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Generally required by a municipality or other public entity as a condition to granting a license or permit to engage in a specified activity or as a matter of financial obligation as part of doing business. This bond type guarantees the bonded party will comply with the underlying applicable laws, regulations and/or financial obligation.
License and Permit Bonds: The most common types of bonds. Almost every business which needs a license or permit to do business requires a bond to guarantee the owners honesty, integrity, performance and payment. In most cases, license and permit bonds are requested by a municipality, state or the Federal Government.
Miscellaneous Bonds: General (non contracted) business bonds that are required by a government agency or private group that is not in regards to a license or permit is referred to as Miscellaneous. A couple examples of miscellaneous bonds are utility guarantees, tax bonds or wage and welfare bonds.
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The Surety Place, previously known as Surety Placement Services, was founded in 2002 with a goal to bring innovation and a high level of service the industry had not yet seen. As an industry leader from the start, we are a people first surety bond partner that you can trust, offering access to agents and businesses to achieve the right solution at the right time.
We differ from other surety agencies because we establish a relationship with you in order to truly understand your business focus whether large or small, complicated or simple. As one of the only true specialists within the industry, we supply access, partnerships and specialty programs with numerous “A” rated sureties across the nation. We are here to help you service all your bonding needs with no appointments or contracts necessary.
Because of our industry knowledge and expertise coupled with our ever-increasing specialty programs, we have the unique ability to write your bonds when no one else can, and because of our relationship with you, we will stand behind you in support to achieve your agency or business objectives. Obtaining your commercial bond gets easier when you choose The Surety Place as your bonding solutions agency.
Our dedicated account managers are highly trained underwriters who provide our agents and clients a tailored bonding solution for their individual or corporate needs. In today’s marketplace, surety access can be limited; but with Surety Place as your partner, you’ll find the white-glove service you have been looking for.
We understand business. We also understand how difficult it can be when something that seems like such a small piece of the puzzle gets in the way of closing the deal or moving forward. We take that pressure off your mind so YOU can get back to work.
At The Surety Place, we pride ourselves in our customer service! If you have any questions regarding a bond placement, give us a call.