Bonds are typically distinguished between Surety Bonds and Fidelity Bonds. Surety Bonds simply guarantee the performance of a contract. Fidelity Bonds protect against the dishonesty of employees or persons occupying positions of trust. The rest of the bonds fall into the miscellaneous category.

It is important to understand that bonds are actually a form of credit and not an insurance policy. A bond is a three-party contract where the Bonding Company (Surety) guarantees that the company that buys the bond (principle) will fulfill the contract or obligation stated in the bond or else the Surety Company that issued the bond will pay the entity that suffered the loss (Oblige or your client). There are hundreds of bonds that Insource Insurance Agency can write, but we have selected a sample of those most commonly requested.

Why Choose Insource?

With our many years of experience providing a variety of bonds to businesses in Southern California, we can help you obtain the right bond for your unique business needs. If you have any questions about bonds and the bonding process, please contact us.