Tag: Surety Bonds

What are Surety Bonds, and Do You Need Them?

What Are Surety Bonds, and Do You Need Them? We often see the phrase "bonded and insured", but what exactly does it mean? This refers to the process of bonding through surety bonds. Although they are a form of commercial insurance at their core, surety bonds work slightly differently: Generally speaking, they play a different role and fulfil a different objective than other insurance policies...