Bonding Company vs. Bonding Agency
Terminology in the surety bonding industry can be confusing. A surety company (bonding company) is sometimes confused with a bonding agency, below is a description of both.
Bonding Company
Also called the surety, a bonding company is the company taking the risk of the bond. Sureties will not work with you directly, only surety bond agents from a licensed surety bond agency.
Bonding Agency
A bonding agency is the company you will obtain your bonds through. Any good agency will have numerous surety companies to apply you to so they can obtain the best rate. At JW Bond Consultants, Inc. we work with over 15 bonding companies at any one time so we can serve every clients specific needs.
