Choose a popular Hawaii bond below to read more.
The Motor Vehicle Industry Licensing Board of the State of Hawaii regulates the bonding limit for vehicle dealers. The amount required for the bond is determined by the number of vehicles sold within a year.
Fidelity Bonds are needed for various business types including cleaning and janitorial services, financial institutions, and businesses offering employee benefit plans.
A Union Bond (also called Wage and Welfare Bond) may be required if you are looking to hire union laborers.
Court Bonds are required on a county level for plaintiffs and defendants in all 50 states going through certain processes such as an appeal or replevin. Replevin bonds, appeal bonds, and lien bonds are examples of court bonds.
Probate Bonds (Fiduciary Bonds) may be for someone acting on behalf of another either for financial and/or medical reasons. These can be for administrators or executors, conservators or guardians, and trustees.
Some individuals and businesses working in Hawaii must show they are financially responsible by maintaining a surety bond. The surety bond is a guarantee of reimbursement to anyone monetarily harmed by a principal's (bondholder) negligent or fraudulent actions.
Jet, as the surety company, is the third-party guarantor. We pay out valid claims but then must be reimbursed by the principal. Read more about the surety bond claims process.
Jet is approved to issue surety bonds in Hawaii.