Bonds in Chapel Hill, NC
Protecting your Business from Risk
Bonds generally come in two forms—investment bonds and security (insurance) bonds. Insurance bonds protect against defaulted payments or service on behalf of the party a bond was issued to. Basically, if your business is at risk of defaulted service or payment, a bond can cover this delinquency.1
Owning a business always involves risks, both to your employees and the clients your serve. Sometimes these risks require bonds, which secure you and/or your clients against risks. At All About Insurance we know how risks unsupported by bonds can lead to hardships for a new business, and we understand how to mitigate these risks. We have a comprehensive bond program, and through this program we offer several business-related bonds. If you need to secure your operation or if a client needs security, we can provide a bond that delivers the necessary security. Our pricing reflects the particularities of individual business types and the risks they carry. Call today to discuss bond pricing with an agent.
At All About Insurance we provide surety bonds and fidelity bonds. Surety bonds guarantee compensation for uncompleted work on a contract. Fidelity bonds protect companies against fraudulent acts by specific individuals, typically employees who abuse their position to a company’s detriment. Both surety and fidelity bonds can be adapted to fit a variety of businesses and situations, including performance and payment bonds and Employee Retirement Income Security Act (ERISA) bonds, respectively. We offer these and many other bonds. We’ll work with you to ensure that you get the right bond to protect your operation.
We work with a large number of carriers in order to give you the greatest possible selection of bond options, and the options in this selection from which you can choose include:
- Performance Bonds
- Contractor’s Bonds
- ERISA Bonds
- Fiduciary Bonds
- Sub-Division Bonds
- Court Bonds
- Conservator Bonds
- Surety Bonds
- Fidelity Bonds
- Public Officials
- Liquor Licenses
Sometimes having a bond is part of getting a license. If you need a license or if you need a bond of a particular kind, please contact an agent at All About Insurance. He or she will help you get what fits you.
What you can expect
We consult one-on-one with clients in order to understand their needs. Doing so enables us to identify the right bonds and to help clients make the right purchases. Once a bond has been issued, we’ll monitor the parameters of the agreement to confirm a contract is being executed. If agreements outlined in bonds are violated and claims are filed, we manage the claims. As an All About Insurance client you’ll be fully supported.
We’re reachable at almost any time, so if you need to get a hold of us, you can.
Additional Bond Information:
- North Carolina Surety Bond Consumer’s Guide (The North Carolina Department of Insurance)
- Surety Bond Information and Resources (The U.S. Small Business Administration (SBA))
- Fidelity Bond Information and Resources (The U.S. Small Business Administration (SBA))
We are proud to provide bonds in Chapel Hill, Raleigh, Durham, Eden, Burlington, and Cary, NC. We also serve other areas in the state.
1Oliverio, Mary Ellen, and Allie F. Miller. "Bonds." Encyclopedia of Business and Finance. 3rd ed. Vol. 1. Farmington Hills, MI: Macmillan Reference USA, 2014. 58-61. Gale Virtual Reference Library. Web. 17 Nov. 2015.