Surety Bonds

A surety bond is a promise to be liable for the debt, default, or failure of another. It is a three-party contract by which one party (the surety) guarantees the performance or obligations of a second party (the principal) to a third party (the obligee).

The main difference between surety bonds and insurance is who the policy protects. A bond functions as a form of credit for you, the policyholder, and is intended to protect the public (i.e., your customers) from financial harm.

Dunn Insurance provides clients with the competitive rates and amazing customer services!