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Choose Sharp Bail Bonding for an experienced, professional and confidential bail bonding representative. Offering over 12 years of experience serving the Eastern North Carolina area in bail bonds.
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S.O.S. Surety Bonds Services, Bonding Services, Bail Bonds Services, Court surety Bond, nationwide surety bonds, nationwide bonding services, nationwide bail bonds, immigration bonding, immigration bail bonds, probate bonds,S.O.S. Bonding and Insurance Agency
Need a Surety Bond Fast? Get Approved Fast for Your Surety Bond Request. We offer the Fastest Turnaround Time in the Surety Bond Industry.
Medicare DMEPOS Bond
Janitorial Service Bond, Signed
L & P Bond, Signed
Lost Instrument Bond, Signed
Name Schedule Fidelity Bond
Notary Public E & O Group Policy, Signed
Power of Attorney (Irrevocable/R-Series)
Public Official Position Schedule Bond
Self-Service Laundries and/or Dry Cleaners
Compliance Bond
For-Hire Vehicle Base Station License Bond
One Location Street Obstruction Bond
Other Than One Location Street Obstruction Bond
Third Party, Signed
Home Improvement Contractor Bond
Bond of Administrator or Executor, Signed
Certificate of Title Bond
Games of Chance Surety Bond
Guardian Bond, Signed
Guardian of Infant Bond, Unsigned
Independent/Public Adjuster's Bond, Signed
Janitorial Service Bond
Liquor Bond Rider -- 2-part form
Liquor Bond, Signed
Mortgage Broker Bond
Motor Vehicle Dealer Bond
Notary Public E & O Policy
Performance Bond (DOT)-Highway Permit
Plaintiff's Bond for Order of Seizure, Signed
Plaintiff's Undertaking on Attachment, Signed
Plumber's Bond (New York City)
Private Investigator, Watch Guard, Health Club
Public Official's Bond, Signed
Stay of Enforcement Bond, Unsigned
City & County License & Permit Bonds
Mortgage Broker Surety Bonds
Guardianship Bonds
Court Probate or Fiduciary Bonds
Collection Agency Surety Bonds
Detective Agency Surety Bonds
Bounty Hunter License Surety Bonds
Janitorial Services Surety Bonds
Contractor Surety Bonds
Bid & Performance Surety Bonds
Electrical Contractor Bonds
Plumber Contractor Surety Bonds
Employment Agency Surety Bonds
Motor Vehicule Dealer Surety Bonds
Pawnbroker Surety Bonds
Public Offical Surety Bonds
Public Adjuster Surety Bonds
Immigration Bail Bonds
Types of Surety Bonds we do:
Administrator Bond
Guarantees that an administrator will act in good faith. Example: An administrator / executor will properly administer a decedent's estate in according with the laws and orders of the court.
Appeal Bond
Guarantees payment of a final judgement when an appeal is filed
Auctioneer Bond
Bid and Performance Bond
Guarantees the faithful performance of a contractor. When a contractor bids for a municipal, county, state or public job the bid must be accompanied by a bid bond (typically for 10% of the amount of the job). This bond states that if the contract is awarded to the contractor (lowest bidder) then he cannot back out but must perform. Upon winning of the bid, a performance bond must be submitted guaranteeing that the contractor will perform the job in full.
Bounty Hunter License Bond
Learn more or purchase a: Bounty Hunter License Bond (Cost is $175.00 for the Two Year Term)
Burglar Alarm Agency License Bond
Learn more or purchase a: Burglar Alarm Agency License Bond (Cost is $100.00 for the One Year Term)
Cigarette / Cigar / Tobacco Tax Bond
Guarantees that the retailer / wholesaler will pay the appropriate taxes to the State.
Contractor Bond or Contract Bond
Court Bond
Contract postal unit bonds
required of small businesses in rural areas which act as a rural post office. Guarantees payment of money, stamps, and money orders will be paid to the US Postal Service.
Contractor License Bond
many towns require a contractor to have a permit bond to work in that town. Jersey City requires a bond from all contractors who are not licensed by the state (Electrical and Master Plumbers)
Collection Agency License Bond
Learn more or purchase a: Collection Agency License Bond (Cost is $100.00 for the One Year Term)
Customs Bond
Principal will redeliver any goods that the US Customs Service determines were illegally imported, pay all duties, taxes, fees, charges, etc.
