what is an insurance bond?

Insurance Bond

An insurance bond, also known as a surety bond, are typically used to guarantee the performance of a party in a contractual agreement. It ensures that if the party responsible for fulfilling the contract (the principal) fails to meet their obligations, the other party will be compensated by the surety such as the insurance company.

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Casualty Insurance

Like other types of insurance coverage, casualty insurance is a crucial component of risk management strategies for both personal protection and businesses. Typically our clients want to safeguard against unforeseen events that could lead to financial losses and legal liabilities.

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Business Auto Insurance

Commercial auto insurance is a type of insurance policy designed specifically for vehicles used for business purposes. It provides coverage for vehicles that are owned, leased, or operated by a business entity or used for business-related activities such as delivery trucks. Commercial auto insurance offers similar coverage to personal auto insurance but with additional protections tailored to the unique risks associated with business vehicle use.

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Commercial Umbrella

A commercial umbrella policy is an important part of a comprehensive risk management strategy for all businesses, offering extra liability protection to safeguard against the unexpected.

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Professional Liability Insurance

Professional liability insurance, also known as errors and omissions (E&O) insurance or malpractice insurance in certain professions, is a type of insurance policy designed to protect professionals from financial losses resulting from claims of negligence, errors, omissions, or malpractice in the performance of their professional duties.

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Commercial Insurance

Commercial insurance, also known as business insurance, is a type of insurance policy designed to protect businesses from financial losses resulting from various risks and liabilities associated with their operations. Commercial insurance policies typically offer coverage for a wide range of risks, including property damage, liability claims, business interruption, and employee-related risks. Here are some common types of commercial insurance coverage: