Surety Bonds

Surety Bonds

A surety bond is a three-party guarantee that you'll meet an obligation — to a government agency, a project owner, or a court. As an independent agency, Rhino Insurance places bonds through multiple surety markets so you get the right bond at a competitive rate, often with same-day issuance for standard amounts.

What surety bonds cover

License & permit bonds

Required by states, cities, and licensing boards before you can operate — common for contractors, auto dealers, mortgage brokers, and many trades.

Contract & construction bonds

Bid, performance, and payment bonds that guarantee you'll complete a project and pay your subcontractors and suppliers as agreed.

Court & probate bonds

Judicial bonds such as appeal, guardianship, executor, and administrator bonds required by a court before you can act in a legal matter.

Notary & fidelity bonds

Notary bonds required to commission as a notary, plus fidelity bonds that protect a business against employee dishonesty and theft.

What to consider

Why the right coverage matters

Fast-growing construction and trade markets across the West mean contractors and new businesses often need a bond quickly to pull a permit, win a bid, or get licensed. We shop multiple surety markets so you can get bonded without slowing the job down.

Coverage options we shop

  • License & permit bonds
  • Contract bonds (bid, performance, payment)
  • Court & probate / judicial bonds
  • Notary bonds
  • Fidelity bonds
FAQ

Surety Bonds questions

How is a surety bond different from insurance?

Insurance protects you against your own losses. A surety bond protects a third party — the obligee — if you fail to meet an obligation. If the surety pays a claim, you're responsible for repaying it. We help you put the right bond in place and keep your premium low.

How much does a surety bond cost?

You typically pay a percentage of the total bond amount each year. For most license and permit bonds with good credit, that's a small fraction of the bond amount. We compare surety markets to get you the best rate for your bond type and amount.

How fast can I get bonded?

Many standard license, permit, and notary bonds can be issued the same day. Larger contract bonds require some financial review, but we move quickly so you can pull the permit or submit the bid on time.

Need a surety bond?

Tell us the bond type and amount and we'll shop multiple surety markets to get you bonded quickly at a competitive rate.