Business Bonds

Get individual bonds or establish a bond program

Protect Against Loss

We offer protection against a failure to meet an obligation due to vendor bankruptcy, construction issues or legal dispute.

Professional Support

We provide ongoing service and reviews to support your business bonding needs.


We have an experienced team and the knowledge to help you build a stable bonding program.

Business Bond options

Find the right bond for your business needs

Administrative/Estate/Executor Court Bonds

This type of bond guarantees that the executor or administrator of an estate will conduct their duties according to the provisions of the will and the legal requirements of the jurisdiction. If dishonest acts by the executor or administrator result in financial loss to the estate, the bond will act as an indemnitor to the estate. This bond is posted by the executor or administrator of the estate.

Bid Bond

This is a business bond required of a contractor submitting a bid on a project. If the contractor then refuses to undertake the project, the bid bond assures that the developer will be paid the difference between the lowest bid and next lowest bid, subject to maximum penalty amount. The bid bond encourages contractors to make serious bids and live up to their obligations.

Completion Bond

This bond offers protection for a mortgagee guaranteeing that the mortgagor will complete construction. The mortgagee (such as a bank) lends money to the mortgagor (the owner of the project) in order to pay the contractor who is actually physically building the project. Upon completion, the project then serves to secure the loan. Should the project not be completed, the mortgagee is protected through the completion bond.

Employee Benefits (ERISA) Bond

The Employee Retirement Income Security Act of 1974 requires employers that have a pension or profit-sharing plan to maintain a bond equal to 10 percent of the amount of the plan's asset, subject to a maximum of $500,000 per plan. This bond insures that the trustees of the plan will not remove funds inappropriately.

Fidelity Bond

This provides coverage to an insured business or individual for money or other property lost because of dishonest acts of its bonded employees, either named or by positions. The dishonest acts include larceny, theft, embezzlement, forgery, misappropriation, wrongful abstraction and willful misapplication, whether employees act alone or as a team.

Financial Guarantee Bond

This bond provides protection to the beneficiary against breach of contract by the surety or by the principal by obligating the surety to pay a certain amount of money if the principal fails to perform its obligation. The surety will retain the right to diminish the loss or arrange for completion of the contract.

Guardian Bond

This bond guarantees that the guardian appointed by the court is authorized to pay expenses of the minor—or of another individual who is deemed to be incapable of managing their own affairs—and will fulfill their duties.

License Bond

This bond guarantees compliance with various city, county and state laws that govern the issuance of a particular license to conduct business.

Maintenance Bond

This bond guarantees against defects for a specified time period following the completion of a contract.

Notary Bond

This bond is designed to protect the state from errors or misrepresentations made while a notary is performing their duties. It ensures that the state can be reimbursed for any loss it incurs in the event that a notary betrays the public trust. This is essentially the state's insurance policy.

More Business Bond Options

Additional business bonds we offer

Payment Bond

This type of bond guarantees a contractor will pay fees owed for labor and materials necessary for construction of a project. If these fees aren't paid, an owner who has paid the contractor might be confronted with liens from subcontractors, suppliers and workers filed against the completed project. In turn, the owner may be responsible for payment that exceeds the value of the work done.

Performance Bond

This guarantees a contractor will perform under the contract in accordance with all specifications for the project.

Permit Bond

This guarantees that a person licensed by a city, county or state agency will perform activities for which the business bond was granted, according to the regulations governing the license.

Position Schedule Bond

This bond guarantees the honesty of those holding named positions in a firm, as opposed to a business bond that refers to named individuals or is blanketed for all positions.

Public Official Bond

This is a type of surety bond that guarantees the performance of public officials. Public officials are responsible for a broad range of property including fees they collect, money they handle and bank accounts they oversee. They may also be responsible for misdeeds that result in a loss of public funds by those they supervise. In some cases, coverage is available for an entire group of employees under a Public Employees Blanket Bond.

Seizure Bond

This is a drastic but legal preliminary remedy for certain types of infringement. A federal court may order a United States Marshal to confiscate and impound allegedly infringing articles pending trial. If the allegation was incorrect, the party seeking seizure must post a bond to protect the party whose items were seized. The remedy may even be granted ex parte in certain circumstances, meaning the defendant has no chance to oppose the seizure in advance.

Surety Bond

This guarantees that one party will make good the default or debt of another. There are three parties involved—the principal, who has primary responsibility to perform the obligation (after which the bond becomes void); the surety, who is the individual with the secondary responsibility of performing the obligation if the principal fails to perform; and the Obligee, to whom the right of performance (obligation) is owed. The surety has recourse against the principal for reimbursement of expenses incurred by the surety in the performances of the obligation). This is typically not a transfer of risk.

We also offer other bonds not listed above.

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My Business Insurance Center

Manage business insurance information from any device, from anywhere

My Business Insurance Center

Access and manage your latest insurance documents and policy information

My Business Insurance Center

Report claims online, including accident photos and documentation

Investment Management

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We keep an eye on your long-term goals and avoid trends that come and go.
Institutional Trust

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Insurance products are not insured by the FDIC or any federal government agency and are not a deposit or other obligation of, or guaranteed by, any bank or bank affiliate.

Insurance products offered in California are offered by First Citizens Investor Services, Inc., d.b.a. FCIS Insurance Solutions, Agency #6001908.

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