ZEAL INSURANCE AGENCY
  • Home
  • Quotes
  • Service
    • Report a Claim
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Free Consultation
  • Insurance
    • Business >
      • Business Insurance
      • Workers Compensation
      • Business Auto Insurance
      • Business Owners Package (BOP) Insurance
      • Inland Marine Insurance
      • Insurance Bonds
    • Personal >
      • Vehicles >
        • Auto Insurance
        • ATV Insurance
        • Boat Insurance
        • Classic Car Insurance
        • Motorcycle Insurance
        • RV Insurance
      • Property >
        • Home Insurance
        • Renters Insurance
        • Flood Insurance
    • Farm
    • Life/Financial >
      • Life Insurance
      • Umbrella Insurance
  • About
    • Client Testimonials
    • Refer a Friend
    • Accessibility Statement
  • Contact


Insurance Bonds

If you need an insurance bond to bid on or get hired for a new job call us. We're insurance bond experts and we'll get it taken care of you... Fast!

get a quote
Contact Us

What is an Insurance Bond?

An insurance bond ensures contract completion in the event of contractor default and are typically required by project owners when seeking a contractor to fulfill a contract. 

The contractor obtains a bond so the insurance company is obligated to compensate the project owner for the financial loss incurred if the work is not completed. ​

Typical Insurance Bond Types

Although there are many types of insurance bonds, the four most common types needed by business owners are:
  • Bid Bond - Ensures the bidder on a contract will enter into the contract and furnish the required payment and performance bonds if awarded the contract.
  • Payment Bond - Ensures suppliers and subcontractors are paid for work performed under the contract.
  • Performance Bond - Ensures the contract will be completed in accordance with the terms and conditions of the contract.
  • Ancillary Bond - Ensures requirements integral to the contract, but not directly performance related, are performed.


Contact us to learn more about the right insurance bond for you.
(616) 920-0809
1345 Monroe Ave NW,
Suite 304
Grand Rapids MI 49505
Click Here to Email Us
Insurance Bonds Quote
Get a quote for an insurance bond

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

Zeal Insurance Agency
1345 Monroe Ave NW,
Suite 304
Grand Rapids MI 49505
(616) 920-0809
Click Here to Email Us
Review Us
Picture
Website by InsuranceSplash
  • Home
  • Quotes
  • Service
    • Report a Claim
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Free Consultation
  • Insurance
    • Business >
      • Business Insurance
      • Workers Compensation
      • Business Auto Insurance
      • Business Owners Package (BOP) Insurance
      • Inland Marine Insurance
      • Insurance Bonds
    • Personal >
      • Vehicles >
        • Auto Insurance
        • ATV Insurance
        • Boat Insurance
        • Classic Car Insurance
        • Motorcycle Insurance
        • RV Insurance
      • Property >
        • Home Insurance
        • Renters Insurance
        • Flood Insurance
    • Farm
    • Life/Financial >
      • Life Insurance
      • Umbrella Insurance
  • About
    • Client Testimonials
    • Refer a Friend
    • Accessibility Statement
  • Contact