No two surety bonds are the same, nor are their prices. Depending on your surety bond and the percentage you are expected to pay, you could pay anywhere between a
Category: Blog
Many bonds that businesses can buy are designed primarily to protect third parties, such as contractor bonds and performance bonds. An employee dishonesty bond is a type of surety bond that protects the
There are many types of surety bonds available for purchase. Each will apply to different liabilities that various businesses, notably contractors, might have to guarantee before their clients will engage
Buying and selling cars is a high-stakes transaction. These deals must occur within the boundaries of the law. If someone tries to sell a car illegally or dishonestly, they could
Unlike when you purchase an insurance policy, a surety bond is not something you pay monthly premiums on in exchange for coverage. Instead, a surety bond is a one-time, lump sum payment that
When developing a trustworthy business, you have a lot of things to think about. A welcoming working environment and fair billing practices are not the only important impressions to cultivate
When signing contracts with clients, you might have to buy surety bonds. They reassure clients that you will meet your contractual obligations or pay up. Contractors have choices of surety bonds.
When hiring employees for your business, you take all the necessary precautions to make sure those employees are trustworthy and reliable. Unfortunately, it’s not always clear what will happen once
Surety bonds are useful but confusing, as there are many different types that each serve a different purpose. Some surety bonds may be required, but this depends both on the type
Performance bonds are typically required for contractors in order to complete a job. A client may hire a contractor for a construction project with the requirement that the contractors enter a