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Bonding New Jersey Since 2003
Surety1.com has been providing surety bonds for the garden state since 2003. Surety bonds may be required for professional licensing or contract work in the state. We can help you apply and get the best price for your surety bond. We can even work with lower credit scores in most cases. Choose your bond below for a full description and to start an application. We offer easy to use and secure online applications, fast service and surety bond professionals that are ready to help.
If your license or profession has no surety bond requirement attached to it but one still wants to “be bonded”, Surety1.com offers a Business Service Bond at a very affordable price.
What are surety bonds?
Surety bonds are a form of insurance that guarantees that certain obligations will be met. In the context of New Jersey businesses, surety bonds are often required by the state in order to obtain certain licenses or permits. For example, New Jersey contractors are required to have a surety bond in order to be licensed by the state.
See our “What is a Surety Bond” Video.
What are the different types of surety bonds in New Jersey?
There are many different types of surety bonds in New Jersey. Some of the most common types include:
- Contract bonds: These bonds guarantee that a contractor will complete a project according to the terms of their contract.
- License and permit bonds: These bonds guarantee that a business will comply with all applicable laws and regulations.
- Fidelity bonds: These bonds protect businesses from financial losses due to employee theft or fraud. Most Common is the ERISA Bond.
- Fiduciary Court Bonds: Probate and other surety bonds required by a court.
- Civil Court Bonds: Appeal Bonds and pother non-fiduciary bonds required by a court.
How can I get a surety bond in New Jersey?
To obtain a surety bond in New Jersey, you must first contact a surety bond broker, like Surety1.com. Surety companies are licensed by the state to issue bonds. Once you have contacted a surety company, they will review your application and determine your bond rate. The bond rate is the percentage of the bond amount that you will pay as a premium.
Once you have been approved for a bond, you will need to pay the premium and sign a bond agreement. The bond agreement is a contract between you, the surety company, and the obligee (the person or organization that is requiring the bond).
Why use a surety bond only agency like Surety1?
Contact us today to get a free surety bond quote in New Jersey. We are a licensed and bonded surety bond broker in New Jersey. We can help you find the best surety bond for your needs and get you the best possible rates and terms. Call us today at 1-877-654-2327 or email firstname.lastname@example.org.
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, Surety1.com is the premier online provider of surety bonds nationwide since 2003.