CONNECTICUT SURETY BONDS

DETERMINING YOUR CONNECTICUT BOND TYPE

Looking for fast and easy bonding solutions in Connecticut? American Surety Bonds offers a wide range of Connecticut surety bonds that can help you meet your bonding requirements quickly and efficiently. Our bonding experts will guide you through the entire process, making sure you get the right bond for your needs. From construction bonds to license and permit bonds, we have you covered. With our streamlined application process and competitive rates, getting bonded in Connecticut has never been easier. Contact us today to learn more about our Connecticut surety bonds and how we can help you secure the bonding you need.

An Administrator Bond is a type of surety bond required for individuals appointed as administrators of estates. It guarantees that the administrator will perform their duties in accordance with state laws and regulations, faithfully manage the assets of the estate, and pay any debts or taxes owed by the estate.

An Airline Reporting Corporation (ARC) Bond is a type of surety bond required by the Airlines Reporting Corporation for travel agencies that wish to issue airline tickets on behalf of airlines. It guarantees that the agency will adhere to ARC’s rules and regulations, accurately report and pay for all tickets issued, and protect the interests of the airlines.

An Appeal/Supersedeas Bond is a type of surety bond that allows a judgment debtor to stay enforcement of a judgment while an appeal is pending. It guarantees payment of the judgment and associated costs if the appeal is unsuccessful. The bond protects the judgment creditor and ensures that they are not left empty-handed if the appeal fails.

A Connecticut Automobile Club Association Bond is a type of surety bond required by the state for businesses that provide roadside assistance, travel services, and other benefits to their members. The bond serves as a financial guarantee that the club will fulfill its obligations to its members and comply with state regulations, ensuring that members are protected in the event of any misconduct or negligence.

A Bid Bond is a type of surety bond that guarantees that a bidder will enter into a contract if they are awarded the bid. It provides financial protection to the project owner if the bidder fails to honor their bid or withdraws from the bidding process. The bond ensures that the owner will be compensated for any costs associated with finding a replacement bidder.

A Connecticut Certificate of Title Bond is a type of surety bond required by the state when an individual or entity seeks to obtain a certificate of title for a vehicle without proper ownership documentation. The bond provides financial protection to the state and any rightful owners by ensuring that the applicant will indemnify any losses incurred if a valid ownership claim arises.

A Conservator/Guardian of a Minor Bond is a type of surety bond required for individuals appointed as conservators or guardians of minors. It guarantees that the appointed person will manage the minor’s estate responsibly, comply with state laws and regulations, and act in the best interest of the minor. The bond protects the minor’s assets and interests.

A Conservator/Guardian of an Incapacitated Adult Bond is a type of surety bond required for individuals appointed as conservators or guardians of adults who are unable to manage their affairs due to incapacity. It guarantees that the appointed person will manage the adult’s estate responsibly, comply with state laws and regulations, and act in the best interest of the adult. The bond protects the adult’s assets and interests.

A Connecticut Contractor License & Permit Bond is a type of surety bond required for contractors to obtain a license or permit to operate in Connecticut. It guarantees that the contractor will comply with all state laws and regulations, pay subcontractors and suppliers, and complete the project according to the contract. The bond protects the state, project owner, and subcontractors.

A Connecticut Debt Adjuster Bond is a type of surety bond required by the state for debt adjusters, who assist individuals in managing their debts. The bond provides financial protection to clients by ensuring that the debt adjuster will adhere to state laws and regulations, act in good faith, and handle client funds responsibly, reducing the risk of any financial harm or misconduct.

A Dishonesty/Business Services Bond is a type of surety bond that protects businesses from financial losses resulting from fraudulent or dishonest acts committed by employees. The bond guarantees that the employer will be compensated for any losses resulting from employee theft or fraud. The bond provides financial security to businesses and protects against employee misconduct.

A DMEPOS Bond is a type of surety bond required for suppliers of durable medical equipment, prosthetics, orthotics, and supplies to Medicare beneficiaries. It guarantees that the supplier will comply with all Medicare rules and regulations, bill accurately, and repay any overpayments. The bond protects Medicare and ensures that suppliers follow all applicable laws and regulations.

A DOT Right-of-Way Bond is a type of surety bond required by the Department of Transportation (DOT) to provide financial security for the acquisition of property for public transportation projects. It guarantees that the acquiring agency will compensate property owners for any damages, including fair market value and relocation costs. The bond protects property owners from financial losses resulting from DOT acquisitions.

A Connecticut Driving School Bond is a type of surety bond required by the state for driving schools and instructors. The bond provides financial protection to students and the state by ensuring that the driving school or instructor will adhere to state regulations, maintain professional conduct, and fulfill their contractual obligations, minimizing any potential losses or misconduct.

An Environmental Bond is a type of surety bond required for businesses engaged in environmentally sensitive operations, such as waste management, hazardous material handling, or pollution control. It guarantees that the business will comply with all applicable environmental laws and regulations, maintain and restore the environment, and pay for any damages resulting from environmental harm caused by their operations. The bond protects the public and the environment.

An ERISA Bond is a type of surety bond required for businesses that manage employee benefit plans regulated under the Employee Retirement Income Security Act (ERISA). It guarantees that the plan fiduciary will act in accordance with ERISA regulations, manage the plan in the best interest of its participants, and protect the plan’s assets from loss due to fraudulent or dishonest acts. The bond protects plan participants from financial loss resulting from fiduciary misconduct.

A Fast Track Bond is a generic term that refers to bid bonds, supply bonds, maintenance bonds and payment & performance bonds are underwritten using the Fast Track application process. The Fast Track application process is for bids and contracts under $250,000 and relies heavily on the owner’s personal credit history.

A Connecticut Fundraising Counsel or Paid Solicitor Bond is a type of surety bond required by the state for fundraising consultants and solicitors working on behalf of charitable organizations. The bond serves as a financial guarantee that the consultant or solicitor will comply with state regulations, act in good faith, and fulfill their contractual obligations, providing protection against fraudulent or unethical practices.

A Connecticut Homemaker-Companion Agency Bond is a type of surety bond required by the state for businesses that provide homemaker and companion services to individuals in need of assistance with daily tasks. The bond offers financial protection to clients by ensuring that the agency will operate in accordance with state regulations, act in good faith, and handle client funds responsibly, reducing the risk of any potential harm or misconduct.

A Connecticut License & Permit Bond is a type of surety bond required by the state of Connecticut for businesses and professionals to obtain various licenses and permits. This bond guarantees that the bonded party will comply with all relevant laws and regulations, and pay any fines or damages resulting from non-compliance.

A Lost Instrument Bond is a type of surety bond required to replace a financial instrument that has been lost, stolen, or destroyed. It guarantees that the bondholder will indemnify the issuer against any loss or damage resulting from the replacement of the lost instrument. The bond protects the issuer from financial loss.

A Maintenance Bond is a type of surety bond that guarantees the quality of work performed by a contractor or builder. It ensures that the work will be free from defects for a specified period of time after completion, typically one or two years. If defects are discovered during this period, the bondholder can make a claim against the bond for the cost of repairs. The bond protects the owner from financial loss.

A Connecticut Money Transmitter Bond is a type of surety bond required by the state for businesses involved in transmitting money or virtual currency. The bond provides financial protection to customers and the state by ensuring that the money transmitter operates in compliance with state regulations, safeguards client funds, and fulfills contractual obligations, minimizing the risk of any financial harm or fraudulent activities.

A Connecticut Mortgage Broker Bond is a type of surety bond required by the state for individuals or businesses acting as mortgage brokers. The bond offers financial protection to clients and the state by guaranteeing that the broker will comply with state regulations, act in good faith, and handle client funds responsibly, reducing the risk of any potential harm or fraudulent activities.

A Connecticut Motor Vehicle Dealer Bond is a type of surety bond required by the state for individuals or businesses engaged in selling motor vehicles. The bond provides financial protection to customers and the state by ensuring that the dealer will operate in compliance with state laws, fulfill contractual obligations, and compensate for any losses caused by fraudulent activities or failure to comply with regulations.

A Payment and Performance Bond is a type of surety bond that guarantees a contractor’s ability to perform a construction contract and pay subcontractors, laborers, and suppliers. The bond is issued to the owner of the project and protects them in the event that the contractor fails to fulfill their obligations. If the contractor defaults, the bondholder can make a claim against the bond for the cost of completion or payment of subcontractors.

A Connecticut Private Detective &/or Security Service Bond is a type of surety bond required for individuals or businesses operating as private detectives or security service providers in the state. This bond serves as a financial guarantee, ensuring that the licensee will adhere to state regulations, act ethically, and protect clients and their assets from any potential harm or negligence.

A Probate Bond is a type of court bond that is required when someone is appointed as the executor or administrator of an estate. The bond ensures that the executor or administrator will manage the estate’s assets honestly and responsibly, pay all debts and taxes owed by the estate, and distribute the remaining assets to the heirs according to the terms of the will or the law. The bond protects the beneficiaries of the estate from any mismanagement or misconduct.

A Release of Lien Bond is a type of surety bond that guarantees payment of a mechanic’s lien. It allows a property owner to have a lien released from their property before payment is made, with the bond acting as a form of collateral in the event that the lien is later found to be valid. The bond ensures that the property owner is protected from financial loss if the lien is successfully challenged in court.

A Replevin Bond is a type of surety bond that guarantees the return of property to its rightful owner. The bond is typically required when a person seeks a court order to seize property that is believed to belong to them but is currently being held by someone else. If the court orders the return of the property, the bond ensures that the person holding the property is compensated if the order is later found to be invalid.

A Connecticut Secondhand Dealer Bond is a type of surety bond required for businesses engaged in buying and selling secondhand goods, such as pawnbrokers and thrift stores. The bond provides financial protection to customers and the state by ensuring that the dealer will comply with state laws, handle transactions ethically, and compensate for any losses resulting from fraudulent activities or non-compliance.

A Special Needs Trust Bond is a type of court bond required for the appointment of a trustee to manage a special needs trust. This bond ensures that the trustee will handle the trust assets in accordance with the law and the terms of the trust and protect the interests of the beneficiaries.

A Supply Bond is a contract performance bond that guarantees that a supplier will provide the goods or materials as agreed upon in the contract. It provides assurance to the project owner that the supplier will deliver the goods in a timely and satisfactory manner. In the event that the supplier fails to deliver, the bond amount may be used to compensate the project owner for any resulting losses or expenses.

TTB (Alcohol and Tobacco Tax and Trade Bureau) Bonds are required by the federal government for businesses that manufacture, import, export, or deal in alcohol, tobacco, and firearms. These bonds guarantee that the business will comply with all relevant regulations and pay all taxes and fees owed to the government.

A Connecticut Utility Deposit Bond is a type of surety bond used by individuals or businesses when they are unable to provide a cash deposit to a utility company. The bond acts as a financial guarantee that the utility bills will be paid on time. It provides protection to the utility company in case of non-payment or default.