What is an Insurance Bond?An insurance bond ensures contract completion in the event of contractor default and are typically required by project owners when seeking a contractor to fulfill a contract.
The contractor obtains a bond so the insurance company is obligated to compensate the project owner for the financial loss incurred if the work is not completed. Typical Insurance Bond TypesAlthough there are many types of insurance bonds, the four most common types needed by business owners are:
Contact us to learn more about the right insurance bond for you. |
(225) 293-5005
11052 Old Hammond Hwy Baton Rouge, LA 70816 (504) 899-8010 2107 Soniat Street New Orleans, LA 7011 Click Here to Email Us |
Premium financing is available.
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Baton Rouge Office
Murphy Insurance Agency
11052 Old Hammond Hwy Baton Rouge, LA 70816 (225) 293-5005 Click Here to Email Us |
New Orleans Office |
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