Date Published: October 24, 2023
While many insurance agents claim to provide surety services, there are many benefits to working with an agency that only provides surety bonds. There are several benefits of working with a surety bond only agency:
- Expertise: Surety bond only agencies specialize in surety bonds, so they have a deep understanding of the different types of bonds available, the requirements for obtaining a bond, and the best way to get the most competitive rates.
- Convenience: Surety bond only agencies can handle the entire bonding process for you, from underwriting to issuance. This can save you a lot of time and hassle.
- Relationships: Surety bond only agencies have strong relationships with a variety of surety companies. This gives them access to a wide range of bonding markets, which increases your chances of getting approved for a bond and getting a competitive rate.
- Advocacy: Surety bond only agencies can advocate on your behalf if you have any problems with your bond.
Here is a more detailed comparison of working with a surety bond only agency versus working with an insurance agent that offers surety bonds:
Factor | Surety bond only agency | Insurance agent | |
Expertise | Specializes in surety bonds | May have limited knowledge of surety bonds | |
Convenience | Can handle the entire bonding process for you | May not be able to handle the entire bonding process | |
Relationships | Strong relationships with a variety of surety companies | May not have strong relationships with surety companies | |
Advocacy | Can advocate on your behalf if you have any problems with your bond | May not be able to advocate on your behalf as effectively |
Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, As a specialized agency that only provides surety bonds, Surety1.com is the premier online provider of surety bonds nationwide since 2003. Click here to get started.
About the Author
John Page started his career in the surety bond industry in 1987.
He is a former Vice President of a top 10, national surety company and the founder and former president of Surety1.
Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.