Surety and bonds are a way of protecting your business. A surety bond may be required to guarantee payment. If you are a contractor, there may also be permit bonds or licenses required for you to guarantee your work. There are even court bonds and post bonds that can be obtained based upon the type of business that you are in.

The process of getting surety and other bonds can be confusing. At L&L Insurance, we work closely with you to provide assistance on the process by helping you to decide exactly what you need. One of our insurance agents can guide you through the process so you know how to be protected and how to give a municipality or a client what they need to be confident about what it is that you do.

A license and permit bond are amongst the most common bonds. These are designed to comply with codes and regulations of a town or state. The permit bond essentially grants a privilege to you as a business. The bond may be part of a licensing requirement, such as if you are an electrician, plumber or contractor.

There are various other bonds to be on the lookout for as well, including public official bonds, probate and court bonds, contract performance bonds and fidelity bonds. A blanket fidelity bond has the ability to cover all employees for a specific amount of money and can be ideal for businesses with many employees as well as for those with a high turnover.

There’s no reason to be overwhelmed with the options that are available. Once you contact us, we’ll ask some questions about your business and then determine the surety and bonds you need. From there, we can begin exploring the most affordable option to help you save money while remaining covered.

Call us today to learn more about how we can help.