Bonds & Surety Services

A surety bond is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal’s failure to meet the obligation.

Different surety needs are met by different classes of surety bonds, and we have the resources to pair you with the one you need. Our team at Absolute Insurance Agency has experience servicing businesses and contractors big and small for all of their surety bonding needs.

Our Surety Bond Offerings Include:

 

  • Construction
  • License & Permit
  • Fidelity
  • Fiduciary
  • Financial Institution
  • Judicial
  • Public Official
  • Notary
  • And more…

Did You Know?

Surety bond providers, known as sureties, evaluate the financial strength and reliability of bonded parties before issuing bonds.

Did You Know?

Surety bonds often serve as a prerequisite for bidding on contracts, demonstrating a contractor’s credibility and ability to complete a project.

Did You Know?

Surety companies may offer specialized bond types, such as fidelity bonds that protect against employee dishonesty or fiduciary bonds for estate executors.

Did You Know?

Absolute Insurance Agency is your Absolute Solution for Bonds & Surety Services.

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