Fast approval and competitive rates for all types of surety bonds in Texas.
No obligation. Takes less than 2 minutes.
No obligation. Takes less than 2 minutes.
Quick processing and issuance
Contractor, license, and court bonds
Best prices in Texas
Professional bond specialists
Required for contractors to guarantee project completion and payment to subcontractors and suppliers.
Ensure compliance with state and local regulations for various business licenses.
Required in legal proceedings including appeal bonds, fiduciary bonds, and more.
Required for notaries public to protect the public from errors or misconduct.
A surety bond is a three-party agreement that guarantees a specific obligation will be fulfilled. The three parties are: the principal (you or your business), the obligee (the party requiring the bond, such as the state or a project owner), and the surety (the insurance company backing the bond).
Surety bonds protect the obligee from financial loss if the principal fails to meet their obligations. Unlike insurance that protects you, surety bonds protect others from your failure to perform. If a claim is paid out, you're responsible for reimbursing the surety company.
In Texas, many professions and businesses are required to obtain surety bonds as a condition of licensing or as proof of financial stability. A-LA Auto Insurance works with top-rated surety companies to provide bonds quickly and affordably for all types of business and professional needs.
Surety bond costs vary based on the bond type, amount, and your credit score. Most bonds cost 1-15% of the total bond amount annually. For example, a $10,000 bond might cost $100-$1,500 per year.
Insurance protects you from losses, while surety bonds protect others from your failure to perform. With insurance, you file claims and the insurer pays. With surety bonds, you're responsible for reimbursing any claims paid by the surety.
Credit is a factor in bond pricing, but bad credit doesn't necessarily disqualify you. Those with poor credit typically pay higher premiums. Some bond types have more lenient credit requirements than others.
Simple bonds with good credit can be issued within 24 hours. More complex bonds or those requiring additional underwriting may take 3-10 business days. We work quickly to get you bonded fast.
The surety investigates the claim and pays if it's valid. You're then required to reimburse the surety for the claim amount plus any related costs. This is why it's crucial to meet all obligations your bond guarantees.
Get bonded quickly with competitive rates from our experienced team.