What is a Surety Bond?
A surety bond is an instrument issued by an entity on behalf of a second party, guaranteeing that the second party will fulfill an obligation or series of obligations to a third party. In the event that the obligations are not met, the third party will recover its losses via

When a construction company establishes a relationship with a surety bonding company, one of the key elements that they agree to is a mutually acceptable limit on single projects and aggregate work in progress. These limits define the surety bonding capacity available to the contractor, and are cri

What is Contractors Equipment Insurance?

Contractors’ equipment insurance covers equipment and tools at construction projects and jobsites. This coverage is sometimes called a “floater” because the coverage follows the equipment from one jobsite to the next and also while equipment is in tran

The purpose of Builder’s Risk Insurance is to protect property during the course of a construction project. It includes coverage for theft, vandalism, accidental losses, and damage, or destruction of property for which you have an insurable interest. This article will focus on the theft coverage

Are you preparing to build new construction or renovate your property?  Often overlooked is the need for insurance coverage during the course of the building process.  Fire, theft, vandalism, wind, and lightning are just some of the hazards that can become a threat to your new building well before