American Insure-All is ready to consult with you about your bond insurance in Sammamish. Bond insurance is a means of protecting your customers or your business contracts. Business bonds come in a variety of types, therefore, so does bond insurance.
A bond is a sum of money set aside for a particular purpose. In business, this can mean many different things. A surety bond, for example, can be established to protect your customers against theft by your employees. This type of bond is sometimes called a janitorial bond because people who clean offices and other establishments have a unique opportunity for theft. Some types of business licenses require that the licensee post a bond as part of their license requirements. Notaries, auto mechanics, and building contractors might be asked to post a bond. A fidelity bond might be required by a business owner as part of the condition for hiring someone or for allowing a union to maintain owner/employee relationship. A construction company might be asked to post a surety bond to cover promises to complete a project on time and within a specified budget. The bond helps to protect both the business and the client against unforeseen circumstances that can cause increased costs or a portion of the project taking longer than anticipated. Bond insurance can help keep the costs of establishing these bonds low.
If your business requires bond insurance, call American Insure-All at 888-411-AUTO to learn more about the different types of bond insurance in Sammamish and to determine the sort needed for your business operations. Our knowledgeable agents will be glad to discuss the various bond insurance options available to you and help you determine which are required for your business operations. We are always glad to be of assistance to you.