The Magnitude of License and Permit Bonds During COVID-19

Amidst the current epidemic, trepidation and uncertainty is at an all-time high. Solidifying trust between company and consumer is absolutely critical to support business operations. One of the best ways to nurture customer satisfaction and trust is for a business...

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What is a License & Permit Surety Bond?

License and permit surety bonds are a specific type of surety bond required by federal, state, and local government agencies to ensure that a business stays in compliance with all applicable laws and regulations. Sometimes called "commercial bonds" or even just...

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As the Economy Grows, More License & Permit Surety Bonds Needed

Non-farm employment rose by 312,000 in December 2018 with job gains occurring in health care, food services, construction, manufacturing, and retail, according to the U.S. Bureau of Labor Statistics. With more people employed, it means more people need licenses and...

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Open for Business: Surety Bond vs. Liability Insurance?

Starting out in a new business is exhilarating, but it comes with the dual responsibilities of complying with the law and protecting yourself professionally. While juggling compliance and protection, one of the most common points of confusion for new professionals...

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10,000 Surety Bond

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Surety Bonds

Need a surety bond? You are in the right place. Colonial Surety Company is licensed to issue surety bonds in all 50 states and territories. Simply pick the bond you need, select your state and obtain your bond in minutes....

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License & Permit

License bonds are required by federal, state, and local government agencies as prerequisites for many licensed businesses to legally operate. Permit bonds are required before a government agency will issue a permit to a business.

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Contractor License Bond

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Supersedeas and Appeal Bonds

Though in some jurisdictions, the terms supersedeas bond and appeal bond are used interchangeably, other jurisdictions distinguish between the terms. Generally, a supersedeas or appeal bond enables the losing party in a civil litigation case to defer payment of the...

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Sales Tax Bonds Explained

  When you’re in business to sell, chances are good that you are required to report and file the applicable sales taxes with your local and state governments. As a guarantee that you will do so, sales tax bonds are...

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