Bonds Insurance - Mineral Wells, TX
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What is Surety Bonding?
Surety bonds are a type of contract between three parties. This contract promises responsibility for a debt or fault. The three parties involved in a surety bond are: ...
The Roles of Surety Bond Principals
If you have to get a surety bond, you are the bond’s principal. By providing the bond, you’ll be able to guarantee clients that you can meet their contractual obligations. Still, just getting a bond isn’t enough. You have to complete a few requirements and stipulations to keep the bond in good standing....
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