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  1. h2o
    h2o is offline Senior Member
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    Sep 2008
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    Independent Sureties

    What is an independent surety (as opposed to a surety company)?
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  2. Admin
    Admin is offline Administrator
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    Jan 2005
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    An individual surety is a person that is licensed to make surety guarantees. The difference being that a personal surety must back up every bond they write dollar for dollar, a 1:1 ratio. Whereas a corporate surety can write bonds in excess of their assets.
    Surety Bond Articles
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  3. grasshopper
    grasshopper is offline Senior Member
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    Does that mean the independent surety has a cap placed on them? Do they have to own the amount that they bond or is this credit based?
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