Our agents are ready to provide surety bonds to your Michigan business.
Making deals and signing contracts are common in the business world. Many times, an individual will offer work to a contractor, depending on that contractor to get the job done on time and done right. However, can you imagine if the job was not done right or even close to being done on time? Imagine the loss of time and money that your business could suffer. Instead of thinking about the “what ifs”, it is best to put the proper coverage in place. This is where a surety bond comes into play.
To put it simply, a surety bond will protect an obligee against losses that may result from the contractor’s failure to meet the obligation. It is important to remember that a surety bond is not actually an insurance policy, but a guarantee designed to protect you. If the job is not done correctly or done according to contract, the obligee has the right to receive money or cash back.
At Mt. Pleasant Agency, we can offer your business a variety of surety bond options. Here are just a few to be familiar with:
- Performance bond
- Bid bond
- Payment bond
- Indemnity bond
- License bond
Looking to learn more about these surety bonds? Please reach out to our Michigan insurance agency today. Our experts would be more than happy to answer any questions you may have or provide you with a free quote. Whether you would prefer to dial 989-772-2977 or take a moment to fill out our free quote form on this page, we will call you back as soon as possible. We cannot wait to speak with you!