What Is The Difference Between Surety Bond And Insurance?

What Is The Difference Between Surety Bond And Insurance? Insurance protects the business owner, home owner, professional, and more from financial loss when a claim occurs. Surety bonds protect the obligee who contracted with the principal to perform specific work on a project by reimbursing them when a claim occurs. Is a surety bond a … Continue reading What Is The Difference Between Surety Bond And Insurance?