Surety Bonds That Keep Your Business Protected and Compliant

Meet legal requirements and protect your business with reliable commercial surety bonds designed to keep you compliant and competitive.

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Surety Bonds by Edgar Segui Insurance

Commercial surety bonds help businesses meet legal and contractual obligations while building trust with clients and project owners. Edgar Segui Insurance helps businesses secure the right bonds quickly and reliably, making the process simple so you can stay compliant and focused on growing your business.

Whether you are bidding on government projects or securing a required license, our team provides professional guidance to help you obtain the appropriate bond for your needs.

Florida surety bonds for contractors, businesses, and licensed professionals

A surety bond is a three-party agreement that guarantees one party will fulfill specific legal or contractual obligations to another party.

It involves the principal (your business), the obligee (the party requiring the bond), and the surety (the company providing the financial guarantee).

Contract Bonds are commonly used in construction and project-based work and may include:

• Performance Bonds
• Bid Bonds
• Supply Bonds
• Maintenance Bonds
• Subdivision Bonds

Commercial Bonds are typically required by government agencies to ensure businesses follow licensing laws and regulations.

Surety bonds involve three key parties:

Principal: The business responsible for fulfilling the obligation.
Obligee: The organization or government agency requiring the bond.
Surety: The company guaranteeing the obligation.

If the principal fails to meet the obligation, the surety may compensate the obligee. The principal is then responsible for repaying the surety.

Surety bonds are often required for licensing, legal compliance, or government contracts.

Contractors, construction companies, and licensed professionals frequently need bonds to meet regulatory or contractual requirements. Even when not mandatory, bonds provide added protection and credibility.

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FAQ About Surety Bonds

A surety bond is a financial guarantee that a business or individual will meet certain legal, licensing, or contractual obligations.

Contractors, business owners, and licensed professionals may need surety bonds to comply with government regulations or secure contracts.

The cost depends on the bond type, required bond amount, and the applicant’s credit. It is typically a small percentage of the total bond value.

Many surety bonds can be approved quickly once the required information and documentation are submitted.

If a claim is valid, the surety may compensate the obligee, and the principal is responsible for repaying the surety for the amount paid.

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  • 407-593-4220
  • eassegui@easagency.com
  • 407-593-4221
  • 12278 E Colonial Dr Ste 500 Orlando, FL 32826
  • Monday – Friday 8:00 AM - 5:00 PM
Orlando, FL

We extend coverage to individuals and businesses in Orlando, FL and surrounding areas.

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