Whether you’re looking for a surety bond, a fidelity bond, or a commercial bond, Woods Insurance Service, an independently owned insurance agency, can help you find the right policy for you.
A surety bond essentially guarantees an obligation will be filled, and they’re mostly in place to protect the public. Surety bonds extend across business industries.
For example, if there is a new building that is set to go up in a plaza across town, that contractor would sign a surety bond which would guarantee that the project will be completed. Another example of a surety bond could be a legal guardian signing one to promise that they will handle their child’s money properly.
When you opt for a surety bond with Woods Insurance Service, we’ll give you our written promise to protect your assets in the case that someone you’re working with breaks a contact.
For example, if you’re working with that contractor to build up the new plaza, and he walks off the job before it’s finished, we’ll be there to protect your assets with a surety bond.
We also offer fidelity bonds, which can help protect you and your business from dishonest employees that steal from or damage your property. You never hire an employee knowing they’ll be dishonest, which is why it’s so important to cover all your bases with a fidelity bond to protect you and your business.
Finally, we also offer commercial bonds which are in place to ensure that business owners follow both federal and local laws that protect their customers from harm. This kind of bond differs from others, such as surety, because it’s not associated with contracting guarantees. For that reason, they’re also known as “non-contract” surety bonds.
If you’re looking for the right bond insurance, Woods Insurance Service can help. Contact us today to talk about your options. We look forward to hearing from you.