We provide most types of surety and fidelity bonds, except bail bonds.
For a rate quote, please contact Sean here or at 520-327-6534 between 9-5 Arizona-time.
As one of Tucson's premier Surety and Fidelity Bond providers,
we encounter a lot of misconceptions about what they are and what they do. The short of it though is that a bond is a financial guarantee made between the purchaser of the bond (principal), the bonding company (guarantor), and the entity requiring the bond (obligee).
In a way it is similar to insurance, in that the company is agreeing to pay for a specified possible loss or expense, the difference being that the principal would be obligated to pay the company back the full amount paid out on the bond. For this reason it is sometimes difficult to be approved for large bonds, depending on whether the company deems you (the principal) capable of reimbursing them.
To learn about some of the different types, click the links below to browse the dictionary to the right.