Category Archives: Surety Bonds

How to Get Your California Contractors License in 7 Steps

California contractor working on a job

If you’re embarking on the exciting journey of becoming a licensed contractor in the Golden State, you’re in the right place. In this article, we’ll cover everything you need to know about getting and maintaining a California contractors license – from who requires it to the nitty-gritty details of the application process. Who requires California […]

Why Does My Surety Provider Ask for Full Financials?

Surety expert helping client with bond application by requesting full financials

When working with a surety bond provider, you’ll likely encounter the term “full financials.” The concept comes into play during the bond application process.  But what does it mean? Why would your surety ask for it, and why should it matter? We put this guide together to answer all the questions we frequently get on […]

Bond vs. Insurance: 7 Key Differences

Agent explaining the concept of bond vs. insurance

Surety bonds and insurance are two types of financial protection. Surety bonds guarantee that a person or company will fulfill their obligations, while insurance pays for losses if something goes wrong. In this guide, we’ll break down the core differences between surety bonds vs. insurance. That way, you’ll know how each will serve you best. […]