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What is a Surety Bond Company? A Surety Bond Company (also called a surety, surety company or bonding company) is the party of the surety bond that takes on the risk and is responsible for paying the surety bond obligee in the case of a default by the surety bond principal.
American Surety Company â The Bail Insurance Company. American Surety Company specializes in the management of independent surety bail contracts in 46 states. We specialize in the management of surety bail contracts. As a medium sized company, ASC has the dexterity to work with our bail bond agents on a personal level while still providing the best bail insurance service available. Click on FAQ to view video responses to common questions related to American Surety Company and bail bonds in general.