Commercial Bonds

Required by ordinance or statutes in connection with specific licenses or government permits.

Examples: Appraisal, Auto Dealers, Contractor’s License, Health Clubs, Collection Agencies

Guarantee the services of public officials who are elected or appointed.

Examples: Public Notaries, Treasurers,  Commissioners,  Judges, Town Clerks, Law Enforcement

Required when a service provider or custodian, defined as a fiduciary, has  responsibility to protect monetary assets of a third party.  An ERISA bond is a type of Fiduciary bond.

Examples: Offering 401k’s/ Retirement Savings, Money Mangers, Financial Institutions, Fiduciary Boards .

Respond to a dishonest act or damage caused by employees who have access to clients’ private property.  Examples: Commercial or Residential Cleaning, IT Companies, Equipment Servicing Companies

Protect companies/end-users who rely on a specific supply chain or the installation of specific materials/machinery.   Also referred to as Performance Bonds, which fall under our Construction Bonds. category.  Example: HVAC, Utility, Mechanical and Street and Road contractors may be required to bond compliance of their service contracts.