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        • Classic Car Insurance
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        • Roadside Assistance
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        • Builders Risk Insurance
        • Home Insurance
        • Hotel/Motel Financing
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        • Auto Insurance Quote
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        • Home Insurance Quote
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        • Renters Insurance Quote
      • Business Quotes >
        • Buy & Sell Insurance Quote
        • Construction Insurance Quote
        • Contractors Insurance Quote
        • Equipment Insurance Quote
        • Finance Funding Sources For Your ​Business Quote
        • Business Auto Insurance Quote
        • Business Insurance Quote
        • Business Owners Package (BOP) Insurance Quote
        • General Liability Insurance Quote
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        • Inland Marine Insurance Quote
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        • Workers Compensation Quote
      • Medicare Supplement Coverage Quote
      • Life & Financial Quotes >
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      • Trade Credit Insurance Quote
      • Hospitality Insurance Quote
      • Oil & Gas Insurance Quote
      • Import/Export Insurance Quote
      • Other Quotes >
        • Boat Insurance Quote
        • Umbrella Insurance Quote
  • Service
    • Finance Consultation
    • Finance Funding Sources For Your ​Business
    • Deal Submission Portal
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
    • Wealth Management
    • Risk Management Services
  • Agents Alliance
    • Agent Careers
    • Agent Mergers and Acquisitions
    • The Agent and Referral Partnership
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    • Deal Submission Portal
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Insurance Bonds

If you need an insurance bond to bid on or get hired for a new job call us. We're insurance bond experts and we'll get it taken care of you... Fast!

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What is an Insurance Bond?

An insurance bond ensures contract completion in the event of contractor default and are typically required by project owners when seeking a contractor to fulfill a contract. 

The contractor obtains a bond so the insurance company is obligated to compensate the project owner for the financial loss incurred if the work is not completed. ​

Typical Insurance Bond Types

Although there are many types of insurance bonds, the four most common types needed by business owners are:
  • Bid Bond - Ensures the bidder on a contract will enter into the contract and furnish the required payment and performance bonds if awarded the contract.
  • Payment Bond - Ensures suppliers and subcontractors are paid for work performed under the contract.
  • Performance Bond - Ensures the contract will be completed in accordance with the terms and conditions of the contract.
  • Ancillary Bond - Ensures requirements integral to the contract, but not directly performance related, are performed.


Contact us to learn more about the right insurance bond for you.
(866) 484-8656​
5470 Hudspeth Dairy Rd
Harrisburg, NC 28075​
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Agents Preferred Partners Finance and Insurance
5470 Hudspeth Dairy Rd
Harrisburg, NC 28075
(866) 484-8656
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