Surety bonds, also known as bail bonds, are guarantees issued by an insurance or bond company to ensure a contractor or business is financially capable of completing a job. They can level the playing field for businesses and are often required for contracts with government agencies. The cost of a bond is determined by factors […]
Bond insurance protects companies from losses caused by their work and is purchased from specialized bonding companies. It is particularly important for companies with employees handling large amounts of money or working in homes or businesses. It provides financial protection against claims made by clients and can also protect against theft committed by employees. Bond […]
