When you work in the construction industry or a similar industry, you’re already aware how fiercely competitive things can be. When you’re trying to win a bid for a big project, it’s not always about the company or worker who comes in with the cheapest estimate. There are a lot of other things that come into play when hiring a contractor. Unfortunately, shoddy contractors have made homeowners and property owners wary after getting burned too many times. An attribute that, as a company or licensed contractor, you can offer your potential clients is to ensure them that you’re meet all points of the contract to their complete satisfaction. If you’ve been looking for contract performance bond insurance in Monroe, look no further than American Insure-All®.
Contract performance insurance is exactly what it says it is – you, the contractor or agency, have to live up to each term of the contract, and typically, you exceed that contract. In most cases, you’re offering clients a complete guarantee on the work, sometimes with a term of time. This runs a little deeper than a simple surety bond, which many contractors do carry. A surety bond essentially means you can’t add extra prices or walk away from the work; contract performance goes even further, ensuring that the work you do is exceptional.
When you’re trying to win a bid, giving property owners and homeowners a guarantee can sometimes give you an edge over the competition. Knowing that you have to complete the work to the best of your ability puts a lot of potential clients at ease.
When you need contract performance bond insurance in Monroe, call American Insure-All® at (888)411-AUTO to speak with a member of our professional staff. We’re here to serve you.