There are many who confuse surety bonds with insurances, as they are both a means to protect finances. But, in their execution of this goal, they serve different purposes. Confusing the two or using them interchangeably can stop your business from growing. In the world of construction, constructions projects may require a surety bond. With […]
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Is there a Difference Between Surety Bonds and Insurances?
Have you been told that a surety bond is the same as insurance? Or that insurance is better than a surety bond in the field of construction? There are contractors, who feel, that construction bonds are not necessary in order for their business to succeed. Unfortunately, these are often the same contractors who do not […]
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