Bonds/Surety

Bonds, also commonly referred to as Surety, provide a financial protection similar to an insurance policy. However, the party that gets the financial protection is different. Bonds provide financial protection to a third party not the bonded organization. The bonded organization is required to pay back the bonding/surety company the amount of the claim. There are many different types of bonds, a few are listed below:

• Bid Bond
• License or Permit Bond
• Construction Contract Bond
• Subcontract Bond
• Supply Contract Bond
• Completion Bond
• Labor and Material Payment Bond

To learn more about how being bonded can help your business, please call our office at 888-302-4288 to speak with one of our Certified Insurance Counselors (CIC).