An obligation of an insurance company is to protect one against financial loss caused by acts of another.Underwriters use credit and financial information to determine the cost of the bond that is right for you and your needs.
What are bonds?
A Contractor’s License Bond is a License and Permit Bond which is designed to assist all types of contractors. Each contractor, no matter their trade, is required to carry a contractor license bond by the state where they operate. Contractor bonds will assure that the contractor will operate in compliance with the local statutes as well as laws.
Unlike contractors insurance, bonds are designed to guarantee integrity, quality performance, financial responsibility; bonds also ensure compliance with a contract and especially laws formatted by the state in which operation is undergone in.
With competitive rates and expertise in California’s construction field, Target Insurance Services is here to provide you and your business the coverage and information you need.