Announcing Expanded Dishonesty and Janitorial Services Bond Limits January 22, 2024 Great news! We are pleased to announce that we are now offering Dishonesty and Janitorial Services coverage for amounts […]
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Understanding Janitorial Service Bonds: A Guide
Janitorial service bonds are an important part of running a successful janitorial business. A janitorial service bond is a type of surety bond that is required by some states when […]
Read moreA SOLUTION FOR HARD-TO-PLACE FREIGHT BROKER BONDS
As the CEO of Jet Insurance Company detailed in a recent in-depth Suretypedia article, the market for Freight Broker Bonds has been decimated by a punishing economic cycle and a […]
Read moreTHE ROLE OF INDEMNITY BONDS IN THE CONSTRUCTION INDUSTRY
THE ROLE OF INDEMNITY BONDS IN THE CONSTRUCTION INDUSTRY The Role of Indemnity Bonds in the Construction Industry Introduction In the dynamic world of construction, where projects are often large-scale […]
Read moreWhat is a Surety Bond and Why Does it Matter
A surety bond is a type of financial agreement that assures a party that an obligation or commitment will be fulfilled. These bonds are often used in the business world, […]
Read moreContinuous Bond
What Is a Continuous Bond? A continuous bond is a financial guarantee commonly used in international trade that renews automatically until it is canceled. Continuous bonds do not expire as […]
Read moreAdvantages of Surety Bonds vs Bank Guarantees
During these times of such economic uncertainty, we all need to find solutions to problems before they occur. When suppliers and contractors enter into a contract, there will often be […]
Read moreWhat are the Types of Surety Bonds in the Construction Business?
Construction surety bonds are a way for contractors to guarantee that they’ll complete their projects according to the terms of the contract. As a newly-established contractor or home buyer, this […]
Read moreDeclined for a Contract Performance Bond? What It Takes to Get Approved Via the SBA
Not all surety bond companies can or will provide SBA-backed contract bonds. Contract Performance Bonds are a common requirement for people in the construction and contracting industries. This type of […]
Read moreSurety Liabilities Definition?
A surety is a legal obligation that is made to ensure that one party’s debts are not damaged. A surety is an organization or individual who is in charge of […]
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