Surety Bonds, Performance Bonds, and Fidelity Bonds
Welcome to Viking Bond Service, Inc. Whether you are an Insurance Agent or client direct, our Surety Bond and Fidelity Bond Agents are eager to assist you. Viking Bond Service, Inc. provides Surety Bonds of all sizes and types for clients from coast to coast. We can quote Surety Bonds for clients with good credit or bad credit in most situations. Our Contract Surety Bond Department is also ready to process your Bid, Payment, and Performance Surety Bond requirements.
Welcome to Viking Bond Service, Inc. Whether you are an Insurance Agent or client direct, our Surety Bond and Fidelity Bond Agents are eager to assist you. Viking Bond Service, Inc. provides Surety Bonds of all sizes and types for clients from coast to coast. We can quote Surety Bonds for clients with good credit or bad credit in most situations. Our Contract Surety Bond Department is also ready to process your Bid, Payment, and Performance Surety Bond requirements.
Get Started
Call Us Toll Free:
888-2-SURETY
(888-278-7389)
888-2-SURETY
(888-278-7389)
Agents
New Business?
License & Permit Surety Bonds
Performance Surety Bonds
Auto Dealer Surety Bonds
Insurance Agents:
Agents, fulfill your client’s Surety Bond requirements through Viking Bond Service, Inc. No appointment is required and Agents
do receive commissions.
Viking Bond Service is a nationwide Surety Bond, Fidelity Bond, and Performance Bond Agency that handles all types and amounts of Surety Bonds. Viking offers approvals on nearly all of the Surety Bond requests that we receive. We have programs available for clients who would not normally qualify for most standard markets due to credit or financial deficiency.
Make Viking Bond Service, Inc. your #1 resource for your Client’s Surety Bond needs.
Contact Viking Bond Service, Inc. for a Surety Bond quote.
Agents, fulfill your client’s Surety Bond requirements through Viking Bond Service, Inc. No appointment is required and Agents
do receive commissions.Viking Bond Service is a nationwide Surety Bond, Fidelity Bond, and Performance Bond Agency that handles all types and amounts of Surety Bonds. Viking offers approvals on nearly all of the Surety Bond requests that we receive. We have programs available for clients who would not normally qualify for most standard markets due to credit or financial deficiency.
Make Viking Bond Service, Inc. your #1 resource for your Client’s Surety Bond needs.
Contact Viking Bond Service, Inc. for a Surety Bond quote.
Are you starting a New Business?
Viking Bond Service, Inc. has experienced Surety Bond Professionals who can help Business Start Ups navigate
the Surety Bonding process. Many business owners require Surety Bonds for licenses or permits, while others are required by courts or state
entities. Viking is licensed nationwide to write Surety Bonds and has clients large and small, from coast to coast coming back
each time a Surety Bond is needed for their business.
Surety Bond requests are processed quickly and most can be approved same day for our clients.
Contact Viking Bond Service, Inc. for a Surety Bond quote.
Viking Bond Service, Inc. has experienced Surety Bond Professionals who can help Business Start Ups navigate
the Surety Bonding process. Many business owners require Surety Bonds for licenses or permits, while others are required by courts or state
entities. Viking is licensed nationwide to write Surety Bonds and has clients large and small, from coast to coast coming back
each time a Surety Bond is needed for their business.Surety Bond requests are processed quickly and most can be approved same day for our clients.
Contact Viking Bond Service, Inc. for a Surety Bond quote.
License & Permit Surety Bonds:
Viking Bond Service handles all types of License Surety Bonds for clients in many classes of business. Many types of businesses
require License Surety Bonds as per state requirements. Licensees are required to maintain their license and Surety Bond from year to year.
Viking is licensed nationwide to write License Surety Bonds and has clients of all sizes, from coast to coast coming back each time
a License Surety Bond is needed for their business or for expansion into additional states. License Sruety Bond requests are processed
quickly and most can be approved the same day for our clients.
Contact Viking Bond Service, Inc. for a License & Permit Surety Bond quote.
Viking Bond Service handles all types of License Surety Bonds for clients in many classes of business. Many types of businesses
require License Surety Bonds as per state requirements. Licensees are required to maintain their license and Surety Bond from year to year.
Viking is licensed nationwide to write License Surety Bonds and has clients of all sizes, from coast to coast coming back each time
a License Surety Bond is needed for their business or for expansion into additional states. License Sruety Bond requests are processed
quickly and most can be approved the same day for our clients.Contact Viking Bond Service, Inc. for a License & Permit Surety Bond quote.
