American Surety Bonds Agency, LLC provides simplified and fast underwriting for DOD Bonds.
A DOD (Department of Defense) bond is a performance required by the Surface Deployment and Distribution Command (SDDC) for all carriers hauling military freight. The bond guarantees that the carrier will deliver the product according to the contract they have with the SDDC.
Bond amounts vary as follows:
- $25,000 for transporting in one state
- $50,000 for transporting in up to five states
- $100,000 for transporting nationwide
Other types :
- Freight Forwarded Bond
- Government Bond
- Department of Defense Bond
What are the underwriting guidelines?
DOD Bonds are underwritten on the following criteria:
- Bond Amount
- Corporate and Personal Credit History
- Corporate and Personal Net Worth
- Length of Time in Business
How much does the bond cost?
American Surety Bonds Agency has a number of programs in place for DOD Bonds,Our 5 tiered programs start at less than 1% of the bond amount with competitive rates for all applicants.
Contact us today to find out which program you qualify for.
How do I apply for a Bond?
To apply , simply complete the bond application. Click here to download application our application and e-mail, fax or mail your application back to us to get started. Or, give us a call and we will be happy to get you started.
Apply today, Approved Today!
Who can I contact for more information?
MM, Senior Underwriter
Are there any other bonds I might need?