Do Contractor License Bonds Guarantee a Contract?

  • January 23, 2022
  • Posted By: hmvreeland
  • Category: Bonds

A California contractors license bond is a legally binding contract that protects the Principal’s clients and the general public. It is typically required to obtain a contractor license. A contractor license bond does not guarantee […]

The 3-Party Agreement of Surety Bonds Explained

  • January 13, 2022
  • Posted By: hmvreeland
  • Category: Surety Bonds

In Florida, a Surety bond assures the purchaser’s customers that the Guarantor will meet financial obligations if the contracted party fails to keep their end of the bargain. There are many benefits to Surety bonds. […]