New York Surety Bonds

State Bond Information

New York, just like every other state, utilizes surety bonds to protect the state's citizens and land. In a general sense, surety bonds provide reassurance that anyone who is financially harmed by the actions of a regulated individual (principal) will have the option to be compensated for their troubles.

Jet, as the surety company, is the guarantor of this compensation and will make payouts for any valid bond claims. Someone could see a claim on their surety bond if they act in a dishonest/illegal manner while conducting business. For example, a New York car dealer tampers with a vehicle's odometer to sell a car at a higher price. The purchasing customer notices this and files a claim on the dealer's license bond. Jet compensates the claimant and then relies on the motor vehicle dealer to pay that amount back, as is their legal responsibility. Read more in our Surety Bond Claims Guide.

Forget lengthy bond processes and high bond rates. With Jet, you'll buzz through the bond application in five minutes, oftentimes with the option to purchase at the end. We provide a digital bond form and receipt for your records upon payment.