Florida Surety Bonds
Looking for an insurance policy that will ensure all contractual obligations are fulfilled?
Well, look no further. Here at Advanced Insurance Underwriters we specialize in South Florida surety bonds. A surety bond is a reverse insurance policy issued by a verified entity (the surety) on behalf of a second party (the principal). The surety guarantees that the second party fulfills any contractual obligations to a third party (obligee). With many kinds of surety bonds to choose from, we can help you find the right policy to fit your needs.
Our south Florida surety bonds options include:
- Contract bonds- Usually used by the construction industry in contracts involving a project owner (obligee) and a general contractor (principal) wherein the surety ensures the contractor adheres to the provisions of a contract.
- Commercial bonds- all other bonds including but not limited to:
- License and permit bonds- a guarantee from a surety to a government and its constituents (obligee) that a company (principal) will comply with all statutes, state laws, municipal ordinances, and/or regulations
- Court bonds- bonds relating to the courts including judicial and fiduciary bonds
- Public official bonds- assure honest and faithful practices of elected or appointed members of government
- Miscellaneous bonds- support private relationships and/or unique business needs
In the event of a claim, we will investigate the details to protect all parties involved. If the claim is valid, the surety will directly pay the obligee, who will then, in turn, ask the principal for reimbursement.
Call Before It’s Too Late.
Don’t get left wondering how things got to this point; prevent the bad from happening in the first place with a surety bond. Our surety bond specialists are standing by to assist you; please call, email or fill out our contact form today for a comprehensive rate quote.
