The history of Surety Bonds dates back to 2750BC, as recorded on an etched clay tablet between two farmers, and a local merchant served as the surety. Although suretyship (bonding) has evolved from the clay tablets to the electronic age one thing has remained constant, when two parties want be be sure something happens it generally can be accomplished using a surety bond. The corporate surety bonds, as we know them today actually became recognized in 1894 when congress passed the Heard Act to protect taxpayers from contractor failure.

Bonds, unlike most forms of insurance, are not purchased. One must "qualify" for a bond, and undergo the underwriting process to determine the Character, Capacity, and Capital of the individual or entity that wishes to be bonded. Unlike insurance which is designed to compensate the insured for loss due to an adverse event; surety bonds are designed to prevent loss. Bonds are underwritten with little expectation of loss. The premium is primarily a fee for the extensive prequalification and processing required to be bonded.

Bonds support many daily activities of both individuals and businesses, and we invite you to explore the variety of bonds available using the links on this site.

Please Contact Us if you would like more information.