4 steps to successfully securing a surety & agent for your business
Sponsored by: Liberty Mutual Surety
In the simplest terms, most surety bonds guarantee that a construction company will complete the work in the established time frame and/or will pay their subcontractors on the job. But how does a contractor get a bond?
“The steps in obtaining a bond are fairly straightforward,” said Ty Ruff, contract underwriter at Liberty Mutual Surety, “but getting that first bond requires more than just steps, it requires due diligence in selecting an agency and a surety carrier.”
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