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Owens Insurance Agency Blog: surety

View the latest blog posts from Owens Insurance Agency.

Tuesday, January 25, 2022

3 Common Types of Bonds

Surety bonds are essentially a guarantee that the principal will perform their job as detailed in the contract. If a person or business hires a bonded contractor and the work does not get done as promised, the company that issued the bond is responsible for the resulting financial losses. READ MORE >>

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