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Bond Type Guide

Court Bonds

Court bonds are required by courts during legal proceedings, including appeal bonds, guardianship bonds, and fiduciary bonds.

Typical Cost: 1-5% of bond amount

What is a Court Bond?

Court bonds (also called judicial bonds) are required by courts during legal proceedings. They guarantee that parties will fulfill their court-ordered obligations.

Types of Court Bonds

  • Appeal Bonds (Supersedeas Bonds) — Required to stay enforcement of a judgment while appealing
  • Guardianship Bonds — Required of court-appointed guardians
  • Administrator/Executor Bonds — Required for estate administration
  • Injunction Bonds — Required when a court grants an injunction
  • Attachment Bonds — Required when property is attached before judgment

    • How Much Do Court Bonds Cost?

    Court bond premiums typically range from 1-5% of the bond amount. Appeal bonds are usually more expensive due to the higher risk involved.

    Other Bond Types

    Bid Bonds

    A bid bond guarantees that a contractor will honor their bid and enter into a contract if awarded the project.

    Performance Bonds

    A performance bond guarantees that a contractor will complete a project according to the terms of the contract.

    Payment Bonds

    A payment bond guarantees that a contractor will pay subcontractors, laborers, and material suppliers.

    License & Permit Bonds

    License and permit bonds are required by government agencies to obtain or maintain a business license.

    Fidelity Bonds

    Fidelity bonds protect businesses against employee dishonesty, theft, and fraud.

    Commercial Bonds

    Commercial surety bonds encompass a wide range of bonds required for business operations beyond construction.