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A performance bond, also known as a contract bond, is a surety bond issued by an insurance... that contractors or project managers procure such bonds in order to guarantee that the value of...
Contractor bonds and insurance both provide protection for contractors & their customers — but exactly how & who they protect differs.
Calling all elevator contractors! If you're in need of bonding services, look no further than CGO. We specialize in providing top-notch bonding solutions and are committed to helping you with all y...
RLI, specialty insurance company, provides business insurance, personal insurance and surety bonds to help safeguard the assets of people and companies nationwide.
Attention all elevator contractors! Are you in need of bonding services? Look no further than CGO. Our team specializes in providing top-notch bonding solutions, and we are committed to helping you...
, consultants or independent contractors). In business partnerships, it is the responsibility... Catastrophe bond Insurance-linked securities Casualty Climate risk Crime Crop Catastrophic...
As you plan your next home renovation project, choosing the right contractor for the job is a critical first step in your planning process. You want to make sure you vet the quality of their work in advance, spell out in writing what work you want performed and agree upon the scope of the project, and inquire whether the contractor is properly licensed and insured in case something goes wrong. This checklist compiles the top 10 tips to consider when selecting a contractor: 1. Get multiple estima...
A good number of contractors mostly confuse contractor bonds and liability insurance. Potential clients need contractors to uphold a certain standard. The two are very popular and might seem alike,...
When it comes to getting the best deal on home construction, one of the best ways to get that is to learn how to do contractor bonds to protect homeowners from unscrupulous contractors. Unfortunately, many people are not aware of the process and what to look for in bonds. So, before you decide to buy one, it’s essential to learn about them. What exactly is a bond? A bond is a type of collateral that can be used to secure loans. The collateral must be worth at least one-hundred thousand dollars...