Morrow Insurance Agency, Inc. Mobile

Insurance Products

Contractors Bonds (Contractors Surety Bonds)

There are several types of Surety Bonds for contractors: Bid Bonds, Performance Bonds, Payment Bonds, License Bonds and Supply Bonds are a few. In general, surety bonds assure a project owner that they can rely on contractor performance, ability to make payments to certain other parties (sub-contractors, e.g.), good faith bid submissions and so on. The issuer of sureties, usually an insurance company subsidiary, investigates the abilities of a contractor and, in the event of a valid claim, will make reimbursement for non-performance according to the terms of the surety.

Information Needed for General Agreement of Indemnity:

1. Federal ID Number of each corporation
2. Full Name and Social Security Number of each stockholder and their spouses
3. Home Address of each stockholder and their spouses
4. Legal Name and Address of Corporation.
5. For Bid Bond Purposes - State(s) of Incorporation

Call (828) 693-5396 today for a Contractors Bonds (Contractors Surety Bonds) insurance quote.

Morrow Insurance Agency
800 Beverly Hanks Centre
Hendersonville, 35 28793
Phone: (828) 693-5396
Toll Free: (800) 228-3132
Fax: (828) 693-5496


Morrow Insurance Agency
246 South Main St.
Marion, 35 28752
Phone: (828) 652-6212
Toll Free: (888) 652-6212
Fax: (828) 652-4788


Morrow Insurance Surety Bonds
5200 Park Road Suite 100
Charlotte, 35 28209
Phone: (704) 522-6364
Toll Free: (866) 522-2663
Fax: (704) 522-6362


http://www.morrowinsurance.com