Rhodes Insurance Agency: Your Trusted Bond Provider in Abilene, TX

Lost Title, License, Contract (Surety), Court, Public Official & Employee Bonds. Fast Quotes, Local Service.
Serving Abilene and Texas individuals and businesses since 1986

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Why You Need a Bond

    • Compliance
    • Project security
    • Court requirements
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Our Bond Types

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How It Works

    1. Tell us what bond you need
      Let us know the bond type and who the obligee is.
      (the party requiring the bond)
    2. Get a quick estimate
      We'll usually be able to provide a premium estimate right away.
    3. Submit any documentation
      If the obligee gave you any paperwork or requirements, send those over.
    4. Share your information
      We'll need some basic personal or business details to issue the bond.
    5. Pay the premium
      Once everything's approved, you pay the premium and you're bonded!

Why Choose Rhodes Insurance

    • Local, personal service in Abilene
    • Rapid turnaround & competitive rates
Rhodes Insurance Agency of Abilene Texas
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FAQs

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Or call us at (325) 677-6303

Definitions of Bond Types

Lost Title Bonds
Also known as bonded titles or defective title bonds, these bonds are required when a vehicle owner cannot produce a valid title for registration. The bond protects the state and any future owner if another party later proves legal ownership. If no claims are made during the bond term (usually 3 to 5 years) the vehicle owner receives a clean title.

License & Permit Bonds
These bonds guarantee that a business will comply with local, state or federal regulations as a condition of obtaining or renewing a license or permit. If the business fails to meet its obligations-such as paying fees or adhering to rules-the bond protects the public by covering any fines or penalties up to the bond amount.

Contract (Surety) Bonds
A three-party agreement between the contractor (principal), the project owner (obligee) and the surety company, contract bonds ensure that construction or service contracts are completed and paid for. Bid bonds cover good-faith bidding, performance bonds back contract fulfillment and payment bonds protect subcontractors and suppliers.

Court & Fiduciary Bonds
Required by courts when a party is appointed to manage another person's affairs or to appeal a judgment, these bonds protect against mismanagement or non-payment. Common examples include guardianship bonds, probate (executor) bonds and appeal (supersedeas) bonds that secure proper handling of estates and judgments.

Public Official Bonds
These bonds assure that elected or appointed officials will faithfully perform their duties and handle public funds honestly. They apply to positions such as notaries, treasurers, tax collectors and other public servants whose misdeeds could harm taxpayers or constituents.

Fidelity (Employee Dishonesty) Bonds
Fidelity bonds safeguard businesses against losses caused by employee theft, fraud or embezzlement. Unlike general liability insurance, they specifically cover dishonest acts by staff members, reimbursing the employer for stolen money, securities or property.

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