Preheader

 

Get A Quote About FAQ Contact Home Page
 


Auto Home Business Life

Bonds


Bonds Quote Forms

Looking for coverage? Click any of the following links to submit a quote for quick, accurate and affordable rates.


Bonds Information

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.

Some bonds we handle include, but are not limited to, the following:

  • Contract performance bonds
  • Bid bonds
  • Maintenance bonds
  • Payment bonds
  • Supply bonds
  • License and permit bonds
  • Miscellaneous bonds

Get started today!

Contact us today, and we can answer any questions you have about bond insurance. 

View Our Latest Insurance News
more...
  It's time for summer fun.

Enjoy peace of mind knowing your toys are insured.

more...
Home
About Us
Get A Quote
Customer Service
Newsletter
Contact Us
Auto Insurance
Home Insurance
Life & Health Insurance
Business & Commercial Insurance
Watercraft & Boat Insurance
Other Insurance Types...
Mailing Address
414 Atlas Ave
Madison, WI 53714
Contact Us
Ph: 800.747.4472
Fx: 608.221.0868
info@greaterinsurance.com
How Can We Help You?
or call us at
800.747.4472
Get A Quote My Policy Location Blog RSS Feed Insurance Website Builder