A surety bond is a promise, backed by a carrier, that you will do what you said.
Sunset National writes contract, license and permit, court and fidelity bonds in California, issued on the obligee’s own form and delivered electronically. Bail is written through appointed, licensed California bail agents.
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Contract bonds
Bid, performance, payment and maintenance bonds for public and private construction, with bonding capacity set from your working capital and backlog.
Read the guide →License and permit bonds
Contractor's license, auto dealer, mortgage broker, freight broker, notary, business services and other bonds a California licensing agency requires.
Read the guide →Court and probate bonds
Appeal, injunction, attachment, probate and guardianship bonds required by California courts.
Read the guide →Fidelity bonds
Employee dishonesty and ERISA bonds that protect a business or a benefit plan against theft by the people who work for it.
Read the guide →Plain-English guides to the bonds California asks for.
Capacity from your numbers, authority to our producers.
Bonding capacity
For contract bonds, a single job limit and a program aggregate are set from your working capital, with your uncompleted backlog counted against the aggregate whether or not we bonded it.
The obligee’s form
Licence and court bonds are issued on the form the obligee prescribes, filled and executed by an attorney-in-fact under a power of attorney of record.
Indemnity
Every bond is written against a general agreement of indemnity from the principal and its owners. It is the reason surety is cheaper than the risk it carries.