Court Bonds

Most court proceedings require that certain parties post surety bonds to limit the potential for the financial loss that could result from judgments. "Court Bond" is an overarching term that includes bonds used for a number of different court proceedings. The following bonds are among the most common bonds used throughout the court system:

Appeal Bond 

Required to guarantee payment of the original judgment if the appeal fails. Appeal bonds discourage people from time-wasting appeals.

Bail Bond

Posted to ensure that a person in jail will appear in court after being released back into the public. In the event that the accused fails appear, the bail money is forfeited to the court

Custodian Bond

Ensures that an appointed custodian correctly manages the finances of the individual. "Guardianship bond" and "custodian bond" and are often used interchangeably.

Guardianship Bond 

This bond ensures that an appointed guardian will appropriately manage the finances of another individual. The terms "guardianship bond" and "custodian bond" are often used interchangeably. can issue guardianship bonds.

Executor Bond

The executor bond – also known as an estate bond or probate bond or the more generic name - "fiduciary bond." Regardless of the specific bond name, all of these bonds function in the same capacity. These bonds must be purchased by the executor of a person's estate. The probate bond protects the deceased's assets.  

Probate Bond

This is the generic term for any bond involving an estate. The terms "probate bond" and "fiduciary bond" are often used interchangeably. can issue probate bonds.

Fiduciary Bond

Generic bond type that guarantees an individual will perform duties, honestly – per the court's instructions. The terms "fiduciary bond" and "probate bond" are often used interchangeably.

VA Fiduciary Bond

In 2011, the VA began allowing veterans' friends and family members to act as fiduciaries, which gave those closest to veterans the ability to retain control of their finances, estates and benefits without having to pay the hefty fees charged by fiduciaries who work for the court. can issue VA fiduciary bonds.

Swingle, Collins & Associates specializes in court bonds. The descriptions of coverages listed on this website are brief and subject to the provisions, limitations, and exclusions that can only be expressed in your policy and related endorsements. For additional information of how Swingle, Collins & Associates can assist in meeting your needs for court bonds please contact your dedicated risk manager to discuss benefits and services.

The information contained on this page is provided for informational and educational purposes only. It contains general information on insurance issues and may not reflect the most current developments in insurance coverage and is unlikely to apply in all factual scenarios. The information does not include all the terms, coverages, exclusions, limitations or conditions that may be contained in the actual insurance contract language. The policies themselves must be read for those details. Sample policy forms will be made available upon reasonable request.