Whether you require a bid bond or a surety bond in Maryland, D.C. or Virginia, A & A Insurance Center, LLC. can pair you with customized commercial bonds.
State bonds, also known as non-contract, license/permit or miscellaneous surety bonds, are generally required by local or state laws/statues to legally operate a business. A commercial surety bond is not an insurance policy, it is a guarantee, a form of credit. What it guarantees depends on the language in the bond. Commercial surety bonds are not usually difficult to obtain if you know what you need. A & A Insurance Center, LLC. can help get you the right commercial surety bond.
At A & A Insurance Center, LLC. we specialize in providing both large and small businesses with the following variations of a surety bond in Washington State:
Fiduciary Bond – A fiduciary bond, also known as a probate or estate bond, guarantees the executor will properly distribute the deceased’s assets.
Performance Bond – A performance bond guarantees the performance of contractually agreed upon work.
Bid Bond – A bid bond guarantees the beginning of work following the winning of a bid.
License Bond –A license bond is a bond guaranteed to a state or federal agency.
There are many reasons why Maryland, D.C., or Virginia require bonds. There are thousands of different types of bonds and a variety of items that may be required to obtain the bond. A & A Insurance Center, LLC. can provide the guidance needed to obtain the required commercial surety bond. Let our expert staff and knowledgeable agents help you make your job easier.
To learn more about your options for a surety bond in Maryland, D.C. or Virginia, give us a call at 301-638-9200.