Business Details
34 Years
experience
Trusted Surety Bond Services in Laguna Hills, CA
Coats Rapp Surety Service has been delivering specialized surety bond expertise to contractors, developers, and clients since 1992. Founded on principles of personalized service, our family-owned agency maintains long-standing relationships with underwriters and industry professionals, establishing ourselves as a trusted partner in Southern California. With decades of combined experience, our team prioritizes client success through tailored bonding solutions and a streamlined underwriting process.We serve businesses of all sizes, offering comprehensive surety bond options including contract, court, subdivision, and waste tire hauler bonds. Our commitment to concierge-level service ensures clients receive expert guidance from initial consultation through bond execution. By maintaining stable surety markets and leveraging generational industry knowledge, we provide reliable financial guarantees that protect both businesses and public interests.
Services
Contract Bonds
Court Bonds
Subdivision Bonds
Permit Bonds
Waste Tire Bonds
Details
- Year established: 1992
Highlights and features
- We offer 30+ years of surety industry experience with personalized service
- Our team includes second-generation surety professionals with construction expertise
- We maintain stable relationships with quality surety markets
- We provide hands-on bonding solutions for contractors and developers
- Our streamlined underwriting process delivers bonds within 24 hours
Services
Contract Bonds
Contract bonds guarantee project completion according to agreed terms. These financial guarantees protect clients by ensuring contractors fulfill obligations. Our performance bonds cover work quality and timelines, while payment bonds ensure subcontractor and supplier payments. We help construction professionals secure necessary bonding for public and private projects.
Waste Tire Hauler Bonds
California mandates waste tire hauler bonds for legal operation. These $10,000 bonds ensure proper tire disposal and environmental compliance. We provide instant-issue bonds at 1% cost ($100 premium). Our expertise helps haulers meet state requirements while demonstrating business responsibility to regulatory authorities.
Court Bonds
Court bonds guarantee faithful performance of legal obligations. Our judicial bonds protect parties in litigation, while fiduciary bonds ensure proper management of entrusted assets. We assist with release of lien and stop notice bonds, helping clients navigate complex legal requirements while maintaining financial accountability through the judicial process.
Subdivision Bonds
Subdivision bonds guarantee infrastructure construction in new developments. We provide performance and payment bonds for streets, sewers, and sidewalks. Our DRE bonds ensure HOA assessment payments during development transitions. These guarantees protect municipalities while enabling developers to meet regulatory requirements for project approval and completion.
Permit Bonds
Permit bonds are required for business licensing in regulated industries. We offer notary, mortgage broker, and escrow bonds that guarantee compliance with state laws. Our financial guarantees help professionals meet government requirements while demonstrating trustworthiness to clients and regulatory authorities.
People
Linda Coats
Founder
With 40+ years in surety bonding, Linda established Coats Surety in 1992 after working at major insurance firms. She pioneered personalized service in a male-dominated industry, maintaining original clients for decades. Her approach emphasizes relationship-building and client success.
Matt Coats
Underwriter
Matt brings 25+ years of customer service experience and construction industry knowledge. A UC Santa Cruz graduate with engineering expertise, he joined the family business in 2008. He specializes in construction and subdivision surety bonds while maintaining technical precision in underwriting processes.
Ryan Butterfas
Customer Service
Ryan contributes customer service and HR expertise to our team. With telecommunications and sociology background, he focuses on client relations. He supports bonding processes while building relationships with new clients seeking surety solutions for their business needs.
Summer Reyes
Operations Manager
Summer manages bond execution and compliance with 10+ years of surety experience. Her finance and retail background enhances our operational efficiency. She oversees license compliance and accounting functions while supporting clients with bond documentation and requirements.
Questions
What is a surety bond?
A surety bond is a three-party agreement guaranteeing contractual obligations will be met. The surety company provides financial assurance that the principal (business) will fulfill requirements to the obligee (regulatory body).
What types of bonds do you offer?
We provide contract bonds (bid, performance, payment), court bonds, subdivision bonds, permit bonds, waste tire hauler bonds, and specialized financial guarantees for construction and service industries.
How quickly can I get bonded?
Most bonds can be issued within 24-48 hours after receiving required documentation, including business financials, personal financial statements, and bond-specific information.
What is a waste tire hauler bond?
California requires $10,000 waste tire hauler bonds to ensure proper tire disposal. This bond guarantees compliance with environmental regulations and covers potential cleanup costs.
How are bond premiums determined?
Premiums depend on bond type, amount, and risk assessment. For example, waste tire hauler bonds typically cost 1% of the bond amount ($100 for $10,000 bonds).
