We offer surety bonds through a variety of companies with strong histories of financial stability and service. With surety bonds, you can be prepared for the unexpected with a variety of commercial and contract bonds.
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A surety bond is a three-party agreement whereby the bond guarantees to the client that the principal (the contractor) is capable of performing the contract in accordance with the contract documents. Performance of the contract, which is the subject of the bond, determines the rights and obligations of the surety and the obligee.
Here are the eight different families of surety bonds we offer:
At Saleme Insurance, we offer a wide variety of bonds; here's a deeper look into some of the more popular bonds we offer.
Contract bonds help protect the client from a financial loss in case the contractor is unable to fulfill the terms and agreement contained in the contract. Several types of contract bonds we offer include:
In addition, through Erie Insurance, we offer a quick bond approval program for contractors in need of a bond under $500,000.
A license or permit bond helps ensure that a business complies with the appropriate license and permit agreement required by state law, municipal ordinances, or by other regulatory bodies. Several types of license and permit bonds we offer include:
At Saleme Insurance, we offer both judiciary and fiduciary bonds. Judicial bonds may be required by either the defendant or the plaintiff in connection with litigation. Several types of court bonds we offer include:
A fiduciary bond guarantees that a person appointed by the courts to handle the affairs of another will be faithful in their duties. These bonds include:
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General liability insurance, also referred to as business liability insurance, is coverage that protects you and your business from a variety of claims, including bodily injury, damage to property, or personal injury.
Whether it's one vehicle or a fleet of hundreds, business auto insurance is essential in protecting an asset your business probably couldn't operate without.
Business umbrella insurance protects you from major claims that have the potential to cause serious financial harm to your business. It provides liability coverage above and beyond what your current liabilities may cover.