Tennessee State Flag on the left. A picture of the Great Smokey Mountains in Tennessee on the right. In the middle a box that says Tennessee Surety Bonds

Tennessee Surety Bonds

Many Tennessee Surety Bonds can be purchased instantly at the table below. Simply search for your bond, enter the information and print your bond instantly. You may also contact us anytime at 913-318-4955 if you have questions or need assistance.

Common Tennessee Surety Bonds

Auto Dealer Bonds

Tennessee Auto Dealer Bonds protect the public against dealer dishonesty.

Contractor License Bonds

Tennessee requires licensed contractors to provide bonds to protect interested parties.

Title Bonds

Tennessee Title Bonds are needed when ownership of a vehicle cannot be verified.

Dentist Bonds

Tennessee requires dentist to post license bonds.

How Tennessee Surety Bonds Work

A Tennessee Surety Bond is a three-party agreement between a principal, an obligee and a surety bond company. The principal is the party who is responsible for the bond obligation. This is typically a Tennessee individual or company who needs a license, permit, or other guarantee running to the state. The party receiving the benefit of the bond is the Obligee. For many Tennessee surety bonds, this is the state of Tennessee or one of their departments. The Surety is a third-party bond company that is providing a financial guarantee of the principal's obligation on the bond. Should the principal default on their obligation, a party can make a claim against the bond.

Should a claim be made on a Tennessee surety bond, the Surety will investigate the claim. If they are required to pay the claim, they may seek reimbursement from the principal under the indemnity agreement. Tennessee surety bonds provide a lot of value by allowing a damaged party to collect from a Surety without having to go through what could be a costly procedure of collecting from the principal. As a principal, Tennessee surety bond claims should be avoided.

Frequently Asked Questions

What is a Tennessee Surety Bond?

Tennessee Surety Bonds are three party agreement between the applicant (principal), surety bond company (surety) and the obligee (often the state of Tennessee). Tennessee has many surety bond requirements including for many state issued licenses, court filings, probate proceedings, notaries and public construction projects.

How Much Does a Tennessee Surety Bond Cost?

The cost of a Tennessee surety bond depends on the type of obligation being guaranteed. Most applicants will pay between 1% - 3% for Tennessee Surety Bonds.

Most license and permit bonds will cost 1% or less per year. Tennessee contract bonds may cost 0.5% - 3%, depending on the qualifications of the applicant.

Where Do You Get a Tennessee Surety Bond?

There are many licensed surety bond companies and bond brokers in Tennessee. A broker needs to have a Tennessee property and casualty license to sell surety bonds in the state. While many brokers have such licenses, customer should pick those that specialize in surety bonds.

Axcess Surety works with many of the largest bond companies in the country to get Tennessee customers the best terms and conditions. We also have one of the largest selections of online Tennessee surety bonds so that applicants can purchase Tennessee bonds online.

How Do You Obtain a Tennessee Surety Bond?

Many Tennessee surety bonds can be purchased online. Axcess Surety has one of the largest selections of online Tennessee surety bonds in the country. Many do not even require a credit check.

Many Tennessee license and permit bonds, notary bonds and even probate bonds can be purchased online with a simple application and/or credit check. More complex surety bonds such as Tennessee Performance Bonds and Payment Bonds may require an application and/or financial information.

What are the Requirements of a Tennessee Surety Bond?

There are many different types of surety bonds required in Tennessee. You can search the table above and click on the "Learn More" button to learn about specific Tennessee surety bond requirements. The state also generally provides bond requirements with various licensing and contract paperwork.

You may also contact the bond experts at Axcess Surety anytime for assistance.

Can You Get a Tennessee Surety Bond with Bad Credit?

Many of the Tennessee Surety Bonds at Axcess Surety do not require a credit check and can be purchased by anyone. For bonds that do need a credit check, we partner with many of the nation's leading surety bond companies. Our surety experts can find a solution most almost any applicant.