Bozeman Insurance Inc Blog: bonds
View the latest blog posts from Bozeman Insurance Inc.
Tuesday, March 5, 2024There are three parties involved in a surety bond. If one of them needs to make a claim on the bond, the other two have an obligation to respond. How does this process work? Who pays who? The surety claims process works much like an insurance claim. However, there are key differences as well. READ MORE >>
Wednesday, January 4, 2023If you have ever worked with a contractor, you might have heard them tell you that they are a bonded business. If you are a contractor yourself, you might also see in contracts that you must prevent proof of bonding. What is a bond? How does it work? Bonds are part of a wide and varied industry of financial protection. READ MORE >>
Monday, April 11, 2022Have you ever hired a contractor to renovate your home only to have the bad experience of the contractor’s shoddy performance or not completing the job as planned? Unfortunately, these types of situations happen too often. And that’s why surety bonds were created. READ MORE >>
Monday, April 11, 2022Have you ever hired a contractor to renovate your home only to have the bad experience of the contractor’s shoddy performance or not completing the job as planned? Unfortunately, these types of situations happen too often. And that’s why surety bonds were created. READ MORE >>
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