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CONTRACTOR BOND
Sometimes the Unexpected Happens
Sometimes the Unexpected Happens
A Contractor Bond protects the customer in case the contractor or worker fails to adequately complete the job, fails to cover permits or fails to pay subcontractors as agreed upon. It lends your business credibility and offers peace of mind to prospects and customers. It is also required by law in many states.
A Contractor Bond is typically set at $15,000. The cost of your premium depends on your credit score (it will not affect credit rating). Should a claim ever be filed, the customer would receive the approved amount in the form of reimbursement.
Why Do You Need AIS?
A Contractor's Bond is a legal requirement in many states. While you may never have a claim filed against your business, this coverage provides invaluable security for the other party in the event that your business can’t fulfill a job as agreed.
A knowledgeable AIS Business Specialist is ready to assist you with buying a Contractor. Call us today at (866) 570-7335.
Additional Insurance Coverages to Bundle
Wouldn’t it be great if you could save money on insuring your business and all of its assets? At AIS, we find affordable coverage for a wide variety of businesses.
We compare the best rates from multiple trusted carriers, so you know you’re getting the best protection for the best price.
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