Individuals and businesses who secure bonds provide a financial guarantee for their work. In NC, bond guarantees are easy to obtain from All About Insurance.
The state government of North Carolina requires many different individuals and businesses to get bonded. In NC, bond purchases discourage them from taking part in fraudulent acts.
Surety bonds – also known as performance bonds – are distinct due to the fact that they help to encourage business, support economic development and protect consumers, taxpayers and businesses in a variety of ways. In North Carolina, bonds are generally known for:
Assuring the completion of a variety of construction projects; i.e. schools, roads, office buildings, hospitals, etc.
Facilitating compliance with state laws and regulations
Protecting against breach of fiduciary, or government-backed, responsibilities
Guaranteeing the payment of contractors
In regards to this level of coverage, there are thousands of classes of bonds available. For example, contractors often require a particular class of surety bonds called “Performance and Payment” bonds. Typically, the common element to all surety bonds is that a bond is a financial or performance guarantee.
In NC, bond guarantees are a critical to protecting your business and safeguarding your livelihood- and our bonding experts can provide the following:
Bid/Performance and Payment Bonds
Licensee Bonds
Court and Fiduciary Bonds
Public Officials Bonds
And more…
At All About Insurance we have access to major bonding companies giving us the opportunity to secure the most convenient, confidential bonds at highly-competitive rates.
The state government of North Carolina requires many different individuals and businesses to get bonded. In NC, bond purchases discourage them from taking part in fraudulent acts.
Surety bonds – also known as performance bonds – are distinct due to the fact that they help to encourage business, support economic development and protect consumers, taxpayers and businesses in a variety of ways. In North Carolina, bonds are generally known for:
Assuring the completion of a variety of construction projects; i.e. schools, roads, office buildings, hospitals, etc.
Facilitating compliance with state laws and regulations
Protecting against breach of fiduciary, or government-backed, responsibilities
Guaranteeing the payment of contractors
In regards to this level of coverage, there are thousands of classes of bonds available. For example, contractors often require a particular class of surety bonds called “Performance and Payment” bonds. Typically, the common element to all surety bonds is that a bond is a financial or performance guarantee.
In NC, bond guarantees are a critical to protecting your business and safeguarding your livelihood- and our bonding experts can provide the following:
Bid/Performance and Payment Bonds
Licensee Bonds
Court and Fiduciary Bonds
Public Officials Bonds
And more…
At All About Insurance we have access to major bonding companies giving us the opportunity to secure the most convenient, confidential bonds at highly-competitive rates.