Chacon Insurance Services

Bonds

Protect the interest of your growing business
The unexpected happens where you as a contractor may need an added layer of insurance to cover damage that can occur on the job. Even being insured may not be enough since accidents do happen. This is where bonds come in and just think of this as a way to guarantee scheduled payments.

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Protect yourself with a surety bond. A surety bond is a contract among at least three parties. The principal (you), the obligee (person requiring work), and the surety. Through this agreement, the surety agrees to make the oblige whole if the principal defaults in its performance of its promise to the oblige.

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