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 […]

A Probate bond is a type of court bond that protects the beneficiaries and creditors of an estate in the event the Personal Representative fails to perform their duties or commits fraud. The primary purpose […]

In California, contractors are required to get a contractor license bond before they can obtain their license. In California, a contractor license bond protects a party that hired the principal against losses that may arise due […]

What is a Performance Bond? A performance bond (or contract bond) guarantees satisfactory completion of a project according to the terms outlined in the contract. If a business or an individual hires a bonded contractor […]

You have likely heard the phrase that a business is licensed, bonded, and insured. While most people know what a business license and insurance means, many may not understand the term ‘bonded’. A bonded business […]