New Hampshire Surety Bonds

What is a New Hampshire surety bond?

Surety bonds are used across the U.S. to guarantee the legal compliance of different types of businesses and individuals. New Hampshire surety bonds execute such a function as well.

State and local bodies may require surety bonds to provide additional security for the general public. Bonds work like a contract between three parties. The obligee is the respective authority that requires an entity to get bonded. The bonded party is the principal. Finally, the surety provides the bond.

There are three main types of surety bonds, which are also prevalent in New Hampshire:

• License bonds are needed when professionals want to obtain a local or state license. Typically, such bonds are posted by auto dealers, freight brokers, contractors and mortgage brokers, among others.
• Contract bonds are required on a case-by-case basis. Construction specialists often need to provide such bonds when they want to bid on public or private projects. Contract bonds guarantee that contractors will execute their work in time and in the best quality.
• Court bonds may be necessary only in certain cases. If you have to act as a fiduciary, you will need to obtain such a bond. You may need a court bond if you want to bring a court case to a higher instance as well.

You can consult the list of the most commonly used New Hampshire surety bonds in the list below. At the end of the page you can also find the complete list of bonds that we underwrite in this state.

Need help with finding your bond?Just call us at (877) 514-5146.

Compared to other states, New Hampshire has a relatively small amount of surety bond requirements. Fortunately, Lance Surety can write just about all of them at very aggressive rates. Working with us is the fastest and easiest way to get bonded in your state.