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Testimonials:
"[My agent] was excellent to deal with. He was knowledgable, courteous, and got it done quickly."
-Bob Prevelige of Zenith Mortgage Advisors, Inc. on 01/29/2008
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Toll Free: (888) 592-6631
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Below you will find a list of the most common surety bond types and a brief description of the bonds purpose. Click on the bond type to read more in depth about a particular bond.
Bid Bond - A guarantee that the bonding company will provide a performance bond if the contractor is awarded the job.
Construction Bond - Is not a bond type, but a general term used to describe contract bonds.
Maintenance Bond
Payment Bond - Assures that the suppliers, laborers, and subcontractors will be paid if the contractor defaults.
Performance Bond - Guarantees the contractor will complete the project per the terms of the contract.
Site Improvement Bond - Required to ensure public property will be restored upon the completion of a private project, in which the principal owns the land.
Subdivision Bond - Local authorities require a guarantee that the landowner completes mandatory public improvements that builders & developers make to their property.
Supply Bond - Required by the project owner, state or federal law to secure payments to suppliers.
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