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Surety bonds are a specific type of contract between three entities. The surety (the bonding company), the principal (yourself), and the obligee (the entity needing the bond). In the end, the surety must guarantee to the obligee that the principal is prepared to act according to the terms determined by the bond.
If you need a surety bond, you must know that there are different types. Since they are complicated to manage, it is best to talk to a professional who is able to understand your particular situation. Our agents in San Marcos, TX, can help you organize all the information to help you choose the one that fits your needs.The types of bonds that you can get include: