As a contractor, you’ve got a lot on your plate – bids to put in, contracts to fulfill, subcontractors to hire (or fire). Now add a big storm that rips apart part of an active jobsite or an accident on the road with a company truck. Accidents like these are more than giant headaches. They […]
Category: Surety Bonds
Does Your Small Business Need to Be Bonded?
Written By Charlotte Insurance on March 12, 2019. It has 0 comments.
You’ve heard of companies that are licensed, insured, and bonded. Have you wondered if your own small business should be too? It helps to understand what a bond is and how it can help your business. What is a Bond? A bond is a guarantee between three parties: you, a customer or client that you’ve […]
Fidelity Bonds vs Surety Bonds – What’s the Difference?
Written By Charlotte Insurance on January 5, 2015. It has 0 comments.
Surety bonds come in all different shapes and sizes, depending on your business needs, but they are designed to do one thing – protect everyone involved in a contract.
Most surety bonds protect the customer who hired you to complete a job. Others, like fidelity bonds, protect both the customer and your business. Charlotte Insurance understands the different types of surety bonds and can help you make a more informed decision for how best to protect your business and your customers.
Landscaper Surety Bonds
Written By Charlotte Insurance on November 20, 2014. It has 0 comments.
With the passage of the new laws governing licensed landscapers in North Carolina, there’s a lot to take in and understand so that you’re in compliance. As of August 1, landscapers are no longer simply registered within the state but are now licensed and must show proof of purchase for surety bonds. What does this mean for you as a professional landscaper?