For more than 20 years, Coats Surety has been dedicated to providing surety bond expertise to our long-term and satisfied clients. As an owner-operated family agency, we are personally invested in the success and growth of your business. A surety bond is a three-party agreement between a principal, an obligee and a surety.
The surety provides a guarantee that the principal will fulfill its obligation to the obligee. I have lived in and around the surety industry my entire life, and consider the people I have met through it good friends and colleagues. I share my mother's joy of this industry and take pride in the accomplishments of our clients, and our small part in their success.
The surety provides a guarantee that the principal will fulfill its obligation to the obligee. I have lived in and around the surety industry my entire life, and consider the people I have met through it good friends and colleagues. I share my mother's joy of this industry and take pride in the accomplishments of our clients, and our small part in their success.
Services
Coats Surety has been providing expert knowledge and family oriented service to a variety of contractors, developers, and clients in need of surety bonding since 1992. Our stable of quality surety markets and the long-standing relationships with our underwriters and other professionals in the field have established Coats Surety as a preferred surety bonding agent in Southern California.
We can get started with as little as a phone call. A phone call can provide enough information for us to formulate a plan on our end, and set expectations on yours. It is important to understand your business, your needs and your resources to put a plan in place to write that first bond.
Many bonds require very little information, however, contractors, developers, and those wishing to establish a bonding relationship may need to provide a little more.As with many things, answers to questions often spark additional questions to those answers. This is entirely dependent on the information received, and is specific to each individual case.
Many bonds require very little information, however, contractors, developers, and those wishing to establish a bonding relationship may need to provide a little more.As with many things, answers to questions often spark additional questions to those answers. This is entirely dependent on the information received, and is specific to each individual case.
Chances are, you are reading this because you need a surety bond and you aren't exactly sure what a surety bond is. Surety bonds are a third party financial guarantee for some obligation that you are undertaking. Like other financial products, such as a loan, mortgage, or line of credit from a bank, the surety bond underwriting process can appear to be overwhelming.
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