Commercial Surety Bond Categories

The two main categories of surety bonds are contract and commercial. There are many types of commercial surety bonds, and there are often many names for those types. The standard ways to classify commercial surety are license and permit, court and probate, financial...

Contract Surety Bond Categories

There are two main categories of bonds. Each surety company classifies them differently, but traditionally, surety companies will have contract surety bonds and commercial surety bonds. Commercial bonds are essentially miscellaneous bonds, while contract bonds are for...