New Jersey Surety Bonds

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New Jersey Surety Bonds

Bond Categories

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 going through certain processes. Replevin bonds, appeal bonds, and lien bonds are examples of court bonds.

Probate Bonds are for those acting on behalf of another either for financial and/or medical reasons. These can be for administrators or executors, conservators or guardians, and trustees.

State Bond Information

The state of New Jersey has the goal of protecting its citizens and lands. One way it ensures this goal is achieved is by requiring surety bonds for several regulated businesses and individuals.

Surety bonds are a guarantee of reimbursement should fraud or negligence happen when a regulated individual or entity (principal) is working within the state. Anyone financially harmed may file a claim on the principal's surety bond. For example, a New Jersey motor vehicle dealer that fails to deliver a proper title with the sale of a vehicle could have a claim filed on their license bond by the purchasing customer. The customer can be compensated up the bond limit through the surety company (Jet). Read more in our Surety Bond Claims Guide.

With Jet, you can go through the application, get a quote, and purchase your bond within minutes. Eliminating middlemen brokers and agents allows us to have a streamlined bond process, no matter the bond type. This also means we can offer convenient monthly payments and file the bond for you when applicable.

Jet is approved to issue surety bonds in New Jersey (NAIC #16379).

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