Bonds: Protecting Your Business Commitments
In business, trust and compliance are everything. Whether you’re securing a license, bidding on a contract, or protecting against internal risks, bonds provide the financial assurance that keeps your business moving forward. At The Michaels Group, we understand the challenges business owners face when navigating bonding requirements. That’s why we offer a full range of business bonds—giving you peace of mind and helping you meet obligations with confidence.
Why Choose The Michaels Group?
- Tailored Bonds: We match the right bond to your business needs—whether it’s licensing, contracts, or employee protection.
- Access to Top Carriers: With 25+ trusted providers, we deliver fast approvals and competitive bond options.
- Expert Guidance:
Our decades of experience mean we can simplify the bond process and answer all your questions.
- No Broker Fees: Get professional service without hidden costs.
- Support for Every Business: From small startups to large contractors, we help businesses of all sizes stay compliant and protected.
Key Features of Business Bonds
Surety Bonds
Guarantee that your business will meet licensing, permitting, or contractual obligations.
Fidelity Bonds
Protects your business against financial losses caused by employee theft, fraud, or dishonesty.
Contract Bonds
Assures clients and project owners that you’ll fulfill the terms of your construction or service contracts.
License & Permit Bonds
Helps you meet state or local requirements to legally operate your business.
Court & Miscellaneous Bonds
Covers specific legal or financial obligations when required by a court or other authority.
Fast & Flexible Bond Options
Get quick approvals and a range of bond solutions designed to fit businesses of every size.
FAQs About Bonds
What’s the difference between a bond and insurance?
Insurance protects your business from unexpected losses, while a bond is a guarantee that you’ll fulfill specific obligations (such as licensing or contract requirements).
How much does a bond cost?
Bond costs vary depending on the type, amount, and your business’s financial profile. Many small bonds are very affordable, and we’ll work with you to find the most competitive option.
How quickly can I get a bond?
In many cases, bonds can be issued the same day. More complex bonds may take longer, but our team streamlines the process so you get what you need quickly.
Who needs a business bond?
Bonds are often required for contractors, auto dealers, notaries, and other licensed professionals. Even when not required, they can help build trust with clients and protect against risks.
