Get Your Surety Bond
Approved in Minutes

A surety bond is a financial agreement between three parties: the obligee (who requires the bond), the principal (who needs the bond), and the surety (Palmetto Surety Corporation). It guarantees that the principal will fulfill their obligations according to the terms of the bond.

The bond cost varies depending on the type of bond, the bond amount, and your credit history. Typically, premiums start at around 1% of the bond amount for applicants with good credit. We offer competitive rates and work to find the best solution for your situation.

Most bonds can be issued within 24 hours or less. Simple bonds can often be approved and issued instantly online. More complex bonds may require additional underwriting but we strive to process all applications as quickly as possible.

Palmetto Surety Corporation is licensed in South Carolina, Florida, North Carolina, Tennessee, Texas, Connecticut, Louisiana, and Mississippi. We offer surety bonds online nationwide and are expanding our operations across the Southeast.

Generally, the individual or business applying for the bond—or legally required to have a surety bond in place—is responsible for securing the bond. This includes contractors, auto dealers, freight brokers, and many other professionals required by law to be bonded.

While good credit helps secure better rates, we work with all credit situations. You must be at least 18 years old to be eligible. Our expert underwriting team can often find solutions even for challenging credit situations.

You can apply online through our website by searching for your specific bond type, or call us at 1-833-7-SURETY (843-971-5441). Our team will guide you through the application process and help you get the bond you need quickly.

If a valid claim is made against your bond, the surety company will investigate and may pay the claim up to the bond amount. However, unlike insurance, you are responsible for reimbursing the surety company for any claims paid on your behalf.