Surety Bonds

Create a “bond” like no other with ISU Jallad Insurance Services. We work to handle all of your surety bonding needs, no matter the situation.

If you are a contractor or business owner, there may come a time when you are in need of a surety bond. These bonds are designed to guarantee performance in the face of a set of particular risks. These risks are unique to you and therefore, require that each surety bond to be uniquely tailored to you. This is where our agency can help.

ISU Jallad Insurance Services represents a wide variety of top surety bond companies, ensuring that we can handle your needs properly. Whether you have good credit or have been declined due to credit, financial and/or bond type, our agents will do all that we can to take care of the situation at hand. It is our goal to implement “creative solutions” for “out of the box” surety bonds.

There are a variety of surety bonding solutions available at ISU Jallad Insurance Services. We take great pride in being able to provide the three most common types…

Contract Bonds

A contract bond is designed to provide financial security and construction assurance on building projects. It ASSURES that the contractor is qualified to perform the work that he or she says they can, as well as assurance to pay certain subcontractors, laborers, material suppliers and others needed to complete the project. In essence, the several bond types that are needed will ensure that a construction project is properly completed from start to finish. These bonds include:

  • Bid
  • Performance
  • Payment
  • Maintenance
  • Subdivision

Overall, contract bonds are required in order to protect the owner, county, state or federal government. Bonds that are under $250,000 are written with one simple application while higher bond limits are heavily underwritten, which requires more information from the contractor. For more information, you can ask our experienced agents.

Commercial Bonds

This type of bond represents a broad range of bond varieties that do not generally fit into contract bond classification. Our agency can help you with the following commercial surety bonds:

  • License and Permit
  • Court and Fiduciary
  • Public Official
  • Medicare
  • And more…

Commercial surety bonds are usually required to meet many local and state government regulations. Some business owners must obtain commercial surety bonds before they can legally conduct business in their municipality or state. Our application for this type of bond is simple. In many cases, we may be able to issue the bond the same day! Find out more, today.

Fidelity Bonds

While every business owner should trust their employees, it is never a bad idea to be extra cautious and protected. A fidelity bond is a form of crime insurance that can help safeguard your business’ assets, monies, securities and more. This type of bond is designed to protect the business for losses incurred as a result of fraudulent acts made by employees. Fidelity bonds include:

  • Business Service (Employee Dishonesty Bonds)
  • Crime
  • Pension Trust Bonds (ERISA)

Instead of waiting for the worst case scenario, you can easily obtain a fidelity bond for a low cost. Submit a one-page application and our agency would be more than happy to quote you the SAME day.

Allow ISU Jallad Insurance Services to help you with your surety bonding needs.

At ISU Jallad Insurance Services, we have experts readily available to help YOU navigate the surety bonding process. It is our goal to provide surety bond solutions for you or your business now, and where you and your business will be in the future. No matter what type of client you may be – small, medium or large – our agency can handle all many different projects and businesses.

To get started, please call 888-773-1548 at your earliest convenience. Our agency looks forward to helping you get bonded!

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