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    Business & Commercial Surety Bonds

    Surety Bonds for Your Business

    Dealer bonds, license and permit bonds, contract bonds, fidelity bonds and more — with an agent to help you through the process.

    Whether a government agency, licensing authority, customer, lender, or contract requires your business to obtain a bond, TrueGuard Insurance can help identify the requirement and access the appropriate surety market.

    Many common commercial bonds can be quoted and issued quickly, subject to underwriting.

    Bond Categories

    TrueGuard can help your business access a wide variety of commercial surety bonds. Here are the most common categories.

    License & Permit Bonds

    For businesses and professionals required to maintain a surety bond as a condition of licensing or permitting.

    • Motor vehicle dealer bonds
    • Contractor license bonds
    • Permit bonds
    • Professional license bonds
    • Mortgage-related bonds
    • Transportation-related bonds
    • Other state and local license bonds

    Contract Bonds

    For contractors and businesses required to provide financial guarantees related to contractual obligations.

    • Bid bonds
    • Performance bonds
    • Payment bonds
    • Maintenance bonds
    • Subdivision bonds

    Commercial Bonds

    For businesses that must satisfy regulatory, financial, contractual, or other commercial requirements. Requirements vary significantly by industry and obligee.

    Fidelity Bonds

    Bonding solutions designed for certain employee dishonesty, fiduciary, business service, or other fidelity-related exposures and requirements. Eligibility and coverage vary.

    • ERISA bonds
    • Business service bonds
    • Employee dishonesty-related bonds
    Featured Program

    North Carolina Motor Vehicle Dealer Bonds

    Need the $50,000 surety bond required for your North Carolina motor vehicle dealer license? TrueGuard can help dealers work through the application and bonding process.

    Used Motor Vehicle Dealer

    $50,000

    Bond for the primary dealership location, when applicable.

    New Motor Vehicle Dealer

    $50,000

    Bond for the primary dealership location, when applicable.

    Additional Dealer Locations

    $25,000

    Bond for qualifying additional locations.

    Get a Dealer Bond Quote

    Have your exact legal business name, dealership address, dealer/license information if available, ownership information, and desired effective date ready. Not every dealer qualifies and bond premiums may vary.

    Contractor & Construction Bonds

    From licensing requirements to project-specific bonding, TrueGuard can help contractors identify and obtain required surety bonds.

    Bid Bonds

    May be required when submitting bids for certain projects.

    Performance Bonds

    Provide a financial guarantee relating to completion of contractual obligations.

    Payment Bonds

    Provide a financial guarantee relating to certain payment obligations associated with a bonded contract.

    License & Permit Bonds

    May be required by state or local authorities before contractors can legally perform certain work.

    Larger contract bonds may require financial statements, experience information, work history, and more extensive underwriting. Not all contract bonds qualify for instant issue.

    Request a Contractor Bond

    Surety Isn't the Same as Traditional Insurance

    Principal — Your Business

    The party required to obtain the bond.

    Obligee

    The government agency, licensing authority, project owner, customer, or other organization requiring the bond.

    Surety

    The company financially guaranteeing the principal's covered obligation.

    Important: If a surety pays a valid claim, the bonded business may generally be responsible for reimbursing the surety under the applicable indemnity agreement.

    How to Get Bonded

    1

    Identify the Requirement

    Tell us who requires the bond, the bond type, amount, state, and effective date.

    2

    Complete the Application

    We'll help collect the necessary business and ownership information.

    3

    Underwriting

    Some bonds may qualify for streamlined approval. Others may require credit, financial statements, business history, or additional underwriting.

    4

    Issue the Bond

    Once approved and paid, many eligible bonds can be issued and delivered electronically.

    Start My Bond Application

    Information to Have Ready

    Having the following information ready can help speed up the process:

    • Exact legal business name
    • DBA
    • Business address
    • Entity type
    • Owner/principal information
    • Years in business
    • Bond type
    • Required bond amount
    • Effective date
    • Obligee
    • License/dealer number, if applicable
    • Prior bond history
    • Existing insurance information, when applicable

    For larger contract bonds, additional information may include:

    • Financial statements
    • Work-in-progress information
    • Contract details
    • Business experience
    • Banking information
    • Project history

    We'll Help You Identify It

    Bond requirements can be highly specific. If you've received a licensing application, contract, government notice, or other document telling you that a bond is required, send us the requirement.

    Help Me Find My Bond

    A Commercial Insurance Agency That Understands Business

    TrueGuard works with dealers, contractors, transportation companies, and equipment businesses across a range of commercial insurance and surety needs.

    Agent-Assisted Applications

    Get help working through the bonding process.

    Broad Bond Access

    Access solutions for a wide variety of license, commercial, contract, and fidelity bond requirements.

    Digital Convenience

    Many eligible bonds can be applied for and delivered electronically.

    Commercial Expertise

    TrueGuard serves dealers, contractors, transportation businesses, equipment businesses, and other commercial clients.

    Insurance + Surety

    Businesses can work with TrueGuard for both commercial insurance and surety needs.

    Frequently Asked Questions

    Request a Business Surety Bond Quote

    Fill out the form below and a TrueGuard agent will help identify your bond requirement and guide you through the next steps.

    PDF, JPG, or PNG. You can also email the document to info@trueguardinsurance.com.

    By submitting this form, you agree to be contacted by TrueGuard Insurance regarding your bond request.

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