For example, with license and permit surety bonds the obligee is the party granting a specific license or permit to the principal in order to operate their business. The bond is the financial agreement that the principal will operate their business according to the laws and regulations for that particular industry within that state. Examples of these types of surety bonds include mortgage broker bonds, insurance agent bonds, auto dealer bonds, contractor bonds or health club bonds.
Alpha Surety is a nationwide surety bond broker offering simple, fast solutions for all types of surety bonding in all 50 states. We offer our customers extremely competitive pricing with multiple national carriers as well as world class support. For a free consultation about your surety bonding needs, please call 510-435-8425 or contact us. Or, to apply for a free quote, please complete our surety bond application.