A Surety Bond is a written agreement indemnifying another guaranteed by the surety company should the principal who is bonded fail to perform specified acts within a stated period of time.  There are different types of Surety Bonds that may be required before a business is hired to do work for another entity.  Bid bonds, Performance bonds, and License and Permit bonds are just a few of those available.  A surety company looks at a business’ financial statement, prior job history, the type of work how long the business has been in operation to determine what surety limits are applicable.  Whatever bond you require, Reliable Insurance Solutions is here for all your insurance needs.

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