BONDS - TYPES AND CLASSES

TYPES OF BONDS:

* License Bond                 * Performance Bond                  * Auto Dealer Bond

* Tax Bond                       * Payment Bond                        * Title Bond

* Contract Bond                * ERISA Bond                          * