Contractors Bonds (Contractors Surety Bonds)
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Contractors Bonds (Contractors Surety Bonds)
There are several types of Surety Bonds for contractors: Bid Bonds, Performance Bonds, Payment Bonds, License Bonds and Supply Bonds are a few. In general, surety bonds assure a project owner that they can rely on contractor performance, ability to make payments to certain other parties (sub-contractors, e.g.), good faith bid submissions and so on. The issuer of sureties, usually an insurance company subsidiary, investigates the abilities of a contractor and, in the event of a valid claim, will make reimbursement for non-performance according to the terms of the surety.
Information Needed for General Agreement of Indemnity:
- Federal ID Number of each corporation
- Full Name and Social Security Number of each stockholder and their spouses
- Home Address of each stockholder and their spouses
- Legal Name and Address of Corporation.
- For Bid Bond Purposes - State(s) of Incorporation
Some products and services may not be available in your area.
Protection is our Profession
The history of The Agency is one of steady growth and today it is one of the largest insurance agencies north of Albany. We are very proud of our motto -
"Protection is our Profession" - and we plan to continue our tradition of unexcelled service to the business community and to the people of the North Country for many years to come.
Things
change and your insurance protection should keep up. Our wizard will
help you review your risks and evaluate your insurance needs in just
a few minutes. 