No matter how hard you try, there are times when you just can’t finish a project. Professionally, not producing a promised product or completing a project could get you in a lot of trouble. Protect your reputation and company name by purchasing a surety business bond from Densmore Insurance Strategies, Inc.
Many people think of surety bonds as “surety insurance.” But they are not actually a form of insurance. Think of a surety bond as a line of credit. If you can’t complete a project, the project owner can then utilize that line of credit to finish the project as necessary. Surety business bonds are a three-party agreement. The three parties involved include:
If you are not required to purchase a surety business bond, why would you? There are multiple ways surety bonds can benefit both parties. As the principal, obtaining a surety bond prior to working with a new project owner displays business integrity and financial stability. To get a surety bond, principals must apply and meet certain standards set by a surety company. Being rewarded with a surety bond from a top quality surety company is a testament to your business strength.
We know that you have a lot of choices when it comes to choosing an insurance company. That’s why we work hard to make sure that you always have the best possible coverage at the best possible price. We want you to be confident that your family is taken care of in case something happens. That’s why we offer a wide variety of insurance policies, so you can find the perfect one for your needs. And our team is always here to help – so don’t hesitate to call us if you have any questions.
