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AGENT2000 Commercial and Personal Insurance Blog: surety bonds

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Should a hazard affect a construction job, this could pose a liability risk to the company. Liability risks arise when a business unintentionally harms a third party. Liability risks in construction could impact performance and the outcome of a project. READ MORE >>

Surety bonds are a type of insurance that benefits both the business that holds them and the business's customers. There are several types of bonds that businesses can maintain to provide customers and clients with confidence, while also protecting their business' financial well-being. READ MORE >>

If you’re a contractor who works on city, state or federal projects, chances are you’re familiar with various surety bonds. Because governments want to ensure that taxpayers’ dollars aren’t being wasted, many public projects (particularly those that exceed $100,000) must be bonded for financial protection. READ MORE >>

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