DETERMINING YOUR OHIO BOND TYPE
Looking for fast and easy bonding solutions in Ohio? American Surety Bonds offers a wide range of Ohio 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 Ohio has never been easier. Contact us today to learn more about our Ohio 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.
An Ohio Auction Firm Bond is a type of surety bond required by the state of Ohio for auction firms operating within its jurisdiction. It provides financial protection to clients and ensures compliance with relevant laws and regulations. The bond guarantees that the auction firm will fulfill its obligations ethically and in accordance with state statutes.
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.
An Ohio Boxing, Mixed Martial Arts & Tough Person Promoters Bond is a surety bond required by the state of Ohio for promoters organizing combat sports events. It safeguards the interests of participants and the public by guaranteeing compliance with state regulations. The bond ensures fair and lawful practices in the promotion and execution of such events.
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.
An Ohio Contractor License & Permit Bond is a type of surety bond required for contractors to obtain a license or permit to operate in Ohio. 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.
Credit Service Organization Bond
An Ohio Credit Service Organization Bond is a type of surety bond required by the state of Ohio for credit service organizations operating within its jurisdiction. It offers financial protection to consumers and ensures that the organization complies with applicable laws and regulations. The bond guarantees ethical and responsible business practices in providing credit-related services.
Dishonesty/ Business Services Bond
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.
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.
ERISA Bond
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.
An Ohio License & Permit Bond is a type of surety bond required by the state of Ohio 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.
An Ohio Lottery Bond is a surety bond required by the state of Ohio for individuals or businesses involved in lottery-related activities. It serves as a financial guarantee that the bonded party will comply with state regulations, operate the lottery in a lawful manner, and fulfill their financial obligations to winners and the state.
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.
An Ohio Manufactured Home Dealer or Broker Bond is a surety bond required by the state of Ohio for individuals or businesses engaged in the sale or brokerage of manufactured homes. This bond provides financial protection to consumers by ensuring that the dealer or broker operates in accordance with state laws and regulations, including delivering clear titles and fulfilling contractual obligations.
Manufactured Home Installer Bond
An Ohio Manufactured Home Installer Bond is a surety bond required by the state of Ohio for individuals or businesses involved in the installation of manufactured homes. The bond serves as a guarantee that the installer will comply with applicable laws, regulations, and industry standards, providing protection to consumers against any potential financial losses or damages caused by improper installation practices.
Medical Marijuana Dispensary Bond
An Ohio Medical Marijuana Dispensary Bond is a surety bond mandated by the state of Ohio for businesses operating medical marijuana dispensaries. The bond ensures compliance with state laws and regulations related to the sale and distribution of medical marijuana. It provides financial protection to patients and the state, guaranteeing the dispensary’s adherence to legal requirements and ethical practices.
An Ohio Money Transmitter Bond is a surety bond required by the state of Ohio for businesses engaged in money transmission services. The bond provides financial protection to customers by guaranteeing the lawful and ethical handling of funds by the money transmitter. It ensures compliance with state regulations and serves as a safeguard against potential financial losses or fraudulent activities.
An Ohio Mortgage Lending or Loan Originator Bond is a surety bond required by the state of Ohio for mortgage lenders or loan originators. This bond ensures that the bonded party operates in compliance with state regulations and fulfills their financial obligations to borrowers. It provides protection to borrowers against any fraudulent or unethical practices in the mortgage lending industry.
An Ohio Motor Vehicle Dealer Bond is a surety bond required by the state of Ohio for individuals or businesses engaged in the sale, purchase, or exchange of motor vehicles. The bond provides financial protection to customers by ensuring that the dealer operates in accordance with state laws and regulations, including delivering clear titles and fulfilling contractual obligations.
Motor Vehicle Fuel Bond
An Ohio Motor Vehicle Fuel Bond is a surety bond required by the state of Ohio for businesses involved in the distribution, sale, or storage of motor vehicle fuel. The bond serves as a guarantee that the bonded party will comply with state laws and regulations regarding the proper handling, reporting, and payment of motor vehicle fuel taxes. It provides financial protection to the state and helps ensure fair and lawful practices in the motor vehicle fuel industry.
Oil & Gas Wells Bond
An Ohio Oil & Gas Wells Bond is a surety bond mandated by the state of Ohio for individuals or businesses involved in the drilling, operation, or maintenance of oil and gas wells. The bond ensures compliance with state regulations and provides financial protection to landowners, the environment, and the state, guaranteeing the fulfillment of obligations related to well operations and environmental remediation.
