Commercial Surety Bonds: Commercial Bonds
- ARC Bond - A bond required by the Airlines Report Commission.
- Auto Dealer Bond - A license and permit bond required by many states in order to operate as an auto dealer.
- Broker Bond - A vague term used to describe various types of brokers (e.g. freight broker, mortgage broker, etc.)
- Cigarette Tax Bond - May be required of cigarette distributors to guarantee payment of taxes.
- Collection Agency Bond
- Contractor License Bond - Some states, as well as local governments may require a bond for a contractor to legally operate in a particular location.
- Erisa Bond - A Federal Government requirement for company financial plans.
- Fuel Tax Bond - A bond to guarantee payment of taxes on fuel sold in a particular region.
- Health Club Bond - Required by some states for health clubs to collect payment up front from their clients.
- Home Dealer Bond - A license bond to guarantee the performance of dealers for off-site built homes.
- Insurance Broker Bond - Some state insurance departments require a license bond to guarantee the performance of insurance brokers within their state.
- ICC Bond - The Interstate Commerce Commission (ICC) requires a bond of freight brokers.
- License & Permit Bond (not listed) - There are literally thousands of different license & permit bonds throughout the country. Here you will learn more about license bonds in general.
- Liquor Tax Bond - A bond to guarantee payment of taxes collected from the sale of alcoholic beverages.
- Lottery and Lotto Bond - Some states require a bond to guarantee store owners properly operate state owned lottery machines.
- Miscellaneous Bond (not listed) - There are literally thousands of commercial bonds, many of which are too specific to fall under a particular category.
- Mobile Home Dealer Bond - A license bond required of mobile home dealers by state governments.
- Money Transmitter Bond - Many state governments require money transmitters to obtain a bond to guarantee they will operate in accordance with the terms their license.
- Mortgage Broker Bond - Most states require mortgage broker to file a bond to with their license applications to ensure they operate per the states rules and regulations.
- Mortgage Lender Bond - Most states require mortgage lenders (also known as mortgage bankers) to post a license bond to guarantee they operate per the terms of the state in which they operate.
- Patient Trust Bond - This bond ensures the caretaker of a patient will not misuse the funds held in the patients' trust.
- Pay Day Loan Bond - A license bond required of pay day loan companies to ensure they operate per the terms of the state's specific rules and regulations.
- Preneed Funeral Bond - These bonds allow for pre-payment on funeral and burial agreements.
- Sales Tax Bond - A commercial bond that guarantees a company's payment of sales tax to the government.
- Seller of Travel Bond
- Surplus Lines Broker Bond
- Telemarketing Bond - A license bond required by state governments to ensure telemarketers (also known as phone solicitors) operate legally per the terms of the particular state being called.
- Title Agency Bond - A license bond required of title agents by some states.
- Used Car Dealer Bond - Most of the state departments regulating used car dealers require them to be licensed and bonded to protect the public.
- Wage and Welfare Bond - Are bonds required by local unions to guarantee payment of dues.
Special Note: This summary outlines in general terms the coverages afforded under some policies. Examine the policy carefully for any exclusions, limitations, or any other terms or conditions that may specifically affect coverage. The terms and conditions of the policy prevail.