SURETY BONDS FOR SMALL AND MEDIUM SIZED BUSINESSES

Let’s get you the right Surety Bond

SURETY BONDS FOR SMALL AND MEDIUM SIZED BUSINESSES

Let’s get you the right Surety Bond

  • Quickly compare multiple, personalized quotes at once
  • Buy online or speak to an advisor before you decide
  • Starting at just $21/mo
Start your free Surety Bond insurance quote

Secure a Surety Bond in three easy steps:

Answer a few simple questions

Tell us a little about your business and we’ll show you the bonds that cover your needs!

Compare your options online

Pick the bond that fits your business and budget.

Coverage begins within 24 hours

Buy online and quickly get the coverage your need!

Why do I need a Surety Bond?

A Surety Bond ensures that contractual obligations are fulfilled

A surety bond is an insurance tool that is used to limit risk and financial loss. It guarantees that a party fulfills its contractual expectations in a timely manner while adhering to state laws and industry regulations.

Types of bonds we provide:

Business Service Bond (BSB)

Protects your customers from acts of theft, larceny, or fraud committed committed by your employees.

Contractor License Bond

Used to guarantee the performance of a construction contractor.

How does a Surety Bond Work?

Three parties are involved:

The Principal
Party of primary responsibility on a surety bond who has duty to perform for obligee’s benefit.
The Obligee
The party to whom the bond is given and who’s protected against loss.
The Surety
The issuer of the surety bond guaranteeing the Principal will complete job.

Example:
A government agency (Obligee) hires your construction company (principal) to build an office building. Your company is required by the Obligee to secure a Contractor License Bond from the Surtey guaranteeing that you will fulfill the terms of the contract.

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Insurance tailored to your business

From start-up to well-established, all businesses need additional coverages to secure their operation.

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What is CyberPolicy?

CyberPolicy is the only place where you can compare business insurance quotes AND buy multiple insurance policies online. You get fast, accurate, and actionable quotes based on your specific needs with competitive rates and coverages.

Plus, your business insurance quotes are backed by the most trusted insurance carriers in the industry:

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