What is an Insurance Bond?An insurance bond ensures contract completion in the event of contractor default and are typically required by project owners when seeking a contractor to fulfill a contract.
The contractor obtains a bond so the insurance company is obligated to compensate the project owner for the financial loss incurred if the work is not completed. Typical Insurance Bond TypesAlthough there are many types of insurance bonds, the four most common types needed by business owners are:
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(925) 277-9090
P.O. Box 1727 3150 Crow Canyon Place Suite 140 San Ramon, CA 94583 CA License #0611130 Click Here to Email Us |
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Contact UsBerger and Jones Insurance Agency
P.O. Box 1727 3150 Crow Canyon Place Ste. 140 San Ramon, CA 94583 CA License #0611130 (925) 277-9090 Click Here to Email Us |
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