Bonding is a form of insurance for your business. Bonds are contracts between an issuer (the person or company writing the bond) and an obligee (the person or company the bond protects). When the obligee makes a claim on the bond, the issuer agrees to pay for some type of obligation.
Some common types of bonds are contract, license and permit, judicial and probate, surety. These bonds can be used to cover different types of expenses like liability, taxes, payrolls, and more.
The benefits of bonding include peace of mind for business owners and protection against unforeseen events such as lawsuit judgments against you; payment due to injury or property damage; or unpaid taxes. Protect yourself with bonding today!
At Sea Mountain Insurance, we're not your typical insurance agency. We're an independent insurance agency representing some of the top property & casualty companies in the country. We're able to offer our clients a broad range of products that provide them with the assurance that they need to protect their assets, their family's future, and their livelihood. Contact us about Bonds or for a free review and quote for Bonds.
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