Surety Bonds in 60 Seconds
Surety Bonds. Build Trust. Meet Requirements. Protect Your Business.
A surety bond is more than just a requirement—it’s a guarantee of trust and reliability. Whether you’re a contractor bidding on a project, a business applying for a license, or a company working with government contracts, surety bonds show that you stand behind your promises.
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Find out how cheap peace of mind can be.
What is a Surety Bond?
A surety bond is a three-party agreement that ensures obligations will be met:
Principal (You): The business or individual required to purchase the bond.
Obligee: The organization or client requiring the bond (such as a government agency or project owner).
Surety Company: The insurer that guarantees your performance and financial responsibility.
If obligations are not met, the surety company steps in to protect the obligee. This means surety bonds don’t just safeguard others they also demonstrate your business’s credibility and professionalism.
Why Do You Need a Surety Bond?
To comply with state, local, or federal licensing requirements.
To qualify for and bid on construction or service contracts.
To build trust with clients, partners, and government agencies.
To protect against financial loss due to non-performance.
Common Types of Surety Bonds
License & Permit Bonds. Required for many businesses (contractors, auto dealers, mortgage brokers, etc.) to operate legally.
Performance Bonds. Guarantee that a contractor will complete a project as agreed.
City, State, Federal Government Bonds. For licensing and/or contracting with government agencies.
Payment Bonds. Ensure subcontractors, suppliers, and laborers are paid on time.
Contract Bonds. Used in construction projects to guarantee performance and payment obligations.
Trusted Insurance Solutions Since 1987
At SCDS Insurance Services (www.TrustBridgeInsurance.com), we’ve been protecting families and businesses across Arizona, Texas, and California for over 35 years. We offer a full range of insurance solutions, including:
Auto Insurance & Home Insurance
Business & Commercial Insurance
Trucking Insurance & Transportation Coverage
Workers’ Compensation & General Liability
Surety Bonds & Specialty Insurance
Our experienced team partners with top-rated carriers to deliver affordable, customized coverage tailored to your unique needs. Whether you need reliable personal insurance or comprehensive business protection, we’re here to give you peace of mind and savings you can trust.
