Bonds - Crime, Surety, Fidelity and More!
We insure businesses in Florida, Georgia, North Carolina, South Carolina, and throughout the Southeast!
What is bond insurance?
An issuer of a bond can purchase bond insurance to guarantee scheduled payments of interest and principal on the bond to its bondholders in case the issuer defaults. Once the issuer purchases bond insurance, its credit rating is replaced with the insurer’s credit rating. Premiums are a measure of the perceived risk of failure of the issuer and are paid to the insurer in either lump sums or installments.
What are the benefits of being bonded?
Being bonded gives issuers the ability to leverage business growth. With the increased stature of having the insurer’s credit rating, a business can feel safer in taking risks to improve and grow the business. This is especially true in the construction and financial industries.
A bonded business can obtain unbiased criticism from a credit professional and seek advice in underwriting projects.
Crime & Bonds
Policies &Coverages:
- Surety (Construction Bid, Performance & Payment)
- License & Permit Bonds
- Probate Bonds
- Fidelity & Employee Dishonesty Bonds
- Court Bonds
- Customs Bonds
- Notary Bonds
- Public Official Bonds
- Regulatory and tax Bonds
Get started today!
Contact us today, and we can answer any questions you have about bond insurance.
Thank you for your interest in Insurance by Ken Brown, Inc. Begin your quote by choosing any of the above categories or contact us. If you would like to speak to one of our professional insurance agents please feel free to call our office at 800-940-1543.
We work with clients covering the entire state of Florida including Orlando, Tampa, Jacksonville, Miami, Fort Lauderdale and throughout the Southeast including Atlanta.
|