Bonds
FIDELITY BONDS reimburse the employer for losses that were caused by dishonest employee actions such as fraud, theft, or embezzlement.
SURETY BONDS cover negligence. There are several types of surety bonds available. Contract bonds are used for building contractors, Bid bonds are used for submitting a bid for a contract, Performance bonds are used to guarantee that work is completed to specifications, and Payment bonds are used to guarantee that labor and material bills will be paid by the contractor.
For Fidelity, Surety, or other bond information, simply submit the information request form or call 972-843-2954.