Business Service Bond – Apply Now

The U.S. service sector is a growing industry and has expanded over the last decade.  A service industry includes any form of outsourcing, such as human resources, IT, leadership development, home cleaning services, in home personal care, etc.  If a company outsources, it is important that they protect themselves from any form of negligence or fraud. […]

Read More

Four Myths about Surety Bonds

In the contracting world, there are some myths about surety bonds.  Do you really need one or is it just an added protection, for a costly price?  This leaves the contractor with a decision to make: avoid the project or work without a surety bond.   Below we dispel some of these myths: The first […]

Read More

What kinds of surety bonds are there?

Surety bonds are a financial guarantee between three parties in a legally binding contract. These three parties are the obligee, the principal, and the surety. In essence, the surety guarantees payment of a specified maximum sum or compensation in case the obligee incurs any damages or loss caused by the actions (or a failure to […]

Read More

The Benefits of Insurance Agent and Surety Bond Producer Relationships

When it comes to surety bonds, insurance agents can encounter several hurdles.  These can range from problems obtaining bonds, slow service or uncompetitive rates.  In order to remedy this, insurance agents have two options.  They can outsource their bonding business to another insurance company, with a sub-specialty in surety bonds, or develop a relationship with a surety bond […]

Read More

How Much Does A Surety Bond Cost?

The surety bond process can be overwhelming and confusing for newcomers. That’s why it’s important to have someone in your corner with knowledge and expertise about surety bonds. At Surety Bond Professionals, our expert agents are here to help. Many people have asked us, “How much does a surety bond cost? And what factors are […]

Read More