Bonding With Excellence

Surety Bonds are legally enforceable agreements involving three parties: the Principal, the Obligee, and the Surety.

Principal:  The party that purchases the bond and undertakes an obligation to perform a task or service.

Obligee:    The party that requires the bond, often a government agency or project owner, to ensure the principal fulfills their obligations.

Surety:      The insurance company or surety company that guarantees the principal’s performance.  If the principal fails to meet their obligations, the surety is  

                   responsible for covering the losses.

Our primary objective is to provide our contractors with bonding capacity that meets their needs.  Texas First Insurance works closely with a variety of construction and surety associations to stay educated about bonding needs.  We have an excellent reputation with several surety companies. 

Contract bonds include but are not limited to the following:  Performance bonds, Payment bonds, Bid bonds, Maintenance bonds, Supply bonds and Financial Guarantee bonds.

Please email all correspondence to Bonds@texasfirst.insurance