Surety Bonds
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What do surety bonds cover?

Surety bonds guarantee that an insurance company will reimburse your client when your business fails to complete a project or fulfill a contract.

Surety bonds provide coverage for:

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Failure to complete a project
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Failure to meet standards or regulations
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License / permit requirements
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Employee theft

Surety bonds provides coverage specific to your profession

Different professions have different types of surety bonds. Examples include:

These surety bonds are not all the same. For example, a janitorial bond protects a cleaning company's clients against employee theft and property damage. A contractor's bond, on the other hand, guarantees that a business will complete a construction project in compliance with building codes and other standards. A notary bond assures clients that a notary public will adhere to legal as well as ethical standards.

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Surety bonds do not cover:

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Damage to client property
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Accidental injuries
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Work mistakes and oversights
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Data breaches

Other recommended policies

A business owner’s policy bundles general liability insurance with commercial property insurance to cover the most common business risks, such as slip-and-fall accidents and property damage.

Professional liability insurance guards against missed deadlines and allegations of negligence.

Cyber liability insurance helps companies recover from data breaches and cyberattacks.

Looking for different coverage? See more policies.

Compare quotes and find coverage that fits your business

Complete Insureon’s free online application to compare small business insurance quotes from top U.S. insurance providers. You can also talk with a licensed agent in your industry who can help you find coverage that matches your business and your budget.

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