Call for Quotes 888.279.9701
Home Page Email
Business
Insurance
Home/Auto
/Life
Health &
Benefits
Payroll
& HR

Bonding

happy contractorWhat is bond insurance?

An issuer of a bond can purchase bond insurance to guarantee scheduled payments of interest and principal on the bond to its bondholders in case the issuer defaults. Once the issuer purchases bond insurance, its credit rating is replaced with the insurer’s credit rating. Premiums are a measure of the perceived risk of failure of the issuer and are paid to the insurer in either lump sums or installments.

What are the benefits of being bonded?

Being bonded gives issuers the ability to leverage business growth. With the increased stature of having the insurer’s credit rating, a business can feel safer in taking risks to improve and grow the business. This is especially true in the construction and financial industries.

A bonded business can obtain unbiased criticism from a credit professional and seek advice in underwriting projects.

Some bonds we handle include, but are not limited to, the following:

  • Contract performance bonds
  • Bid bonds Maintenance bonds
  • Payment bonds
  • Supply bonds
  • License and permit bonds
  • Miscellaneous bonds

Get started today! Contact us today, and we can answer any questions you have about bond insurance.

Workers Compensation
General Liability
Oil & Gas
Bar & Restaurant
Auto/Home/Life
Manufacturing
Construction & Trades
Bonding
Independent Contractors
Group Health & Benefits
Payroll & HR
Life Insurance
Farm & Crop
Commercial Real Estate
Trucking
Cyber/Tech Liability
Auto Service & Garages
Professional Liability
FREE BUSINESS TIPS!
FACEBOOK TWITTER
READ OUR BLOG!
Stay up to date on all the latest news with Aliance Insurance Agency!
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
Connect With Us:
Social Social Social Social Social
Alliance Insurance Group
710 Golden Ridge Rd., Suite 120
Golden, CO 80401

Phone: (303) 279-9700
Alliance Insurance Group Rated 4.8 / 5 based on 5 reviews. | Review Us