Associated Insurance Professionals has been writing commercial bonds for people for the last 35 years and this is everything form a Janitorial Services Bond to a Notary Bond to Construction Bid Bonds. With our experience we can find you the bond you need at the price you want. Since we represent many bond markets we do have options no matter what type of credit you may have.
You will find that the Commercial Bond market includes numerous types of bonds categorized as court judicial, court fiduciary, public official, license and permit, and many miscellaneous bonds that include guarantees of financial performance. This can include the Dishonesty bonds.
Contract bonds guarantee the performance of obligations covered by a written agreement between two parties. The most common types include bid, performance and payment bonds.
So, how does one qualify for a bond? All bonds require different information – the small bonds like a Lost Title Bond or a Notary Bond may not require much however, most bonds are credit based bonds. So, if you needed a $100,000 Bid bond to get it you would have to qualify. For smaller bonds this may just require them pulling credit. For larger commercial bonds you or your business may have to get financials or even more information to the bonding company to get a quote.
There are many types of bonds – make sure you know what type you need. If you don’t please contact us and we can help you figure it out.