Contractor Bonds
Sometimes it is difficult to get the money you need to advance your business or expand your market. When you live and work in Massachusetts, you may find yourself in need of bonds. At Banas & Fickert Insurance Agency, we are committed to customer service and ensuring you have what you need to succeed. Because of this, we offer a variety of bonds for many different markets and needs.
Contractor bonds are very important for contractors to purchase to give a client peace of mind. They serve as protection in case something goes wrong with a job. In many cases, a contractor must be bonded in order to be licensed.
These bonds serve as a safety net in case a job is not completed to the client’s satisfaction, but can also protect contractors from accidents or unfortunate circumstances. A contractor bond can cover a variety of things, such as:
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Damage to property during construction
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Job is left uncompleted
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Lost or stolen materials from the jobsite
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Unpaid suppliers or subcontractors
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Workers walking off a job
Contractor bonds can be purchased through a surety company. The premiums to keep the bond current depend on factors such as the company’s history and how much the bond will cover in case a claim is made. If a claim is made on the bond, the claimant must contact the surety company with evidence to back up the claim. This would include proof that materials were purchased and not paid for or that there was some other problem that stalled the project.
Contractor bonds protect both contractors and property owners and are a must-have for any general contractor.
Get personal and individual service with us about your Contractor Bond at our office in Easthampton.
We are located in Massachusetts, and service all of Massachusetts. We know what it takes to effectively run a business in the area. We understand that sometimes you just need a little extra help in life. That is why we offer so many bond options.
Our friendly and knowledgeable agents are here to help you answer any questions in regards to Contractor Bonds or any other insurance needs. At Banas & Fickert Insurance Agency, we are committed to customer service. If you are in need of a bond, we will talk to you about your options, your needs, and more. We will make sure that you get exactly what you need, as well as the service you desire.
Some companies are required to have contactor bonds to operate in Massachusetts. At Banas & Fickert Insurance Agency, we will help you identify if there are any required bonds. If your business requires a bond, we will help you get the bond you need to do business in a timely manner.
Your company can grow and expand with the help of a bond. Make sure you understand exactly what you are getting and exactly what is required of you when you get a bond. Our agents will spend the time with you, ensuring you fully understand. We want to make sure you are happy – give us a call at 413-527-2700.
Banas & Fickert Insurance Agency