Performance Surety Bonds:
At Viking, we offer access to nearly all Contract Surety Bond markets in the United States and have a dedicated team who
specializes in and works solely on Contract & Performance Surety Bonds. Whether it's a Bid Bond, Performance & Payment Bond,
Subdivision Bond, Maintenance Bond, Warranty Bond or Reclamation Bond, our Contract Bond Department is ready to assist.
Our Contract Surety Bond professionals offer a preliminary evaluation of risk based on a few basic aspects and minimal items.
With this in mind we can usually offer basic ballpark terms to clients BEFORE going through all of the steps of applying
for the Surety Bond and supplying information. We also have quick & easy programs for smaller Contract Surety Bonds! Ask one of our
Contract Surety Bond specialists today!
Contact Viking Bond Service, Inc. for a Bid Bond, Payment and Performance Surety Bond quote.
At Viking, we offer access to nearly all Contract Surety Bond markets in the United States and have a dedicated team who
specializes in and works solely on Contract & Performance Surety Bonds. Whether it's a Bid Bond, Performance & Payment Bond,
Subdivision Bond, Maintenance Bond, Warranty Bond or Reclamation Bond, our Contract Bond Department is ready to assist.
Our Contract Surety Bond professionals offer a preliminary evaluation of risk based on a few basic aspects and minimal items.
With this in mind we can usually offer basic ballpark terms to clients BEFORE going through all of the steps of applying
for the Surety Bond and supplying information. We also have quick & easy programs for smaller Contract Surety Bonds! Ask one of our
Contract Surety Bond specialists today!
Contact Viking Bond Service, Inc. for a Bid Bond, Payment and Performance Surety Bond quote.
Auto Dealer Surety Bonds:
Motor Vehicle Dealers of many types and in most states are required
to post a Surety Bond to coincide with their license. Viking Bond Service handles
Auto Dealer Surety Bonds for clients in all fifty states. Whether you are a
start-up dealer licensee or established dealer who is looking to move
their Surety Bond business, Viking is licensed nationwide to write Auto Dealer Surety Bonds
and is ready to assist. Auto Dealer Surety Bond requests are processed quickly and
most can be approved same day for our clients. Many Auto Dealer Surety Bond
requests can be approved based on credit alone, or with minimal information.
Contact Viking Bond Service, Inc. for a Motor Vehicle Dealer Surety Bond quote.
Motor Vehicle Dealers of many types and in most states are required
to post a Surety Bond to coincide with their license. Viking Bond Service handles
Auto Dealer Surety Bonds for clients in all fifty states. Whether you are a
start-up dealer licensee or established dealer who is looking to move
their Surety Bond business, Viking is licensed nationwide to write Auto Dealer Surety Bonds
and is ready to assist. Auto Dealer Surety Bond requests are processed quickly and
most can be approved same day for our clients. Many Auto Dealer Surety Bond
requests can be approved based on credit alone, or with minimal information.Contact Viking Bond Service, Inc. for a Motor Vehicle Dealer Surety Bond quote.
What You should know...
What is a Surety Bond?
What is a Surety Bond? :
The term "Surety Bond" is used to describe many different types of bonds. Surety Bonds are three party agreements. The parties are:
The term "Surety Bond" is used to describe many different types of bonds. Surety Bonds are three party agreements. The parties are:
- Principal - primary person or entity who is financially liable under the Surety Bond obligation.
- Obligee - party who is the recipient of the obligation and protected by the Surety Bond.
- Surety - ensures (guarantees) that the principal's obligations under the Surety Bond will be adhered to. Sureties are similar to (sometimes divisions of) insurance companies.
Determine the type of Surety Bond you need:
There are specific types of Surety Bonds that fall into some general categories.
Commercial / License and Permit Surety Bonds - License and Permit Surety Bonds are a general class of Surety Bonds required of a person or entity to obtain a license or a permit in any city, county, or state.
Contract / Bid, Performance and Payment Surety Bonds – A Performance Surety Bond is a Surety Bond issued to guarantee satisfactory completion of a project by a Contractor.
A Payment Surety Bond is a Surety Bond issued to guarantee payment to all Subcontractors and Suppliers hired by the Principal to to complete the contract.
A Bid Surety Bond guarantees that a Contractor who is awarded a project on which he placed a bid will be able to post a Performance Surety Bond as required and proceed with the project.
Court Surety Bonds and Probate Surety Bonds - A Court Surety Bond is a generic term for many types of Surety bonds required by the court system. Examples include: Appeal Surety Bonds, Fiduciary Surety Bonds, Executor Surety Bonds, Administrator Surety Bonds, Release of Lien Surety Bonds, and Replevin Surety Bonds..
