Surety Bonds 101
- Frequently Asked Questions
- What is a Surety Bond?
- Surety Bond Cost
- Bond Premium Calculator
- Consumer Guide to Surety Bonds E-Book
- What Does "Bonded" Mean?
- How to Get Bonded & Insured
- Types of Surety Bonds
- Buying a Surety Bond
- Top 5 Things You Need to Know About Surety Bonds
- Surety Bond Process
- Choose a Bond Agency
- Choose a Bonding Company
- Surety Bond Rates
- What is an Indemnity Agreement?
- Get a Quote Online
- What is a security bond?
- Surety Bond Claims
- General Questions
- Licensing Guides
- Contractor Bond Guides
- Fidelity Bond Guides
- Surety Tools
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How to Get Your Surety Bond
Surety bond process: how to get started
|Woman||The government told me I need a bond to open my business, but I don't know where to start.|
|JW||Don't worry, most are unfamiliar with surety bonding. Let me tell you what steps to take and provide an overview of the process.|
|Woman||That'd be great!|
|JW||We first need to determine what type of bond you need. You said that it is a bond required by the government to open your business. This tells me that it is not a bond for a specific job or contract, and it's not a bond required by the courts. That means you are in need of a license and permit bond or miscellaneous commercial surety bond. Now that you know that, you can get an instant quote on our website.|
|Woman||Excellent! What is the remaining process after I receive a quote?|
|JW||It's easy. From there, you simply pay online, sign the bonding company's indemnity agreement, and you'll receive your bond.|
|Woman||That sounds pretty straightforward, but can you tell me what an indemnity agreement is?|
|JW||I'm glad you asked. It's important that you realize the bond does not protect you at all and claims can cost you big time!|
|Woman||Are you serious?!?|
|JW||Yes I am, but you'll need to join me on our videos "What Are Surety Bonds?" and "Why You Need To Avoid Claims At All Costs" for more information.|
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