FREE SURETY BOND QUOTE
Surety Bonds 101 - The Parties
- The Principal
- The Principal is the party responsible for the fulfillment of the obligation described in the bond.
- Who is the Surety?
- The Surety, typically an insurance company, is the party that guarantees the underlying obligation in the event of a default by the principal.
- Who is the Obligee?
- The Obligee is the beneficiary of the bond

