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Home > Bonds Home

Bonds


Bonds Quote Forms

Looking for coverage? Click any of the following links to submit a quote for quick, accurate and affordable rates.

Bond Request
IL - Business Service Bond $10,000 & under pena...
IL - Business Service Bond $15,000 & higher pen...
IL - Concealed Carry Criminal Defense Reimburse...
IL - ERISA Bond (Employee Retirement Income Sec...
IL - Errors & Omissions Policy Only for Notary ...
IL - Notary Bond Only
IL - Notary Bond w/E&O (Errors & Omissions)
IL - Sheriff's Indemnity for Financial Institut...
IL - Sheriff's Indemnity up to $50,000 Bond - A...
MO - ERISA Bond (Employee Retirement Income Se...
MO - Business Service Bond $10,000 & under pena...
MO - Business Service Bond $15,000 & higher pen...
MO - Concealed Carry Criminal Defense Reimburse...
MO - Errors & Omissions Policy Only for Notary ...
MO - Notary Bond Only
MO - Notary Bond w/E&O (Errors & Omissions)

Bonds Information

What is bond insurance?

An issuer of a bond can purchase bond insurance to guarantee scheduled payments of interest and principal on the bond to its bondholders in case the issuer defaults. Once the issuer purchases bond insurance, its credit rating is replaced with the insurer’s credit rating. Premiums are a measure of the perceived risk of failure of the issuer and are paid to the insurer in either lump sums or installments.

What are the benefits of being bonded?

Being bonded gives issuers the ability to leverage business growth. With the increased stature of having the insurer’s credit rating, a business can feel safer in taking risks to improve and grow the business. This is especially true in the construction and financial industries.

A bonded business can obtain unbiased criticism from a credit professional and seek advice in underwriting projects.

Some bonds we handle include, but are not limited to, the following:

  • Contract performance bonds
  • Bid bonds
  • Maintenance bonds
  • Payment bonds
  • Supply bonds
  • License and permit bonds
  • Miscellaneous bonds

Get started today!

Contact us today, and we can answer any questions you have about bond insurance. 

Mid-States Agencies   887 Bolger Ct.    |   St. Louis, MO 63026   |   Phone:314-919-2057 Powered by Insurance Website Builder
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