Surety
Quote any type of bond instantly.
License, bid, performance, payment, court, and miscellaneous bonds for Texas contractors and businesses. Many accounts can be quoted online. Larger contract surety still goes through Allen so underwriting sees a real package.
What to know
Contract bonds
Bid, performance, and payment bonds for public and private work. We package work-on-hand and financials when the instant market is not the right fit.
License and permit
Contractor licenses, auto dealer, notary, freight broker, and municipal permit bonds — often quotable in minutes.
Court and fiduciary
Probate, appeal, replevin, and other court bonds. Tell us the court and the amount; we will tell you what underwriting needs.
Surety bond questions
Is a surety bond the same as insurance?
No. A surety bond protects your customer or a government agency, not you. The U.S. Small Business Administration says contract bonds assure that a specific contract's terms are met, and commercial bonds assure that you follow applicable laws and regulations. Many public and private contracts in Texas require bid, performance or payment bonds.
When does a Texas public project require a performance or payment bond?
Under Texas Government Code Section 2253.021, a governmental entity must require a performance bond on a public work contract over $100,000. A payment bond is required over $25,000, or over $50,000 when the entity is a city or certain joint boards. Each bond is in the full contract amount and must be issued by a corporate surety.