Fidelity Bonds (Dishonesty Bonds) - A fidelity bond is a form of protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees. There are many types of fidelity bonds available to different types of businesses.
There are specific types of Surety Bonds that fall into some general categories.
Commercial / License and Permit Surety Bonds - License and Permit Surety Bonds are a general class of Surety Bonds required of a person or entity to obtain a license or a permit in any city, county, or state.
Contract / Bid, Performance and Payment Surety Bonds – A Performance Surety Bond is a Surety Bond issued to guarantee satisfactory completion of a project by a Contractor.
A Payment Surety Bond is a Surety Bond issued to guarantee payment to all Subcontractors and Suppliers hired by the Principal to to complete the contract.
A Bid Surety Bond guarantees that a Contractor who is awarded a project on which he placed a bid will be able to post a Performance Surety Bond as required and proceed with the project.
Court Surety Bonds and Probate Surety Bonds - A Court Surety Bond is a generic term for many types of Surety bonds required by the court system. Examples include: Appeal Surety Bonds, Fiduciary Surety Bonds, Executor Surety Bonds, Administrator Surety Bonds, Release of Lien Surety Bonds, and Replevin Surety Bonds..
Fidelity Bonds (Dishonesty Bonds) - A fidelity bond is a form of protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees. There are many types of fidelity bonds available to different types of businesses.
Who is Requiring the Surety Bond? :
Typically, the Obligee is the party requiring the Surety Bond. The Obligee is the party who is the recipient of the obligation. Under the Bond, the Obligee is the party that is protected from loss.
On Commercial / License and Permit Surety Bonds, the Obligee is typically a City, County, or State.
On Contract / Bid, Payment and Performance Surety Bonds, the Obligee is typically the party that solicited the contracted job. A General Contractor’s Obligee would be the Company or individual who solicited the contracted job. A Subcontractor’s Obligee would be the Contractor that solicited the contracted job.
Typically, the Obligee is the party requiring the Surety Bond. The Obligee is the party who is the recipient of the obligation. Under the Bond, the Obligee is the party that is protected from loss.
On Commercial / License and Permit Surety Bonds, the Obligee is typically a City, County, or State.
On Contract / Bid, Payment and Performance Surety Bonds, the Obligee is typically the party that solicited the contracted job. A General Contractor’s Obligee would be the Company or individual who solicited the contracted job. A Subcontractor’s Obligee would be the Contractor that solicited the contracted job.
What Bond Amount is Required? :
One of the first questions to ask when it becomes known that a Surety Bond is required is, what is the Bond amount. In some cases, our seasoned staff at Viking Bond Service, Inc. can provide this information on common Surety Bond types, typically required by government entities. However, the best source for this information will always be the party requiring the Surety Bond.
One of the first questions to ask when it becomes known that a Surety Bond is required is, what is the Bond amount. In some cases, our seasoned staff at Viking Bond Service, Inc. can provide this information on common Surety Bond types, typically required by government entities. However, the best source for this information will always be the party requiring the Surety Bond.
Does the Obligee require their own Bond Forms? :
In most cases, the Obligee requires the Surety Company to use specific language in the Surety Bond, which they provide by way of a Bond form. The Bond form is not to be filled out by the client, but instead forwarded on to Viking Bond Service, Inc. so that we may provide it to the Surety Company for approval and completion. It is extremely important that the proper language, or Bond form, is used to issue the Bond in order to ensure Obligee acceptance of the Surety Bond.
Viking Bond Service, Inc. keeps a library of Bond forms for some of the Obligees who routinely require Surety Bonds on their own Bond forms, typically Government entities. If our client’s Surety Bond requires one of these forms, we can save the client a step by pulling the form from our library.
In cases where no specific Bond form is required, Viking will use our own in-house bond forms tailored to the type of Surety Bond our client needs.
In most cases, the Obligee requires the Surety Company to use specific language in the Surety Bond, which they provide by way of a Bond form. The Bond form is not to be filled out by the client, but instead forwarded on to Viking Bond Service, Inc. so that we may provide it to the Surety Company for approval and completion. It is extremely important that the proper language, or Bond form, is used to issue the Bond in order to ensure Obligee acceptance of the Surety Bond.
Viking Bond Service, Inc. keeps a library of Bond forms for some of the Obligees who routinely require Surety Bonds on their own Bond forms, typically Government entities. If our client’s Surety Bond requires one of these forms, we can save the client a step by pulling the form from our library.
In cases where no specific Bond form is required, Viking will use our own in-house bond forms tailored to the type of Surety Bond our client needs.
