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Surety Bonds

A Surety Bond is a three-party agreement whereby the surety guarantees to the oblige (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.

The eight different types of surety bonds include:

  • Contract Bonds (Bid and Performance Bonds)
  • Fidelity Bonds
  • Fiduciary Bonds
  • Judicial Bonds
  • License and Permit Bonds
  • Miscellaneous and Federal Bonds
  • Notary Bonds
  • Public Official Bonds
Contact us for more information, or request API’s free, no-obligation comparative quote from multiple insurance carriers to get the best possible rate.