What Is a Surety Bond?

A surety bond is a financial guarantee that ensures a business or individual will fulfill their obligations, whether it's completing a project, following state regulations, or meeting the terms of a contract. In Ohio, surety bonds are often required for contractors, construction companies, and professionals seeking licenses or working on public and private projects.

Unlike insurance, a surety bond protects the party hiring you, not you directly. It acts as a promise: if you can’t meet your obligations, the surety company steps in to cover the loss, and you’re ultimately responsible for repayment.

At Arnold Insurance Agency, we’ve been helping Ohio businesses secure the right bonds for over 40 years. From contractor license bonds to bid and performance bonds, we make the process simple, fast, and hassle-free.

Why It Matters:

• Win contracts: Many projects require proof of bonding before work can start.

• Build trust: Being bonded shows clients you're reliable and accountable.

• Stay compliant: Many state and local agencies require surety bonds to issue licenses.

If you're unsure which type of bond you need or how to get started, we’re here to help. Call us today for a free, no-obligation quote, and we’ll walk you through everything you need to know.

📞 Call now: (614) 863-0455 or contact us online — let’s make sure your business is ready to grow with confidence.