TMD Surety Bonds Blog
View the latest blog posts from TMD Surety Bonds.
Thursday, March 26, 2020There are various types of surety bonds created for different purposes. Perhaps the most common bond people are aware of are title bonds for a car. For contractors and businesses, there are more bonds to be aware of—such as a Texas performance bond. READ MORE >>
Thursday, March 26, 2020Dishonesty bonds are surety bonds tailored to protect businesses against employee theft. Although you try to vet your employees as much as possible, it’s impossible to predict everything. In the unfortunate case that an employee decides to steal from a company, a dishonesty bond can provide compensation for what was stolen. READ MORE >>
Wednesday, March 18, 2020At TMD Surety Bonds our number one priority during the unprecedented time of COVID-19 is to the safety of our employees, customers and their families. We are monitoring the situation and acting accordingly. Our bond office will be adjusting its hours accordingly and will tentatively be open on Tuesdays and Thursdays from 9am-1pm starting next week. READ MORE >>
Tuesday, March 10, 2020Title bonds in regard to cars and other road vehicles are pretty common knowledge, but not many people know that you can purchase a bonded title for a boat, as well. A title bond is a type of surety bond attached to your vehicle’s title that helps prove that you own the vehicle. READ MORE >>
Wednesday, January 22, 2020 Bonds are a confusing topic. There are surety bonds for various purposes, one of which is for vehicles. A title bond—also known as a "Certificate of Title Surety" — is a type of surety bond. You may need a title bond if your vehicle's title is: Missing Defective Illegible READ MORE >>
Wednesday, January 8, 2020 If your business needs a surety bond, you may be concerned about how much it will cost. Businesses already have to pay a lot to both start operations and to continue operating. Your business may or may not need a surety bond. Thankfully, even if it does, surety bonds have a one-time payment — not a recurring payment. READ MORE >>
Wednesday, December 18, 2019 Surety bonds are most simply defined as follows: Party A (the principal) promises to do a job for Party B (the obligee). And Party C (the surety) promises to reimburse Party B if Party A does not meet their promise. The surety bond is typically bought from an insurance company. READ MORE >>
Wednesday, December 11, 2019 Surety bonds have become vital to businesses of all sizes — and across many industries. They let customers hold businesses to certain performance, integrity and transparency standards — thereby maintaining accountability. READ MORE >>
Wednesday, November 20, 2019Surety refers to an agreement that makes sure that one party will receive what they are owed from the other party. The person or organization who will have to pay the debt in the event the debtor cannot make the payments is referred to as the surety or the guarantor. Here's more about how surety bonds work. READ MORE >>
Wednesday, November 6, 2019 A surety bond refers to a contract formed between three parties. The three parties are the principal, the surety, and the obligee. The purpose of a surety bond is confirmation of the surety's responsibility to ensure that the principal will behave in accordance with the bond's terms. READ MORE >>
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