It is very important that you choose the appropriate bond category when applying for a bond. Each bond category has a different process. Choosing the wrong category will require you to complete another application.
There are five different surety bond categories: Commercial, Contract, & Court. Each category is underwritten differently and as such, requires different questions of you, the applicant.
Each of the categories have a list of specific bond types that fall under them. For instance, the most common bond types for commercial bonds are license & permit bonds, while bid & performance bonds are the most common contract bond types.
You can see a list of the most popular bond types under each respective category by clicking the appropirate link above. Not all bond types are listed under the commercial bond category, as there is a seamingly endless amount of bond requirements for commercial bonds.
Please contact us if you are unsure what category your bond requirement falls under, or if you have any other questions relating to bonds. Our Agents are alway ready and able to help you with your bonding needs.