INSURANCE SINCE 1985
  • Home Page
  • Auto
    • Auto - All States
    • Auto - Doordash Delivery Drivers
    • Auto - GrubHub Drivers
    • Auto - Uber & Lyft Drivers
    • Auto - Mexico >
      • Auto - Mexico - 1
      • Auto - Mexico - 2
    • Auto - Singapore
    • Auto - Sweden
    • Auto - Texas
    • Auto Quote Request
    • Auto - Commercial
    • Commercial Auto & Trucks
    • Classic Car Insurance
    • Defensive Driving Course
  • Home
    • Condo Insurance
    • Home & Renters
    • Homeowners - Alabama
    • Homeowners - Florida
    • Homeowners - Texas
    • Home, Renters, Condo & Investor Request
    • Mobile Home
    • Flood Insurance
  • Life
    • Alabama
    • Alaska
    • Arizona
    • Arkansas
    • California
    • Colorado
    • Connecticut
    • Delaware
    • Florida
    • Georgia
    • Hawaii
    • Idaho
    • Indiana
    • Illinois
    • Iowa
    • Kansas
    • Kentucky
    • Louisiana
    • Maryland
    • Massachusetts
    • Maine
    • Michigan
    • Minnesota
    • Mississippi
    • Missouri
    • Montana
    • New Hampshire
    • Nebraska
    • Nevada
    • New Jersey
    • New Mexico
    • New York
    • North Carolina
    • North Dakota
    • Oklahoma
    • Ohio
    • Oregon
    • Pennsylvania
    • Rhode Island
    • South Carolina
    • South Dakota
    • Tennessee
    • Texas
    • Utah
    • Vermont
    • Virginia
    • Washington
    • West Virginia
    • Wisconsin
    • Wyoming
  • Business
    • Apartment, Condo, Retail Insurance
    • Real Estate E&O Insurance
    • Bonds >
      • Commercial Bonds
      • Contract Bonds
      • Court Bonds
    • Businesses by Occupation
    • Business Owners Policy (BOP)
    • Commercial - Florida
    • Commercial - Texas
    • Cyber Liability
    • Dentist Liability Insurance
    • E & O for Insurance Agents
    • General Liability
    • HOA Insurance
    • Professional Liability
    • Commercial Quote - All States
    • Special Events Coverage
    • Workers Compensation
  • Group
    • Group Dental & Vision
    • Group Health - 2+ Employees
  • Health
    • Blue Cross - Texas
    • Cigna Global Health
    • Health - Guarantee Issue
    • Sidecar Health
    • National General
    • IHC Health
    • Lime Health - United KIngdom
    • Pivot Health
    • Telemedicine
    • Manhattan Life
    • Health Terminology
  • Other Types
    • Accident Coverage
    • Cancer Insurance
    • Dental >
      • DP Brokers
      • National General
      • Spirit Dental
    • Critical Illness
    • Disability Quote Request
    • Direct Vision
    • Jewelry Insurance
    • Morgan White Vision
    • Travel Insurance
  • Senior Market
    • Burial Insurance
    • Critical Illness
    • Senior Dental Plan
    • Final Expense Quotes
    • Final Expense - Burial Insurance
    • Medicare Supplements
    • Oscar Medicare Supplement
  • Resources
    • Alamo Car Rental
    • Defensive Driving
    • E-File Tax Services
    • Insurance Forms
    • Make Your Own Will
    • Meet the Team
    • News
    • Now Hiring!
    • Personal Capital
    • Preferred Vendors
    • Testimonials
    • Video
  • Contact Us
    • Schedule an Appointment
  • Home Page
  • Auto
    • Auto - All States
    • Auto - Doordash Delivery Drivers
    • Auto - GrubHub Drivers
    • Auto - Uber & Lyft Drivers
    • Auto - Mexico >
      • Auto - Mexico - 1
      • Auto - Mexico - 2
    • Auto - Singapore
    • Auto - Sweden
    • Auto - Texas
    • Auto Quote Request
    • Auto - Commercial
    • Commercial Auto & Trucks
    • Classic Car Insurance
    • Defensive Driving Course
  • Home
    • Condo Insurance
    • Home & Renters
    • Homeowners - Alabama
    • Homeowners - Florida
    • Homeowners - Texas
    • Home, Renters, Condo & Investor Request
    • Mobile Home
    • Flood Insurance
  • Life
    • Alabama
    • Alaska
    • Arizona
    • Arkansas
    • California
    • Colorado
    • Connecticut
    • Delaware
    • Florida
    • Georgia
    • Hawaii
    • Idaho
    • Indiana
    • Illinois
    • Iowa
    • Kansas
    • Kentucky
    • Louisiana
    • Maryland
    • Massachusetts
    • Maine
    • Michigan
    • Minnesota
    • Mississippi
    • Missouri
    • Montana
    • New Hampshire
    • Nebraska
    • Nevada
    • New Jersey
    • New Mexico
    • New York
    • North Carolina
    • North Dakota
    • Oklahoma
    • Ohio
    • Oregon
    • Pennsylvania
    • Rhode Island
    • South Carolina
    • South Dakota
    • Tennessee
    • Texas
    • Utah
    • Vermont
    • Virginia
    • Washington
    • West Virginia
    • Wisconsin
    • Wyoming
  • Business
    • Apartment, Condo, Retail Insurance
    • Real Estate E&O Insurance
    • Bonds >
      • Commercial Bonds
      • Contract Bonds
      • Court Bonds
    • Businesses by Occupation
    • Business Owners Policy (BOP)
    • Commercial - Florida
    • Commercial - Texas
    • Cyber Liability
    • Dentist Liability Insurance
    • E & O for Insurance Agents
    • General Liability
    • HOA Insurance
    • Professional Liability
    • Commercial Quote - All States
    • Special Events Coverage
    • Workers Compensation
  • Group
    • Group Dental & Vision
    • Group Health - 2+ Employees
  • Health
    • Blue Cross - Texas
    • Cigna Global Health
    • Health - Guarantee Issue
    • Sidecar Health
    • National General
    • IHC Health
    • Lime Health - United KIngdom
    • Pivot Health
    • Telemedicine
    • Manhattan Life
    • Health Terminology
  • Other Types
    • Accident Coverage
    • Cancer Insurance
    • Dental >
      • DP Brokers
      • National General
      • Spirit Dental
    • Critical Illness
    • Disability Quote Request
    • Direct Vision
    • Jewelry Insurance
    • Morgan White Vision
    • Travel Insurance
  • Senior Market
    • Burial Insurance
    • Critical Illness
    • Senior Dental Plan
    • Final Expense Quotes
    • Final Expense - Burial Insurance
    • Medicare Supplements
    • Oscar Medicare Supplement
  • Resources
    • Alamo Car Rental
    • Defensive Driving
    • E-File Tax Services
    • Insurance Forms
    • Make Your Own Will
    • Meet the Team
    • News
    • Now Hiring!
    • Personal Capital
    • Preferred Vendors
    • Testimonials
    • Video
  • Contact Us
    • Schedule an Appointment
A contract bond is a guarantee the terms of a contract are fulfilled. If the contracted party fails to fulfill its duties according to the agreed upon terms, the contract “owner” can claim against the bond to recover financial losses or a stated default provision.  All contract bonds guarantee the performance and or payment of the obligations under contract. CLICK HERE TO GET STARTED

