Welcome to Meadowbrook Direct
Surety bonds are contracts between three parties, and the purpose of the contract is to guarantee that one party performs the duties laid out in the contract. The three parties involved are the:
- Principal: the person who owes an obligation and who posts the bond
- Obligee: the person to whom an obligation is owed
- Surety: the company that guarantees the obligation will be fulfilled
If the principal defaults, the surety company either pays the claim or fulfills the obligation and the principal then owes the surety company for the claim. The major benefit of a surety bond is that it ensures the work will conform to the rules and regulations that govern it, and the obligee takes no risks and incurs no losses.
Commercial Surety Bonds
We offer Compliance License & Permit Bonds, Public Official Bonds, Court Bonds, Probate & Fiduciary Bonds, and Miscellaneous Commercial Surety Bonds Online and Direct to the principal. We deliver fully executed bonds electronically and on paper, crimped bonds are available upon request. We want to get you your bond as fast as possible, so you can keep working and save money.
Trusted Bond Market
We have been in the Surety business since 1978, providing financially secure bonds to those that require them. By virtue of our financial strength and licenses, we can handle all your commercial surety needs. We are included on the U.S. Department of the Treasury’s Listing of Approved Sureties (Department Circular 570) to write bonds as large as $31,000,000, and we are licensed to transact business in every state and the District of Columbia. As part of the Meadowbrook Insurance Group family we are supported by an organization with nearly $500 million in surplus and a network of support functions.
Great Service & Low Prices
Our team of professionals are standing by to assist you, and our new underwriting system means that you get your surety bonds faster. Did we mention our prices will be 25% lower than anywhere else? Since dealing with us means dealing directly with the carrier, the transaction is less expensive. We pass this savings along to you!
Commercial Surety Bonds, save 25% going direct.
Surety Bond Resource
Shop Now
Our simple, easy system allows you to have a surety bond faster and cheaper than ever. We deliver all of our Compliance License & Permit Bonds, Public Officials Bonds, Court Bonds, Probate/Fiduciary Bonds, and Miscellaneous Commercial Surety Bonds within one business day. Our staff of professionals are standing by to assist and answer all of your questions.
Speak with an Expert
We have been in the surety business since 1978 and are ready to answer your questions. Anything from systems assistance to bond form questions, underwriting requirements to general questions, we are here to help. Our team of experts are standing by Monday-Friday 7:00 AM to 5:00 PM EST ready to assist you in all of your commercial surety needs.
Bond Resources
Surety can be confusing and is often misunderstood. It’s usually thought of as insurance because most surety companies are also insurance companies. Surety is actually closer to credit or a loan than it is to insurance. In our bond resource center you will find information, FAQs and links that will help you understand and navigate the world of surety.
The Need for a Surety Bond
While surety bonds are sometimes used to guarantee that a financial debt will be paid, they can also be used to ensure that a principal:
- Meets the terms of a contract
- Fulfills certain obligations on timer
- Complies with certain laws or regulations
- Performs duties honestly and faithfully
Types of activities that often require surety bonding include regulated or licensed business activities, court orders and public official duties, and administering property that’s held in trust.
How to Get a Surety Bond
There are many surety bond companies out there, but only Meadowbrook Direct offers the best service, the lowest prices, and makes the process fast, simple, convenient, and affordable. To obtain a surety bond at 25% less than anywhere else, shop online with Meadowbrook Direct, choose your surety bond type, select your state, complete the application online, and get your quote within one business day.
Shopping for a bond has never been so quick or easy
Our simple process will put a Surety bond in your hand faster, and at a savings!
Step 1
Select a Bond Type
What type of bond do you need? Commercial Surety Bonds break down into six different types; Compliance License & Permit for Contractors, License & Permit – Statutory, Public Official Bonds, Court Bonds, Probate/Fiduciary Bonds, and Miscellaneous Surety Bonds. Within each of these types there are many bonds, but the application process is similar. By selecting the bond type first, we are able to ask only the relevant questions, saving you time. Our goal is to make the process fast and easy!
Step 2
Select a State
There are thousands of bonds required throughout the United States and the requirements can vary greatly based on state, type of business or type of bond. There are bonds that run to the state, and there are bonds that run to more local governmental entities. Most bonds will either be directly or indirectly impacted by the state, which is why selecting a state is an important step in the process. It allows you to enter the most efficient workflow, shortening the time it will take you to apply for a bond.
Step 3
Complete the Application
Our online application process is kept as streamlined as possible. We only ask you to answer questions that are required, and we are continually assessing our application and application process for user experience improvements. Fully completing the application provides us with the information we need to offer you the lowest possible price, and allows us to do this in the shortest amount of time. We run a personal credit report on all principals applying for bonds.
Step 4
Get Your Quote, and Save!
You will receive your quote electronically within one business day of submission. All quotes are immediately available for purchase by following the instructions in the e-mail. Once you purchase your bond, we will e-mail you a link, where you can print or download your bond. If the obligee requires a crimped seal copy, contact us at (866)207-5220 or by e-mail at bonds@meadowbrookdirect.com and we’ll mail it to you. If you need assistance or have questions, please give us a call.