Pawnbroker Bond
An Ohio Pawnbroker Bond is a surety bond required by the state of Ohio for individuals or businesses engaged in pawnbroking activities. The bond provides financial protection to customers by ensuring that the pawnbroker operates in compliance with state laws and regulations, safeguarding against fraudulent or unethical practices. It guarantees the fair treatment of customers and proper handling of pawned items.
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.
Precious Metals Dealer Bond
An Ohio Precious Metals Dealer Bond is a surety bond required by the state of Ohio for businesses involved in the buying and selling of precious metals. The bond serves as a financial guarantee that the dealer will comply with state regulations and conduct their operations ethically, protecting customers against fraudulent activities and ensuring fair transactions involving precious metals.
An Ohio Private School Certificate of Registration Bond is a surety bond required by the state of Ohio for private schools seeking certification of registration. The bond ensures that the private school complies with state regulations, including the proper management of finances, adherence to educational standards, and fulfillment of obligations to students and parents. It provides financial protection to students and parents in the event of any violations or misconduct by the private school.
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.
Professional Solicitor & Fundraising Counsel Bond
An Ohio Professional Solicitor & Fundraising Counsel Bond is a surety bond required by the state of Ohio for professional solicitors and fundraising counsel. The bond provides financial protection to donors and charitable organizations by guaranteeing that the solicitor or counsel will operate in accordance with state regulations, conduct ethical fundraising practices, and fulfill their contractual obligations.
An Ohio Public Insurance Adjuster Bond is a surety bond required by the state of Ohio for individuals or businesses acting as public insurance adjusters. The bond ensures that the adjuster operates in compliance with state laws and regulations, protects the interests of policyholders, and handles insurance claims ethically and responsibly. It provides financial protection to clients against any misconduct or negligence by the adjuster.
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.
Sewage Treatment System Bond
An Ohio Sewage Treatment System Bond is a surety bond required by the state of Ohio for businesses involved in the installation, maintenance, or repair of sewage treatment systems. The bond ensures compliance with state regulations and guarantees that the bonded party will fulfill their contractual obligations, including proper installation and adherence to environmental and safety standards. It provides financial protection to customers and the state in case of any damages or failures related to sewage treatment systems.
Short-Term Lender Bond
An Ohio Short-Term Lender Bond is a surety bond required by the state of Ohio for businesses engaged in short-term lending activities, such as payday loans or cash advances. The bond ensures compliance with state laws and regulations, protecting borrowers from unfair practices and providing financial recourse in case of non-compliance or financial harm caused by the lender.
Skilled Home Health Services Bond
An Ohio Skilled Health Services Bond is a surety bond required by the state of Ohio for businesses providing skilled health services, such as home healthcare or skilled nursing facilities. The bond ensures compliance with state regulations, protects patients from misconduct or negligence, and provides financial recourse in case of any harm caused by the bonded party’s actions or omissions.
Special Hauling Permit Bond
An Ohio Special Hauling Permit Bond is a surety bond required by the state of Ohio for individuals or businesses obtaining special hauling permits for the transportation of oversized or overweight loads. The bond ensures that the permit holder complies with state regulations, protects public infrastructure, and covers any potential damages caused during the permitted hauling activities.
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.
An Ohio Surplus Lines Broker Bond is a surety bond required by the state of Ohio for individuals or businesses acting as surplus lines brokers. The bond ensures that the broker operates in compliance with state regulations, protects policyholders’ interests, and handles surplus lines insurance transactions in a responsible and ethical manner. It provides financial protection to clients against any fraudulent or negligent acts by the broker.
An Ohio Telephone Solicitor Bond is a surety bond required by the state of Ohio for businesses engaged in telephone solicitation activities. The bond ensures compliance with state laws and regulations, protecting consumers from deceptive practices and unwanted solicitations. It provides financial recourse to individuals who suffer financial losses due to the actions of the bonded telephone solicitor.
Third Party Processing &/or Underwriting Company Bond
An Ohio Third Party Processing &/or Underwriting Company Bond is a surety bond required by the state of Ohio for companies engaged in third-party processing and/or underwriting activities. The bond ensures compliance with state regulations, protects clients from potential financial losses, and guarantees the proper handling and processing of transactions. It provides financial security to clients in case of any errors, omissions, or fraudulent activities by the bonded company.
Title Agent Bond
An Ohio Title Agent Bond is a surety bond required by the state of Ohio for individuals or businesses acting as title agents. The bond ensures compliance with state laws and regulations governing title insurance transactions, protecting the interests of buyers, sellers, and lenders. It provides financial recourse in case of any fraudulent or negligent actions by the bonded title agent.
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.
An Ohio Utility Bond is a type of surety bond that is required of companies that provide utility services to residents and businesses in the state of Ohio. The bond guarantees that the utility company will comply with all applicable state and federal regulations and will provide reliable and safe services to its customers.