Complete Guide to Types of Surety Bonds
Comprehensive overview of all surety bond types, from contract bonds to specialty bonds. Understand requirements, costs, and which bonds you might need. BuySuretyBonds.com offers instant approval for license bonds and expert underwriting for performance bonds.
Bond Categories Overview
Contract Surety Bonds
Guarantee contract performance and payment
5 bond types
Commercial License Bonds
Required for business licenses and permits
5 bond types
Court & Fiduciary Bonds
Required by courts for legal proceedings
5 bond types
Federal Bonds
Required by federal agencies
5 bond types
Specialty & Miscellaneous Bonds
Industry-specific and unique requirements
5 bond types
Instant Approval Bonds
No credit check required for most instant bonds. Get approved and download your bond immediately online. Use our bond calculator to estimate costs before applying.
Notary Bonds
$5,000-$15,000
Small Contractor Bonds
Up to $25,000
Public Official Bonds
Up to $10,000
Business Service Bonds
Up to $50,000
Motor Vehicle Dealer Bonds
Up to $100,000
Contract Surety Bonds
Guarantee contract performance and payment
Performance Bonds
Guarantee project completion
Payment Bonds
Ensure subcontractors get paid
Bid Bonds
Guarantee contractor will honor bid
Supply Bonds
Guarantee delivery of materials
Maintenance Bonds
Cover defects after completion
Commercial License Bonds
Required for business licenses and permits
Contractor License Bonds
Required for contractor licensing
Auto Dealer Bonds
Required for car dealerships
Freight Broker Bonds
Federal BMC-84 requirement
Notary Bonds
Required for notary commissions
Health Club Bonds
Protect gym memberships
Court & Fiduciary Bonds
Required by courts for legal proceedings
Appeal Bonds
Required to appeal court decisions
Administrator Bonds
Required for estate administration
Guardian Bonds
Required for legal guardianship
Probate Bonds
Required in probate proceedings
Injunction Bonds
Required for court injunctions
Federal Bonds
Required by federal agencies
Customs Bonds
Required for importing goods
SBA Bonds
Small Business Administration contracts
Federal Contractor Bonds
Required for federal contracts
Immigration Consultant Bonds
Required for immigration services
Medicare/Medicaid Bonds
Required for healthcare providers
Specialty & Miscellaneous Bonds
Industry-specific and unique requirements
Lost Instrument Bonds
Replace lost securities/documents
Wage & Welfare Bonds
Guarantee payment of benefits
Environmental Bonds
Guarantee cleanup obligations
Utility Bonds
Required for utility deposits
Subdivision Bonds
Guarantee completion of improvements
Legal Requirements for Bonds
Miller Act (Federal)
Requires payment and performance bonds on federal projects over $100,000
Little Miller Acts (State)
State versions requiring bonds on public projects
Licensing Requirements
Professional licensing bonds required by state agencies
Court Requirements
Bonds required by courts for legal proceedings
How to Choose the Right Bond
✅ Determine Your Requirement
- • Check with the requiring agency
- • Review contract or license requirements
- • Verify bond amount needed
- • Confirm bond form requirements
- • Calculate estimated premium
✅ Consider Your Situation
- • Evaluate your credit score
- • Assess financial strength
- • Consider processing timeline
- • Compare multiple providers
- • Start your application online
Common Misconceptions About Surety Bonds
Need Help Choosing the Right Bond?
Our experts can help you identify exactly which bonds you need and get you the best rates.