Surety Bonds Provided By Our Agency

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Assure your commitments with confidence

Surety bonds are important for making sure government contracts get done. They help cover losses from legal cases and protect businesses from employee dishonesty. At Sargent Insurance Agency, we offer surety bond solutions customized for your needs in Arkansas.

A surety bond is a three-party agreement that ensures obligations are met. It guarantees that one party, either you or your business, will fulfill specific duties to another party, backed by a third party, the surety company.

Whether you're a contractor bidding on government projects or a business that must secure a bond by law, Sargent Insurance Agency makes the process simple, local, and trustworthy.

Surety bonds act as a financial safety net. Here’s how the three parties engage:

  • Principal: That’s you or your business, responsible for completing the task or contract.
  • Obligee: The person, business, or government agency that requires the bond.
  • Surety: The insurance company that provides the bond, ensuring the principal meets the agreed obligations.

If the principal fails to meet those obligations, the surety compensates the obligee. The principal must then repay the surety.

At Sargent Insurance Agency, we provide a wide variety of surety bonds to fit your needs, whether for business, legal, or personal use. Some of the most common include:

  • Contract Bonds: For construction projects, covering bid, performance, and payment bonds.
  • License and Permit Bonds: Often required for businesses or professionals to obtain or renew licenses.
  • Court Bonds: Needed for certain judicial proceedings.
  • Fidelity Bonds: Protect against employee dishonesty or fraud.

Need something specific? Our team can help you find the exact bond you need.

Surety bonds may be legally required or requested by project owners or clients to confirm that:

  • You are a responsible and credible business.
  • You will fulfill your obligations as outlined in a contract.
  • The public or a client is financially protected if you don’t follow through.

By getting a surety bond, you’re demonstrating integrity and financial accountability, which are key elements that build trust in your work.

At Sargent Insurance Agency, we make getting a surety bond quick, friendly, and reliable:

  • Talk to Our Team: We’ll understand your bonding needs and guide you to the right type of bond.
  • Submit Your Application: This usually includes basic business and financial information.
  • Receive a Quote: Once we assess your risk, we’ll provide the bond amount and cost.
  • Bond Issued: We’ll handle the paperwork and ensure you get your bond on time.

We work with several top-rated surety carriers to ensure you receive competitive rates and efficient service.

Protecting what matters most starts with a conversation

Whether you’re looking for new coverage, updating your current plan, or have a few questions, we’re here for you. No pressure. No hassle. Just honest, friendly advice from a team that’s always nearby.

Call us today or ask for a callback. We’re right down the road and ready to help.

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