Surety Bond Education

Category: Commercial Bonds

Surety Bond Education

Port Arthur Building Contractor’s Bond

Port Arthur Building Contractor’s Bond

The City of Port Arthur, Texas requires a $15,000 Building Contractor’s Bond. The City requires this bond of businesses that are engaged in “erecting, constructing, enlarging, altering, repairing, moving, improving, removing, converting or demolishing buildings and structures with the City…”. How Do I Obtain This Building Contractor’s Bond? Obtaining a Port Arthur Building Contractor’s Bond is very easy. We need very basic information on your business and can issue the bond the same day. Here are some easy steps to follow to obtain your bond: Complete our online application Pay for your bond in the application process We will email […]
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City of Waco Cement Contractor’s Bond

City of Waco Cement Contractor’s Bond

The City of Waco, Texas requires that contractors that need a right-of-way permit to obtain a bond. Contractor’s that need to perform work in the right-of-way must first obtain a permit. However, permits are only issued to contractors that obtain the City of Waco Cement Contractor’s Bond. Who Needs A Cement Contractor’s Bond? If you are a contractor performing work in Waco’s right-of-way, you must obtain a permit.  But to obtain the permit you must first obtain a $5,000 Cement Contractor’s Bond. Only bonded contractor’s will be issued a permit by the city. How Do I Obtain A Cement Contractor’s […]
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$75,000 BMC-84 Freight Broker Bond

$75,000 BMC-84 Freight Broker Bond

The Federal Motor Carrier Safety Administration (FMCSA) requires that all license applicants post a $75,000 Surety Bond on Form BMC-84. How Do I Obtain A $75,000 Freight Broker Bond? In order to obtain a $75,000 BMC-84 Freight Broker Bond you must submit an application.  As part of the application process your personal credit will be pulled.  The better your personal credit score, the better rate you will be able to obtain on this bond.  Business and personal financial statements will also be required as part of the underwriting process.  Having good working capital and net worth in your company will […]
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How Do I Obtain A Probate Bond?

How Do I Obtain A Probate Bond?

A probate bond is a type of bond that a court may require.  The court may appoint an executor, fiduciary, trustee or administrator of a deceased person’s estate.  And the court may also require that the executor/administrator/fiduciary post a surety bond.  The surety bond will guarantee that you will uphold your fiduciary responsibility to lawfully perform your duties. How Do I Obtain A Probate Bond? In order to obtain a probate type of bond you will need to complete an application.  This application will ask a variety of questions about your personal finances and the finances of the estate that […]
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Alcohol Related Bonds In Texas

Alcohol Related Bonds In Texas

If you are a new retailer of alcohol in the state of Texas you may be required to post a surety bond.  There are several different alcohol related bonds in Texas that you might be required to post including Conduct & Mixed Beverage Bonds.  We tell you more about each of those bonds below. Conduct Surety Bond One alcohol related bond you may need to post is either a $5,000 or $10,000 surety bond required by the Texas Alcoholic Beverage Commission.  The bond will guarantee that you will comply with the applicable laws of the commission.  The size of bond […]
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Over Axle and Over Gross Weight Tolerance Permit Bond

Over Axle and Over Gross Weight Tolerance Permit Bond

In order to obtain an annual Over Gross Axle and Over Gross Weight Tolerance Permit in Texas you must first obtain a permit bond.  In this quick article we will tell you what this permit bond is, how to obtain the bond and how much it costs. What Is An Over Axle and Over Gross Weight Tolerance Permit Bond? This permit bond guarantees to the Texas Department of Transportation that you will pay for any damage that you cause to the highways on which you travel.  This bond covers an annual period but can also cover up to two or […]
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