Connecticut
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Surety bonds in Connecticut come in a variety of types, many of which are available for purchase through NFP.
The two primary categories of bonds in the state of Connecticut are construction bonds and commercial bonds. Within the broad category of construction bonds, there are bid bonds, payment bonds, performance bonds and site improvement bonds.
The commercial bonds category includes nearly every kind of bond not listed under construction bonds, a range that includes hundreds of different types of bonds. Some of the more common types of commercial bonds available for purchase in Connecticut are fiduciary bonds, license and permit bonds, public official bonds and fidelity bonds.
Common Connecticut Surety Bonds
Surety bonds in Connecticut come in a variety of types, many of which are available for purchase through NFP.
The two primary categories of bonds in the state of Connecticut are construction bonds and commercial bonds. Within the broad category of construction bonds, there are bid bonds, payment bonds, performance bonds and site improvement bonds.
The commercial bonds category includes nearly every kind of bond not listed under construction bonds, a range that includes hundreds of different types of bonds. Some of the more common types of commercial bonds available for purchase in Connecticut are fiduciary bonds, license and permit bonds, public official bonds and fidelity bonds.
Common Alabama Surety Bonds
Contractors Bond
Fiduciary Bond
License and Permit Bond
Private Investigator Bond
Payment Bond
Public Official Bond
How do I purchase a Connecticut surety bond?
NFP, the nation's largest and most reliable surety company, is authorized to issue many different types of surety bonds in Connecticut. We can provide the best rates for your bond, as well as the fastest issuance, to get your business off and running.
Our short online application makes it easy. Click below to start the application process today.
Connecticut Surety Bond FAQs
Connecticut requires various business-related bonds, including those for auto dealers, freight brokers, collection agencies, and more. These bonds carry fixed amounts, for example:
- Freight broker: $75,000
- Auto dealer: $60,000
- Contractor: $15,000
- Collection agency: $50,000
- DMEPOS: $50,000
Premiums are calculated as a percentage of the bond amount, generally 1 to 3% for those with good credit and up to 5 to 10% for lower credit ranges.
The process typically involves:
- Choosing the correct bond type and amount.
- Applying through a licensed surety agent or provider.
- Signing an indemnity agreement, paying the premium.
- Receiving the bond in physical form or electronically, often within days.
Yes. Many providers offer bonds to applicants with credit challenges. Premiums may be higher, but bonds can still be issued, often instantly, depending on the bond type and underwriting.
That depends on the type of bond you're seeking:
- PURA utility/telecom bonds: No specific state, mandated form – any acceptable form from a licensed surety will work.
- Local permit bonds (e.g., municipal projects): Towns like Rocky Hill may require bonds (often $10,000) using their own forms, to be valid for two years.
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Commerical Surety Bonds
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