What is a bond for construction?  To protect against disruptions or unlikely events during a construction project, an investor may require a surety bond. This bond for construction will also protect any suppliers that fail to complete their work or if the project fails to meet the contract’s specifications. CLICK HERE TO GET STARTED

How does a construction bond work? 
The construction bond works for the obligee, typically a government entity, to protect a project from failing to get completed or not meeting the project specifications by the contractor who was awarded the job. This bond ties the contractor to the project and ensures their performance will meet the specifications. 
 CLICK HERE TO GET STARTED

What is a surety bond? 
A surety bond is defined as a contract among at least three parties: the obligee: the party who is the recipient of an obligation. the principal: the primary party who will perform the contractual obligation. the surety: who assures the obligee that the principal can perform the task.  CLICK HERE TO GET STARTED

How does a performance and payment bond work?
The performance and payment bond guarantees that the project will be completed as promised in the contact’s specifications and that all subcontractors and material suppliers will be paid in full, protecting the project owner.  CLICK HERE TO GET STARTED

What is a guarantee of performance?
A guarantee of performance is issued to a contractor by a band or insurance company as a promise to complete the project in full according to the contract plans and specifications. This is not to be confused with a project requiring a performance and payment bond which is issued by a surety market, and may require more extensive information about the project, contractor, and their history. CLICK HERE TO GET STARTED 

A project requiring a performance and payment bond typically require a bid bond that allows them to qualify to submit a bid for the project.

​Ready to start your application? 
CLICK HERE TO GET STARTED

A Robert J Russell Companies Website