Tag: surety

What is a Surety Bond? #liberty #mutual #surety #bonds


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What is a Surety Bond?

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Or, choose your state from the list below:

How Do Surety Bonds Work?

To put it simply, they guarantee that specific tasks are fulfilled. This is achieved by bringing three parties together in a mutual, legally binding contract.

  1. The principal is the individual or business that purchases the bond to guarantee future work performance.
  2. The obligee is the entity that requires the bond. Obligees are typically government agencies working to regulate industries and reduce the likelihood of financial loss.
  3. The surety is the insurance company that backs the bond. The surety provides a line of credit in case the principal fails to fulfill the task.

The obligee can make a claim to recover losses if the principal does fail to fulfill the task. If the claim is valid, the insurance company will pay reparation that cannot exceed the bond amount. The underwriters will then expect the principal to reimburse them for any claims paid.

For a more in-depth definition of surety bonds, watch the video below to get a breakdown of the two major bond categories and examples of how surety bonds are used in industries today.

Learn More About the Most Popular Bond Types

Have More Questions About Surety Bonds?

The experts at SuretyBonds.com are happy to answer any questions you have about the surety bond you need or how they work. Call 1 (800) 308-4358 Monday through Friday between 7 a.m. and 7 p.m. CST. You may also fill out an online contact form. and one of our experienced experts will call you as soon as possible. With SuretyBonds.com on your side, you don’t have to wonder, “What is a surety bond?” anymore.

Call 1 (800) 308-4358 to talk with a Surety Expert today.

or Request your FREE Surety Bond Quote online now

Bob Wolf Account Manager
Team Member Since 2009


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Farmers Insurance – Jimmy Ford – Bryan, TX – Auto Insurance #insurance #auto #insurance

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Farmers Insurance – Jimmy Ford

Farmers Insurance – Jimmy Ford in Bryan, TX – Brazos County is a business listed in the categories Auto Insurance, Insurance Motorcycles, Business Insurance, Homeowners Insurance, Life Insurance, Insurance General Liability, Direct Life Insurance Carriers, Home & Business Insurance, Insurance Companies, By Name, Automobile Insurance, Surety Insurance, Insurance, Insurance Automobile, Insurance Life and Insurance – Home & Business and offers Insurance Auto Insurance Home Insurance Life Insurance Homeowners Insurance Renters Insurance Business Insurance Motorcycle Insurance Financial Insurance Insurance Company and Insurance Advising. If you did business with Farmers Insurance – Jimmy Ford, please leave a review and help us improve and help other people. Also, don’t forget to mention Hubbiz.

Auto Insurance, Insurance Motorcycles, Business Insurance, Homeowners Insurance, Life Insurance, Insurance General Liability, Direct Life Insurance Carriers, Home Business Insurance, Insurance Companies, by Name, Automobile Insurance, Surety Insurance, Insurance, Insurance Automobile, Insurance Life, Insurance – Home Business

Insurance Auto Insurance Home Insurance Life Insurance Homeowners Insurance Renters Insurance Business Insurance Motorcycle Insurance Financial Insurance Insurance Company


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Hill – Usher #accident, #arson, #auto #insurance, #bid #bond, #boat, #bond, #bonding, #bonds, #burglary,

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WHY HILL USHER?

As trusted advisors to thousands of businesses and individuals throughout the nation, Hill Usher’s professional team of agents, account managers, support technicians, and other personnel all make the customer experience at our agency unique and special. We represent many of the nation’s premier insurance companies, including:

Acuity, AIG, Allianz, American Liberty, AmTrust Insurance, Badger Mutual, CHUBB Group of Companies, CBIC, Copperpoint Mutual, EMC Insurance Group, Encompass, Fireman’s Fund, Foremost, Great American, Guard Insurance Group, Hanover, Hartford Financial Group, Liberty Mutual, Metlife Auto Home, Midwest Family Mutual, Nationwide, Progressive, Republic Indemnity, RLI, Safeco, Secura, Seneca, Sequoia, State Auto Financial Group, Travelers Property/Casualty, Union Standard/Berkley and United Fire Group.

Interested in starting a CAREER with the Hill Usher Team?

Please click here for more information about Hill Usher and to submit your information to us!

Hill Usher launches instant online rating platform for personal Automobile and Homeowners insurance coverage

We are pleased to offer individuals in Arizona the ability to obtain immediate premium quotations from multiple insurance carriers through our online pricing engine. Please click here to start your quotation today.

Hill Usher also now offers instant online rating AND BINDING for insurance coverage while you are traveling in Mexico!

Arizona’s ABC 15 News Features Richard B. Usher, Hill Usher Principal

Most insurance carriers rely on a consumer’s credit score when determining an insurance buyer’s final rate for home or auto insurance. Like claims history, moving violations, age, sex, marital status, zip code and other factors, a “credit score” is considered by many insurance companies to be a strong predictor of future losses. Is this practice of running one’s credit fair to the insurance consumer? Do you have to provide your social security information to an insurance agent in order to purchase coverage? Are their discriminatory concerns? Does every state permit credit scoring?

In August 2009. ABC 15 contacted Hill Usher’s Richard B. Usher to weigh in on the topic of credit scoring. Click HERE to view the story and video interview.

Focused on Workers’ Compensation

Workers Compensation costs are on the rise in Arizona. Average rates have increased 50% for some employers since 2004.

Hill Usher partners with business large and small by providing competitive Workers’ Compensation policies. View our recent success by clicking here .

Our team of Workers Compensation experts includes former insurance company executives, loss control examiners, claims adjusters, and policyholders.

Whether your firm pays $1,000 per year or $100,000 per year for this coverage, call on Hill Usher to reduce your costs year after year, by:

(1) Managing your claims, including subrogation recovery.

(2) Assisting you with your safety program, early return to work initiative, or on site training programs.

(3) Watching your Experience Modifier.

(4) Providing you with the most cost effective solution, among a variety of insurance carriers, year after year.

For more information, please contact us. Or complete a brief profile online .

Established in 1995, Hill Usher Insurance Surety has grown from a small construction-only insurance agency into a full service agency protecting individuals and businesses working and living across the United States. Over the last fifteen years, the agency’s attention to automation, a quality customer experience, comprehensive staff training programs, and our relationships with the nation’s finest insurance carriers have attracted new clients whose lives and business have grown along with the agency. As the firms Managing Member, Richard B. Usher oversees the operations of the entire agency in conjunction with other management personnel.


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