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Surety bonds serve as a protection for the state and its citizens and guarantee that businessеs operate in accordance to the state or local legislations. There are three main categories of surety bonds across the U.S.: license and permit bonds, contract bonds, and court bonds. These three are further divided into more specific types, depending on the business to be conducted.
Here’s a brief list of the most popular types of bonds in the city of Fort Worth:
Most Popular Surety Bonds in Fort Worth
Overview of the Fort Worth surety bonds
Fort Worth surety bonds, just like the bonds in other states, serve as a contractual agreement involving three parties. These are: the principal which is the business posting the bond, the obligee which is the authority requiring the bond, and the surety company that will be providing the bond.
Surety bonds serves as an extra measure of protection against fraud and unethical practices. If a business engages in unlawful business endeavours, they can face a claim on their surety bond.
If you want to learn further details on the bonding process, feel free to contact us at (877) 514-5146. Our experts are ready to assist you with all your questions.
Questions about Surety Bonds in Fort Worth, Texas
How much does a Fort Worth bond cost?
The final cost of your Fort Worth surety bond varies, depending on the type of bond and the regulations of the institution requiring it. Keep in mind, the premium you will be paying regularly is a certain percentage of the whole amount.
Surety bond companies take into account a list of factors when it comes to estimating your specific premium. The most important criteria is your personal credit score. The lower your score, the riskier you are as an applicant and the higher the premium you have to pay.
What if I have bad credit?
Having a bad or even no credit is not an issue with Lance Surety Bonds. Our Bad Credit Surety Bonds program is designed for applicants who come from a less than perfect financial background and still need a good bonding deal.
Lance Surety Bonds works with a number of A-rated, T-listed surety companies, that will provide you with top rates in the range of 5% to 15%, depending on your specific financial case.
How do I apply for a Fort Worth surety bond?
Our online application is an east and fast way to get bonded in Fort Worth. Choose the type of bond you’re interested in and let us know about your credit score. We’ll get back to you with a free bond quote in the matter of minutes.
If you still have questions on the bonding process, feel free to check out our How to Get Bonded page or simply contact our experts at (877) 514-5146.
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What Our Clients Have To Say?
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!
