![]() Business InsuranceBondsProtection up to variable amounts. A bond is an insurance policy for which the contractor-holder pays a premium. Failure to do so would result in the payment of compensation by the bonding company. There are several types of bonds, such as payment bond, performance bond and bid bond. Being bonded could be like getting an insurance policy that the job would be completed and will be done properly. Larger commercial and almost all government jobs will require that all contractors and subcontractors be insured, and bonded. Bonds are available for varied amounts and circumstances. Let us work with you to provide options regarding the bond that would be most suitable to you. |
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