Commercial Bonds

With a team of dedicated commercial surety bond underwriters, Boston Indemnity Group understands your unique commercial bonding needs.

Commercial surety bonds are generally required by state laws and statutes. Good example is a contractor license bond which guarantees the contractor will comply with the required construction codes of the particular state.

There are many types of commercial surety bonds and Boston Indemnity Group has the expertise and experience to help you find the one you need. The following examples are some of the types of commercial bonds we provide:

Types of commercial bonds

  • AG dealer bonds are required for persons licensed with the Department of Agriculture who buy and resell products of agriculture. This type of commercial bond is also known as agricultural dealer bonds and include: grain dealer bonds, hay dealer bonds, livestock dealer bonds, milk dealer bonds and produce dealer bonds
  • ARC bonds are required by the Airline Reporting Commission to guarantee payment collected by the travel agency will be forwarded to the appropriate airline. ARC commercial bonds are also known as travel agent bonds
  • Auctioneer bonds guarantee the auctioneer will account for and pay money due to entitled parties
  • Auto dealer bonds help to assure the general public, and specifically those persons that have financial transactions with the dealer, that the dealer will comply with the law. Auto dealer bonds are also known as motor vehicle dealer bonds (MVD bonds). Other dealer bonds include: boat dealer bonds, mobile home dealer bonds, motorcycle dealer bonds, snowmobile dealer bonds and vessel dealer bonds
  • Fuel tax bonds are required by fuel sellers to guarantee payment of taxes
  • Lease bonds guarantee compliance with regulatory and lease requirements to include rents, royalties, environmental damage and clean-up activities not related to oil spills, abandonment and site-clearance, and other lease obligations
  • License and permit bonds are required by federal, state or municipal governments before they will grant a license or permit to conduct business in certain occupations or professions. License and permit bonds include: contractor license bonds, electrician bonds, HVAC commercial bonds, non-resident license bonds and plumber bonds
  • Liquor bonds guarantee compliance with federal and state laws pertaining to the sale, manufacturing and warehousing of alcohol
  • Lottery bonds are required for any establishment with a lottery machine. The bond guarantees proper use of the machine to ensure no abuse to the state lottery system
  • Notary public bonds are required by state statutes to protect against losses resulting from the improper actions of notaries
  • Motorcycle dealer bonds guarantee motorcycle dealer compliance with law, payment of tax, and in some cases, payment of judgments. A motorcycle dealer bond is required to protect the public from wrongful actions of the dealer
  • Mortgage broker bonds guarantee the mortgage broker will abide by state laws, rules and regulations under the mortgage broker license code
  • Public official bonds guarantee faithful performance of official duties and are generally for the protection of taxpayers
  • Title bonds are required to register a vehicle or other property due to a lost or defective title. Title bonds are also known as certificate of title bonds, defective title bonds and lost title bonds
  • Utility bonds are financial guarantee bonds that ensure the payment of utility bills
  • Warehouse bonds guarantee that goods stored in a warehouse will be delivered upon presentation of a receipt

Not looking for a commercial bond? Find out more about our other bond products
Contract bonds
Court bonds
Environmental bonds
Fidelity bonds

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