A commercial bond is intended to ensure your business runs without trouble. Should you have concerns about theft or jobs not being completed properly, a commercial bond helps to make sure you receive payment in the event that promised services were not provided or if an employee steals from your company. Soules Insurance can help you with all your bonding needs, ranging from small commercial bonds to multi-million commercial and contract bonds.
Surety bonds are defined as contracts between two parties in which one party is legally obligated to perform the agreed upon duties outlined in a contract. If such duties are not performed according to the contract, the other party receives payment to cover any incurred financial losses. Surety Bonds can be broken down into categories such as court judicial, public official, license and permit, and other miscellaneous bonds that specify financial performance guarantees.
Contract Bonds guarantee the performance of obligations specified in written agreements between two parties. Commonly these include bid or proposal bonds, performance bonds, payment or labor and material bonds bonds and maintenance bonds.
Fidelity bonds cover losses arising from employee dishonesty. These losses can cover things like money, securities and property.
Contact Us for Commercial Bonding Services
Soules Insurance Agency LP is one of the largest independent insurance agencies in Conroe, The Woodlands, Willis, Cleveland, Huntsville and North Houston area as well as the Interstate 45 corridor to Dallas. Our experts will help you identify how such bonds are right for you at a price you can afford.
Please call (936) 756-0671 to learn more about our Commercial Bond options and what they provide or simply fill out and submit the online form below to receive a call and quote for your business in Conroe Texas and the surrounding areas.