Different surety needs are met by different classes of surety bonds. Yates Insurance Agency has decades of experience servicing contractors and businesses big and small giving us the complete understanding of contracts needed to help your company grow. We deal only with the most trusted sureties, and have a proven record of placing bonds for business owners and contractors new to bonded work to the most difficult bonds for hazardous work to owners with inexperience on larger project and those with financial difficulties.
Contract Bond – guarantees that an entity awarded a contract will meet its obligations under that contract. Included in this group are bid bonds, performance bonds, payment bonds, maintenance bonds and supply bonds.
Subdivision Bonds – guarantee that developers will make certain “off site” or “public” land improvements in accordance with state, county or municipal specifications.
Commercial Surety Bond – can guarantee a variety of business obligations which require surety bonds. Commercial Surety Bonds include all non-contract surety bonds, including numerous types of license and permit, miscellaneous and court bonds.
License & Permit Bonds – guarantee that individuals granted a license or permit to operate a business or to exercise a privilege will meet the obligations under that license or permit.