Surety and Fidelity Bonds
There are basically two types of bonds: Surety Bonds and Fidelity Bonds. Porter-Brandenburg Agency will work with you to obtain the bond that you need. Just give us a call. There are literally hundreds of different kinds of bonds ranging from construction bonds to license and permit bonds. The most common types of bonds that we write are listed below.
Surety Bonds
Construction bonds include bid bonds, performance and payment bonds, maintenance and supply bonds. Applying for construction related bonds is very similar to applying for a bank line of credit. This means that you not only will have to have the business experience and the ability to do the job but also have the financial resources to weather unpredictable occurrences. Owners and officers of a construction company will have to provide financial statements and other documents to the bond underwriters. Some bond companies have developed a quick approval process bonds for jobs less than $200,000 that is strictly based upon credit.
Other Bonds including License and Permit Bonds
- Automobile Dealers Bond or Motor Vehicle Dealer Bonds
- Patient Trust Bond
- Business Services Bond
- Janitorial Services Bond
- Public Official bond
- Lost instrument bond
- Pharmaceutical bond
- Certificate of title bond
- Probate bond
- Notary public bond
- ERISA Bond including pension bond and 401K bond
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