Tuesday, December 31, 2019

What Are Surety Bonds?

Surety bonds can be described as promise insurance. A surety bond is a type of coverage that you take out on a contract so that, should you fail to meet your obligations, the client will be reimbursed by the person backing your promise. READ MORE >>

Thursday, January 17, 2019

Why Some Of Your Clients Require Surety Bonds

If you are a contractor, you work explicitly for someone else. They expect you to do the necessary jobs with accuracy and commitment. They also expect you to get the job done on time. READ MORE >>

Monday, February 19, 2018

Playing Your Part As A Bond Principal

As a contractor, you must render services to your clients correctly. Most clients want to ensure that they won't lose money by working with you. Therefore, they require their contractors to carry surety bonds. READ MORE >>

Wednesday, February 17, 2016

Types Of Surety Bonds In Construction

When working in construction, having surety bonds in place will not only provide credibility for your firm, but also help customers feel at ease. READ MORE >>

Tuesday, April 7, 2015

Knowing the Types of Surety Bonds

Surety bonds are safety nets. They helps protect a business in case another business or person cannot fulfill a contact obligation; in that case, the surety bond pays the business the money they were promised in the contract. READ MORE >>