Bid Bonds Insurance Broker in Auburn

When people think of “bonds” they typically think of the popular investment vehicle one would secure at a bank. However, bid bond insurance works a bit differently. Bid bond insurance can work as a type of investment, but it is designed to help businesses, investors, and other stakeholders. Bond insurance offers businesses the opportunity to work with investors and other businesses to “borrow” resources in order to help them to grow, similar to a loan. Much like a loan, the creditworthiness and credit rating of a business is considered in this process in order to determine the overall risk. To learn more about how bid bond insurance works, or for the different types of bid bond insurance available, call the team at American Insure-All® today to speak with a bid bonds insurance broker in Auburn.

While bid bond insurance can be a resource used in just about any business, it is very common in the financial and construction industries. This is because one type of bid bond insurance is a “performance bond”, which is a necessity for developers and contractors. For example, a bid bond between a contractor and developer is common during the bidding process. A contractor will provide a quote or a bid to a developer. Once the developer accepts the bid, the contractor will often secure bid bond insurance in order to protect the developer from the contractor altering the bid or quote in any way. Bid bonds also guarantee the contractor’s quality of work and performance.

For more information on bid bonds for construction, performance bonds, surety bonds, call American Insure-All® insurance today at (888)411-AUTO to speak with a professional bid bonds insurance broker in Auburn.

When our previous insurance provider decided to make a change in our career we were a little anxious. We had become accustomed to being on a first-name basis and getting quick responses to our requests. Little did we know at the time we had nothing to worry about as American Insure-All has more than met our previous expectations. Don and his team have been quick to respond to our needs and provide us with the peace of mind that we were looking for in a provider.

Andy Omsen

We switched to American Insure-All many years ago and Don has always taken great care of all our needs. He has always been honest, fair, and very timely with each policy request. American Insure-All is a pleasure to deal with and we highly recommend them.

luisaboutiq vip

I highly recommend this agency for any insurance policy you may need. Don was very helpful with my new policies with American Insure-All. He saved me about $200 per month. The insurance company I was previously with was super expensive. The best thing I ever did was switch to American Insure-All.

Yannie Villavicencio

I can't say enough about American Insure-All and the services they have provided both myself and my referred clients over the past decades. As a real estate broker for over 30 years, I utilize many vendors and service companies, but the people at American Insure-All are at the top of our list. The level of trust they have earned from us is second to none. They are incredibly responsive to our client's needs but more importantly, we can trust the council that they offer our clients.

Shriram Dholpur

We have been working with Don for about 15 years and won't even consider making any changes. He's been super responsive and it's always a pleasure to work with him whether we have a question or need to update a policy, etc.

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