Surety Bonds
License & permit bonds, performance bonds, contractor bonds, and more. Fast processing for Georgia, Kentucky, and all licensed states.
What Are Surety Bonds & When Do You Need One?
A surety bond is a three-party agreement that legally binds a principal (the party required to obtain the bond), an obligee (the party requiring the bond), and a surety (the bonding company). The bond guarantees that the principal will fulfill specific obligations — whether completing a construction project, following licensing regulations, or fulfilling a court order.
Surety bonds are required in many situations: contractors need them to get licensed, businesses need them to obtain permits, and courts require them for certain legal proceedings. Unlike insurance, a surety bond is not designed to protect the principal — it protects the obligee and the public from financial loss if the principal fails to meet their obligations.
At Ransom & Associates, we make the bond process straightforward. Whether you need a simple notary bond or a complex performance bond for a large construction project, we'll guide you through the requirements and get your bond issued quickly.
Types of Bonds We Handle
License & Permit Bonds
Required by state or local government for businesses to obtain or maintain a license or permit to operate.
Performance Bonds
Guarantees that a contractor will complete a project according to the contract terms and specifications.
Payment Bonds
Ensures that subcontractors, laborers, and material suppliers are paid on a construction project.
Contractor License Bonds
Required for contractors to be licensed in most states, protecting customers from incomplete or faulty work.
Court Bonds
Required by courts for various legal proceedings, including appeal bonds, guardian bonds, and executor bonds.
Fidelity Bonds
Protects businesses from losses caused by dishonest or fraudulent acts by employees.
Notary Bonds
Required for notaries public to protect the public from errors or misconduct in notarial acts.
ERISA Bonds
Required by federal law for fiduciaries of employee benefit plans to protect plan participants.
The Bond Process
Request a Bond
Fast processing — often same-day