• Commercial Bonds

    Commercial Bond Types:

    ARC Bond - ARC Bonds are a requirement of the Airline Reporting Commission

    Auto Dealer Bond - Required by the state to operate as a Auto Dealer

    Broker Bond - The term "Broker Bond" is a blanket term used to describe a variety of broker bonds.

    Cigarette Tax Bond -Guarantees payment of taxes by a cigarette distributor.

    Collection Agency Bond - Collection Agency Bonds offer a guarantee for state required licenses. The guarantee can change according to the particular state's rules and regulations that govern the operation of the collection agency.

    Contractor License Bond - Some states, as well as local governments may require a bond for a contractor to legally operate in a particular location. This is a common license and permit bond.

    Customs Bond (United States) - Required by U.S. Customs for importers who import over $2,000 of goods.

    DMEPOS Bond, Medicare Bond, DME Bond - A wide variety of bonds for medicare related gaurentees.

    ERISA Bonds - The Employee Retirement Income Security Act (ERISA) was enacted in 1974 to regulate employee benefit plans, such as a 401k

    Fidelity Bonds - provides insurance against losses incurred on account of harmful acts by certain individuals. 

    Freight Broker Bond (BMC-84) - A Federally required bond for freight brokers that guarantees the delivery of brokered goods.

    Fuel Tax Bond - A guarantee of the payment of taxes on fuel sold.

    Health Club Bond - Required by the state for a health clubs to take payment up front from it's members.

    Home Dealer Bond - A license bond that guarantees the performance of home dealers for mobile or manufacured homes.

    Insurance Broker Bond - The Department if Insurance, in some states, requires a license bond that guarantees an insurance broker will operate according to the state's requirments and laws.

    ICC Bond - The ICC is the old regulating body for freight brokers. The bond is simply referred to as a freight broker bond or BMC-84 now.

    License & Permit Bonds - There are thousands of different license & permit bonds rquired by various govermnet entities throughout the country. Click here to learn more about License and Permit Bonds

    Liquor Tax Bond - A guarantee that the seller of alcoholic beverages will paid the sales taxes collected to the government entity requiring the bond.

    Lottery and Lotto Bond - A bond required to operate a State Lottery Machine.

    Miscellaneous Bond (not listed) - Miscellaneous Bond is a blanket term that encompasses many (thousands) commercial, non-contract bonds.

    Money Transmitter Bond - Many state governments require money transmitters to obtain a bond to guarantee they will operate in accordance with the terms of their license.

    Mortgage Broker Bond - Required by the state to ensure the mortgage broker will operate according to his license requirements.

    Mortgage Lender Bond - Mortgage Lender Bonds guarantee that the bank will obey the laws, terms, and conditions of the state that they operate in.

    Notary Bond - This bond helps to protect the public from the notary's action or inaction through an agreement to pay the obligee in an amount up to the bond coverage amount in the event of a harmful act by the notary.

    Patient Trust Bond - Guarantees the managing entity will not mismanage patients' funds placed within the trust.

    Payday Loan Bond - A license bond to assure that the loan company will operate within the rules and regulations set forth by the governing state.

    Permit Bonds - There are literally thousands of Permit Bonds required by various govermnet entities. This is a commercial bond sub-category.

    Preneed Funeral Bond - A bond to help to protect the funeral home clients from funeral homes that do not live up to their agreements for funerals or burials.

    Sales Tax Bond - A commercial bond that offers a guarantee of a company's or business's payment of sales tax to the government.

    Seller of Travel Bond - Required of sellers of travel to guarantee collected funds are forwarded to the appropriate parties.

    Surplus Lines Broker Bond - A bond required by several states for any insurance agent that offersa surplus lines brokerage service.

    Supply Bond - Required by the project owner, state or federal law to secure payments to suppliers.

    Telemarketing Bond - A state may require Telemarketing Bonds to be filed for a phone solicitor license.

    Title Agency Bond - A license bond required for title agents in some states.

    Used Car Dealer Bond - A used car dealer bond is the same as a regular auto dealer bond. Auto Dealer Surety Bonds are sometimes referred to a DMV Bond, or a MVD Bond.

    Utility Bond - A financial guarantee bond to ensure payment of utility bills in a prompt manner.

    Wage and Welfare Bond - Also known as union bonds. Wage & Welfare bonds are required by local unions to guarantee its union dues from its union members. It is a financial guarantee bond.