Annette, To be bonded is to post a surety (money) and have a written guarentee from you to preform some obligation, like a notary does in certain states. This used to be common when repair firms, carpet cleaners, locksmiths and people who you would grant entry to your home came and performed their service while you were away. I don't know, short of a notary liscense, what you would need bonding for. Your E&O covers you for "line of duty" work. Get another opinion but I don't think you need to be bonded as an established agent or company.