Why is my spouse required to indemnify/guarantee my bonds?
A surety bond is a financial guarantee. In most cases, once you’re married your financial obligations become your spouse’s financial obligations and vice versa. Having your husband or wife indemnify your surety bond is how the underwriter ensures state laws regarding financial accountability are being followed when issuing your bond. Spouses have joint assets, which may have to be sought after in the event of a claim. If the surety does not have the spouses guarantee, they would not have access to any assets jointly held.