Detective Agency License Bond
Learn more or purchase a: Detective Agency License Bond (Cost is $175.00 for the Two Year Term)
DMEPOS Medicare$ 50,000 Surety Bond
Learn more or purchase a: Medicare DMEPOS Surety Bonds (Cost is $250. for the ONE Year Term)
NJ Electrical Contractor License Bond
The New Jersey Division of Consumer Affairs, Board of Electrical Contractors requires all Electrical Contractor Business Permit holders to purchase a $1,000. Surety bond. This bond guarantees the good faith of the electrician to perform the job for the public.
Learn more or purchase a: NJ Electrical Contractor License Bond (Cost is $50. for the Three Year Term)
Employee Dishonesty Bond
Guarantees against the dishonest acts of employees. Guarantees to the employer for the dishonest acts of employees. If an employee steals money from the employer and it cannot be recovered.
ERISA Bond
(Employee Retirement Income Security Act) Businesses that have a profit sharing plan by law are required to carry an ERISA bond. This bond guarantees the good faith of the administrators of the plan.
Excise Bond
Business that are required to pay taxes to the Federal Government to maintain a license. Distillers, brewers, wine makers, or transporters of these products.
Executor Bond
Guarantees the faithful performance of an executor / executrix named in a will.
Fiduciary Bond
A fiduciary is a person appointed to handle the financial affairs of another who is incapable of handling his own affairs for one reason or another. If the person is a minor or an incompetent person, the fiduciary is called a guardian. If the person is deceased, the fiduciary is called an administrator or executor. If it is a business and the assets are to be distributed amongst its creditors, the fiduciary is called the receiver.
Fiduciaries are usually appointed by the courts. The court appoints a fiduciary when there are assets such as money, securities, real estate, etc. to be distributed. Fiduciary bonds are issued to guarantee the faithful performance of the fiduciaries. The fiduciary is responsible for faithfully performing his duties as specified by the court which appointed him. Often, a fiduciary seeks legal counsel to advise them, therefore reducing their risk and the risk of the insurance company which provided the bond.
Financial Guarantee Bond
A bond guaranteeing that the payments of sums of money *usually for taxes) will be made.
Fire Alarm Agency License Bond
Learn more or purchase a: Fire Alarm Agency License Bond (Cost is $100. for the One Year Term)
Fringe Benefit Bond
basically the same as a Wage and Benefit bond. Guarantees to a local union that fringe benefits, such as health benefits will be paid
Fuel use Tax Bond
Guarantees that the gasoline or fuel retailer or wholesaler will pay the state their tax.
Guardianship - Guardian Bond
Guarantees to the court that the guardian of a minor or incompetent will act in good faith
Immigrant bonds or Immigration bonds
Refers to migratory workers, students, visiting aliens guaranteeing they they will return to thier countries
Importer Bond
Guarantees that the taxes will be paid to the State or Federal Government
Incompetetent Bond
Guarantees that the affairs of an incompetent will be faithfully administered as appointed by the court.
Janitorial Service Bond
If the owner and employees of a janitorial business are found guilty of theft of a client, then this bond will guarantee payment to the client equal to the loss or to the limit of the bond.
License and Permit Bond
many municipalities and counties require that a contractor purchase a bond in order to work in the jurisdiction. License and permit bonds are usually classified into three classifications, Compliance, third-party protection and guarantee of payments. Requires that the licensed individual operate under the laws and statutes governing that license. Third-party coverage protects the consumer from harmful acts or misrepresentation of licensee. Guarantee of payments ensures that the licensee will pay the required fees and taxes in accordance with the license requirements
Locksmith Agency License Bond
Learn more or purchase a: Locksmith Agency License Bond (Cost is $100.00 for the One Year Term)
Lost Instrument Bond
Indemnifies the issuer of a duplicate security against claims from anyone claiming to be the owner of the original instrument - security - stock certificate, etc.
Medicare DMEPOS 50,000 Surety Bond
Learn more or purchase a: Medicare DMEPOS Surety Bonds (Cost is $250. for the ONE Year Term)
Mortgage Banker Surety Bond, Mortgage Broker Surety Bond and Mortgage Lender Surety Bonds
New Jersey $100,000 NJ Mortgage Broker Surety Bond for One Year 2000.00
Learn more or purchase a: Mortgage Broker Surety Bond ( ONE Year Term Bond)
Permit and License Bond
many municipalities and counties require that a contractor purchase a bond in order to work in the jurisdiction.
