Bird Insurance Services Provides Surety Bond Insurance for Ocala, FL

What is a Surety Bond?

A Surety Bond is a three-party agreement whereby the surety guarantees to the oblige (the project owner) that the principal (the contractor) is capable of performing the contract in accordance with the contract documents. Performance of the contract, which is the subject of the bond, determines the rights and obligations of the surety and the oblige.

Bird Insurance Services is a respected surety bond company in Florida.

Bond Insurance

Different Types of Florida Surety Bonds Offered by Bird Insurance Services Here are the eight different families of surety bonds

Fidelity Bonds

Fidelity bonds are forms of insurance that covers policy holders for losses that were results of fraud. If your business is about to embark on a new Florida venture, it’s always important to have a fidelity bond in case the new venture turn out to be fraudulent.

Fidelity bonds also insure businesses for losses due to dishonest acts of employees. In the unfortunate event your employee steps outside your company values, you’ll have the peace of mind that any losses incurred on their behalf are covered by your fidelity bond

Public Official Bonds

If you’re active in Florida politics, you may already be familiar with public official bonds. Public official bonds allow public officials to show they can be trusted for their services. It protects taxpayers in the event of fraudulent services by a public official. There are different public official bonds for different job types such as court clerk, notaries, and law enforcement.

Contract/Construction Bonds (Bid And Performance Bonds)

Contract bonds guarantee that contracts are fulfilled. Traditionally, these bonds are used in the construction industry. However, it can be used for other types of service industries where a contract for work may need to be drafted.

Fiduciary Bonds

A license and permit bond protects consumers by guaranteeing businesses will play by the rules. Each bond is distinct to a specific industry and offers protection to both governments and consumers.

License And Permit Bonds

A license and permit bond protects consumers by guaranteeing businesses will play by the rules. Each bond is distinct to a specific industry and offers protection to both governments and consumers.

Judicial Bonds

If you’re ever involved in a lawsuit, you may need a judicial bond. Judicial bonds are court ordered bonds to ensure you can pay costs related to legal action. There are judicial bonds for both plaintiffs and defendants.

Notary Bonds

Notary bonds protect the public from fraudulence or protects notaries from errors and omissions. A typical notary lawsuit can be up to tens of thousands of dollars. Having a notary bond in place protects both the public and the notary.

Miscellaneous Bonds

For all other bonds needed for your Florida business, Bird Insurance Services has you covered. This includes things such as permits, personal care assistance, lost trust notes, and unemployment.

Bird Insurance Services Has Your Florida Surety Bond Needs Covered

If you have any questions about surety bonds, don’t hesitate to contact Bird Insurance Services. Contact us for a free quote today at (352) 622-3899 or fill out the form on this page. We look forward to hearing from you.






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