Surety Bonds
Very few insurance brokers understand surety bonds, although all most every business will at some point need one. The protection offered by surety bonds varies depending on the specific bond type and how it functions.
While many believe construction companies are the only type of business required to post bonds, that is simply not true. According to the Surety Bond National Trade Association, there are more than 25,000 bond types.
We don’t claim to have experience with every type of surety bond. However, our clients often comment that it is great to have us available to help them with both standard and the unusual bond requests they receive from time to time.
Surety Programs for Construction Companies
Very few insurance brokers understand surety bonds, although all most every business will at some point need one. The protection offered by surety bonds varies depending on the specific bond type and how it functions.
While many believe construction companies are the only type of business required to post bonds, that is simply not true. According to the Surety Bond National Trade Association, there are more than 25,000 bond types.
We don’t claim to have experience with every type of surety bond. However, our clients often comment that it is great to have us available to help them with both standard and the unusual bond requests they receive from time to time.