A Surety bond is simply a bond guaranteeing performance of a contract or obligation. The word Surety is normally
used in insurance as a term that covers a variety of bonding services.
This is a three-party instrument intended to only assure and protect the “obligee” not the “principal” (applicant).
The agreement binds the applicant to comply with the terms and conditions of a contract. If the applicant is
unable to successfully perform the contract, the surety assumes the applicant’s responsibilities and ensures that
the project is completed correctly. In other words a surety bond provides for monetary compensation should there
be a failure to perform specified acts and this person or corporation supplying the bond acts as a co-signer or
guarantor for a specific deposit, performance or contract.
Office: 714-962-2245 All Surety Bonds can be approved by fax and mail as well as in person
