Saint John IN Office: (219) 365-7706
Lansing IL Office: (708) 339-7330
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Contractors Bonds (Contractors Surety Bonds)

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There are several types of Surety Bonds for contractors: Bid Bonds, Performance Bonds, Payment Bonds, License Bonds and Supply Bonds are a few. In general, surety bonds assure a project owner that they can rely on contractor performance, ability to make payments to certain other parties (sub-contractors, e.g.), good faith bid submissions and so on. The issuer of sureties, usually an insurance company subsidiary, investigates the abilities of a contractor and, in the event of a valid claim, will make reimbursement for non-performance according to the terms of the surety.

Information Needed for General Agreement of Indemnity:

Federal ID Number of each corporation
Full Name and Social Security Number of each stockholder and their spouses
Home Address of each stockholder and their spouses
Legal Name and Address of Corporation.
For Bid Bond Purposes - State(s) of Incorporation

Do you have questions about Contractors Bonds?

Contact an insurance agent at Lagestee Insurance today to answer any questions about getting a Contractors Bonds.

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2 Convenient Locations in Indiana and Illinois:

Lagestee InsuranceSaint John Office
8229 Wicker Avenue
Saint John, Indiana 46373
Phone: (219) 365-7706

Lagestee InsuranceLansing Office
3043 Ridge Rd., Ste 101
Lansing, Illinois 60438
Phone: (708) 339-7330