Surety Bonding

A Surety bond is insurance or bond that covers obligations to pay the debts of or answer for the default of another, including faithlessness in a position of public or private trust. A Surety bonding is usually required for contractors who are looking to work on high-cost government contracts. Although a surety bonding may not be a requirement for your service, it may be a good idea, especially if you or your employees are performing sensitive work that may result in significant damage if there is a mishap.