Commercial Bond Insurance & Bonding Services
Finance the real risks behind employment based lawsuits.
Commercial bond Insurance is beneficial to ensure continuity of business. Whether you have concerns of theft or work not being completed properly, a bond can create peace of mind and ensure you are paid if the promised services are not delivered.
Let Carroll Insurance be your trusted advisor in assisting you with your bonding needs. From a smaller commercial bond to multi-million dollar commercial and contract bonds.
Types of Bond Insurance
Contract Bond Insurance
Contract bonds guarantee the performance of obligations described in a written agreement between two parties. The most common types include bid, performance, and payment bonds. Contract bonds are often designed to spell out the specifications of a construction project contract.
Fidelity Bond Insurance
Fidelity bonds cover losses arising from employee dishonesty and essentially guarantee that an employee will not steal from your company. Losses can include money, property, and other securities.
Surety Bond Insurance
Surety bonds are contracts between two parties in which one party is legally obligated to perform the agreed-upon duties in the contract. If the duties are not carried out, the other party will receive payment for coverage of financial losses. Surety bonds include several types of bond categorized as court judicial, public official, license and permit, and other miscellaneous bonds that include guarantees of financial performance.
Getting Started with our Commercial Bonding Services
Speak with a Carroll Insurance agent today and let us tell you about your commercial bond insurance options. We are ready to assist your Texas-based business or wherever you may operate in the United States. To get started, please call 281-656-3000 or request a call back from the button below. One of our agents will connect with you as soon as possible.