WHAT EXACTLY IS A BOND?
A bond in layman’s terms is a way to secure a debt.
It is a way of you the consumer, being able to put up a little cost upfront that says “I am letting you borrow this money so as to your agreement to pay the face value of said bond if ever needed”. In the real world, bonds can be issued by a government, municipality, corporation, federal agency, and other entities.
Types of Bonds
How To Purchase Bonds:
Our job as an independent insurance provider is to help you navigate a cumbersome system in finding the best fit for your bond requirements. Just take 5 minutes to fill out our bond approval form.
- Step 1: Search for your bond.
- Step 2: Select the state or project you need the bond for.
- Step 3: Fill out your business information.
- Step 4: Your bond is approved, simply pay online and print your bond.