Category Archives: Surety Bonds

Not sure how to navigate the surety bond application and approval process? You’re not alone. Here’s our hot take on what you should know to avoid errors, delays, rejection, and wasting precious time and money after submitting your application. We want you to get bonded as easily and quickly as possible. Follow these expert tips […]

If you’re a business owner, contractor, or other professional, you may need a surety bond at some point in your career. Here are five simple steps to get you bonded as quickly as possible. 1. Application Complete the correct bond application with a reputable surety provider. You may have to provide information about your business, […]

Securing a surety bond is a crucial step for many business owners and contractors. Whether you’re new to surety bonds or looking to dive deeper, this guide will provide valuable insights. Learn how bond premiums are calculated, the risk factors, and how you can earn better rates. What are surety bond rates? Let’s start with […]

Surety bonds are a type of financial guarantee that protects the obligee (the party owed money or something of value) from financial loss if the principal (the party obligated to pay) fails to fulfill their contractual obligations. Surety bonds are used in various industries, including construction, healthcare, and government contracting. Most bonds cost around 1-10% […]

If you’re embarking on the exciting journey of becoming a licensed contractor in the Golden State, you’re in the right place. In this article, we’ll cover everything you need to know about getting and maintaining a California contractors license – from who requires it to the nitty-gritty details of the application process. Who requires California […]

When working with a surety bond provider, you’ll likely encounter the term “full financials.” The concept comes into play during the bond application process.  But what does it mean? Why would your surety ask for it, and why should it matter? We put this guide together to answer all the questions we frequently get on […]

If you have a low credit score, don’t let it stop you from applying for the surety bonds you need. Some surety providers, like ZipBonds, work with applicants with low credit scores by offering options that allow you to get bonded for a low premium rate. In this article, we cover how credit scores generally […]

Surety bonds and insurance are two types of financial protection. Surety bonds guarantee that a person or company will fulfill their obligations, while insurance pays for losses if something goes wrong. In this guide, we’ll break down the core differences between surety bonds vs. insurance. That way, you’ll know how each will serve you best. […]