Surety Insurance Organizations 

Surety Insurance

By Denise Brown In the most common type of surety insurance, a surety insurance company guarantees that a contract gets completed. As the underwriter, a surety insurance company examines the contractor's credit history, financial assets, equipment, experience, work history and management skills, then determines whether the contractor is a good risk for a particular bond. If a contractor defaults on the surety bond, the surety bond provider ... Read more