If you're an existing Surety Bonds Direct customer and the bond isn't going to expire for more 60 days or more, no action is needed yet.

We will send you pricing with a different surety about 45 days prior to the expiration date of your current bond.

Are You NOT a Surety Bonds Direct Customer?

If you're not an existing Surety Bonds Direct customer, you'll need to replace your surety bond with a new bond before your current bond expires.

If your expiration date is approaching, we can help you find a new bond and ensure you pay as little as possible.

What Does Surety Bonds Direct Do?

We are a specialized surety agency that works with the highest A rated sureties to find our customers the lowest possible price.

We also help our customers manage their bond so if situations like this arise, we can make any transitions as easy as possible.

Let's get your bond replaced. Click the button below and fill out our online quote form so we can get you pricing.

You're under no obligation to purchase when we get you pricing, so you have nothing to lose.

If you prefer, you can call a bond specialist at 1-800-608-9950.

What is the Bond Replacement Process?

Replacing your bond is a straightforward process.

Again, if you're a current Surety Bonds Direct customer, you don't need to do anything.

We will find you a new, low, price and about 45 days prior to your bond's expiration date we'll send you the new bond to purchase.

If you're not a Surety Bonds Direct customer, follow these steps.

Step 1: Tell Us About Your Bond

There are thousands of different types of surety bonds so we need to know about yours.

Using our online quote request form you can tell us about the exact bond you require and if you don't remember, or you're unsure, tell us about what you do.

We will help narrow down the bond you need.

Remember, you can call a bond specialist to help as well. This might be a better option if you don't remember the type of bond you need.

Step 2: Get Your Pricing

Typically surety bonds require a credit check to secure pricing.

However because we work with A rated sureties, we can secure you low fixed prices with no credit check in many instances.

Some surety bonds require a credit check no matter what (don't worry, it's a soft credit pull that will not affect your score).

In this case it typically takes about one business day for us to price shop for you and find the lowest price.

Step 3: Purchase Your New Bond

Once you agree to your price, you can purchase your bond.

It's as easy as completing an online checkout form.

After your payment is complete, we will prepare your bond with the:

• Correct bond form
• Required signatures and seals
• And power of attorney

This process takes less than one business day at which point we can:

• Email you the bond if we're allowed to
• Mail you the bond if that's required

The entity requiring your bond determines if we can email or mail it. If you don't know, don't worry, we have notes on these requirements in most circumstances.

Depending on your bond, you will likely have to submit it with the entity requiring the bond.

In some cases we can file it for you.

Step 4: Let Us Manage Your Bond

The entire bonding process only takes about 1 to 2 business days.

Once your bond is filed, you're done.

We'll manage your bond from here. As your next expiration date approaches, your bond specialist will reach out to make sure the renewal process is easy.

And if a surety company ever decides to stop offering a bond, we will make sure your transition is fast, easy, and ensure you pay as little as possible.

Click below and let us get your pricing for your new bond.

Once you have your pricing you can decide if we are the right surety agency for you.