If you're looking for bonds in Kennesaw, GA, look no further!
What Exactly Is a Bond?
A bond in layman's terms is a way to secure a debt. It is a way of you the consumer, being able to put up a little cost up front that says “I am letting you borrow this money so as to your agreement to pay the face value of said bond if ever needed”. In the real world, bonds can be issued by a government, municipality, corporation, federal agency and other entities.
Common Bond Types Include
Title Bonds
A title bond, or bonded title, is a document used in the U.S. to prove vehicle ownership when the original title is lost or damaged. It involves buying a surety bond that protects against claims by others who may have legal rights to the vehicle. After a set period without claims, the bonded title can typically be converted into a standard vehicle title.
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Other Bonds
- Permit Bonds
- Janitorial Bonds
- Liquor Retailer Bonds
- Dishonesty Bonds
- Motor Vehicle Dealer Bonds
- Process Server Bonds
- Notary Public E&O Individual Policy (GA)
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Contractor Bonds up to $500,000
- Bid Bonds
- Payment & Performance Bonds
- Supply Bond
- Prequalification Letter
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If You Need Help with a Probate Bond, Please Call Our Office Directly.
770-424-6762
More Information on Different Types of Bonds:
Surety Bonds
A surety bond is a contract between three parties. The person who is the recipient of an obligation, the primary party who will perform the contractual obligation, and the person who assures the obligation will be done.
Probate Bond (Executor, Estate, or Fiduciary)
When a person dies, usually there is a will. The will executor will need to purchase a probate bond to ensure that the wishes of the deceased stated in the will are carried out ethically and honestly. In the event of fraud, the probate bond will reimburse those who were affected. These bonds may also be required for someone who is taking care of someone who is disabled and cannot care for his or her own assets.
Lost Title Bond
These bonds are a type of surety bond. They provide a proof and guarantee of ownership to the Department of Motor Vehicles. When no other form of documentation is available a Lost Title Bond shows the DMV that you are the “owner” of said vehicle.
Contract Surety Bond
Contractor bonds are one of the most “popular” bonds you will see asked for in the insurance space. Contract bonds are used in the construction industry by general contractors. They are a guarantee to a project’s owner that the general contractor will adhere to the contract put in place.
License and Permit Bonds
These types of bonds function as a guarantee to a government entity that a company will comply with a statute, state law, ordinance, etc.
Some examples are but not limited to:
- Contractors License Bonds
- Tax Bond
- Environmental Bonds
- Broker’s Bonds
- Motor Vehicle Dealer Bonds
- ERISA Bonds
Our job as an independent insurance provider is to help you navigate a cumbersome system in finding the best fit for your bonds in Kennesaw, GA and meeting their requirements. We can help you with your bond needs, provide you with your bond, and help you get it to the party requesting.
Call our office today or head over to our quotes page to get started!