Are All Surety Producers the Same ?
Choosing a surety bond producer that is competent and knowledgeable could save your business a good amount of money. In past blogs we’ve briefly mentioned the benefits of choosing a surety bond producer who is knowledgeable and competent in order to make sure that you get the correct bond with all the t’s crossed and i’s dotted so that you have the best chance at winning a bid. But there is also another reason.
With surety bonds, you are the one that pays the claim if someone files against you. The surety bond is there as a three party contract. But what happens if your surety bond doesn’t fully protect you, and you have to pay for a false claim or pay more than is necessary? This is where it is important to make sure that the surety bond producer you choose to do business with has years of experience and knows the field, so that you are protected as well.
With some larger surety bond producer companies, you are just a numbered file in a filing cabinet. But at Surety Bond Professionals, we pride ourselves on customer service and knowing each of our customer’s surety bond needs. Don’t get lost in the filing cabinet, instead let us know you on a one on one basis. We promise you, you won’t regret it.
Choosing a competent and knowledgeable surety bond producer could save your business money.
A competent and knowledgeable surety bond producer will make sure you are fully protected.
Being fully protected will guard you from false or unnecessary claims.