320 HUTCHINSON LN., ST. AUGUSTINE, FL 32095
CONTRACT & COMMERCIAL BONDS BUSINESS RISK INSURANCE
What we provide
CONTRACT BONDS
Contract Surety Bonds
Contract Surety Bonds are bonds that the government or an owner of a construction project may require a contractor to obtain. There are three types of contract surety bonds:
- Bid bond - Affords protection to a project owner (obligee) in the event a successful bidder will enter a contract and will provide the required surety bonds or other security
- Performance bond - Provides protection to the obligee if the contractor defaults on its obligations under the bonded contract
- Payment bond - Guarantees that the contractor will pay subcontractor, labor and material bills associated with the construction project.
- Maintenance bond - Purchased by a contractor and protects the owner of a completed project for a specified time against defects and faults in materials, workmanship, and design that could arise later if the project was done incorrectly.
COMMERCIAL BONDS
A commercial bond is a very general type of surety bond. A commercial bond, such as a contractor license bond, is most often required by government agencies; federal, state or local. ... A surety will attempt to recoup its losses from the principal who is ultimately financially liable.
There are hundreds of different bond types. A few of our most requested bonds are:
- Business Service Bond
- License & Permit Bond
- Agricultural Products Dealer Bond
Builders Risk Insurance
Commercial and Residential Builders Risk Insurance
- Builders Risk
- Premises Liability
- Contractors Equipment
- Vacant Structures
Building Relationships
C & D Insurance & Bonds, Inc. has been in business for over 35 years providing our clients with the tools needed to achieve the growth and opportunity's they are seeking to reach.
We believe it is paramount to partner with "A" rated companies to give our clients the very best there is to offer.
C&D has multiple surety markets to best fit the clients need and all Builders Risk policy's are written through US Assure (Zurich) .
We look forward to hearing from you!
