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Ensures that a contractor completes a project according to the contract terms. If they fail, the surety company compensates the project owner.

Allows a defendant to be released from custody before their trial. The surety company guarantees the defendant's court appearance.

Guarantees that a business will comply with laws and regulations. The surety pays the obligee if the business does not.

Protects a business from losses due to employee dishonesty, such as theft or embezzlement.

Secures a party's commitment to the court's process. It ensures payment of judgment or protection of estate assets.

Ensures land developers make improvements to a subdivision property according to state regulations.

Assures that subcontractors and suppliers are paid by the contractor. Part of the contract bond family.

Guarantees that a project will be completed on time and according to the specifications set forth in the contract.

Provides financial assurance that the bid has been submitted in good faith and the contractor will enter the contract at the price bid.