Surety Bonds
A surety bond is a written obligation by an insurance
company ('the surety') guaranteeing a payment to the
recipient of the bond ('the beneficiary') against a
contractual default by your company ('the principal').
The surety guarantees to reimburse the beneficiary for any
loss should the principal breach its obligations. A surety
bond usually stays in force until the principal fulfills its
obligations to the beneficiary.
Contract Surety Bonds
Patriot is able to arrange a wide variety of bonds from
standard to the most difficult bond risks.
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Bid Bonds
With several programs under which to write bid bonds,
Patriot can write the right one for you.
Performance Bonds
Generally the bonding approval system for contracts under
$100,000 is based on an owner's personal credit history;
approval of bonds for contracts over $100,000 is based on
personal credit history and the business financials.
Other Bonds
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 License and Permit Bonds |
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Mortgage Broker Bonds |
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Subdivision Bonds |
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Auto Dealer Bonds |
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Appeal or Court Bonds |
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