License and permit bonds are usually classified into three classifications, Compliance, third-party protection and guarantee of payments. Requires that the licensed individual operate under the laws and statutes governing that license. Third-party coverage protects the consumer from harmful acts or misrepresentation of licensee. Guarantee of payments ensures that the licensee will pay the required fees and taxes in accordance with the license requirements.
Plumbing Contractor License Bond
The New Jersey Division of Consumer Affairs, Board of Master Plumbers requires all licensed plumbers to purchase a $3,000. Surety bond. This bond guarantees the good faith of the plumber to perform the job for the public.
Learn more or purchase a: NJ Plumbing Contractor License Bond (Cost is $50.00 for the Two Year Term)
Private and public borrowers
required of private businesses and public borrowers who have obtained grants or loans from the Farmers Home
Probate Bond
Administration Guarantees the estate of a deceased person, minor or incompetent will be faithfully administered as appointed by the court.
Security Agency License Bond
Learn more or purchase a: Security Agency License Bond (Cost is $175.00 for the Two Year Term)
Site Plan - Site Improvement Bond
Guarantees a developer will faithfullly perform the specifications set forth in the subdivision or site plan such as curb, sidewalk, road, and utilities installation.
Street Opening Bond - Road Opening Bond
Guarantees at a contractor or developer will close up the street propertly. When there is digging in the road to install a water, sewer or other utility line the town, county or state will often require a bond so that the contractor properly closes and paves the street.
Subdivision Bond
Guarantees a developer will faithfullly perform the specifications set forth in the subdivision plan such as curb, sidewalk, road, and utilities installation.
Trustee Bond - Will
Guarantees faithful performance of the trustee named in a will.
Wage and Welfare Bond - Wage and Benefit Bond
Guarantees that the contractor will pay the local union their dues and wages to the employee
Fidelity Bonds Fidelity bonds are technically a form of surety bonds, but are usually considered a distinct product in common usage. They are issued as a guarantee against loss due to employee dishonesty. As such, they are an important part of a company's insurance program; because they cover areas not covered in the company's liability and property coverages. For many businesses, employee's dishonest acts are a principal area of their insurable risks, and fidelity bonds can provide their principal insurance protection.insurance vs Bonds
Insurance:
is a TWO party contract between the insurance company and the insured. Insurance protects the insured. (Example: John does purchase an insurance policy for his home. The insurance company will pay John if his house burns down.)
A Bond
is THREE party contracts between
1) person or company (principal, who usually purchases the bond)
2) bonding or surety company
3) entity (obligee) requiring the bond.
Bonds protect the obligee. (Example: John Doe Inc. purchases a bond as required by law because he his building a municipal sewer plant. John has trouble and defaults on the job. The bonding company pays the municipality when John defaults.)
Suretyship
is when one answers for the debt, default or miscarriage of another; in a word, a guarantee. A bond is a three party contract. The parties are the Principal, the Surety and the Obligee.
In insurance, the company contracts only with the insured. If he violates that contract (fails to pay the premium, falsifies an application, etc.), it well may void the contract or give cause for terminating it.
In bonding, the misconduct of one party (the principal) has no bearing on the obligee.
The surety is still bound by the contract, even if it collects no premium, is lied to, or otherwise defrauded. Needless to say, fraud is much more dangerous to the bonding company than it is to insurance.
Therefore, we must evaluate the facts before the surety (bonding company) agrees to issue a bond.It is well to note that the principal's obligation is always primary to the surety (bonding company). The surety (bonding company) is guaranteeing what he will or will not perform, never any more. Therefore, the surety cannot sustain a loss until the principal self has failed, and we always have recourse against him and his assets after making a payment.
Think of bonding as a service, lending its name, stability and assets to back up or guarantee the principal. This is not insurance, a loss pool based on the law of large numbers. The rate make-up is not calculated on pooling funds for loss payment, but is calculated as a service charge. Excepting fidelity, which is more like insurance.
What Can Be Guaranteed Under a Bond?
Legally, almost anything. Usually, there must be dollar damage involved and it must be something over which the principal exercises a degree of control. You could not obtain a bond guaranteeing that it would not rain the following day. Although there may be dollar damage to an
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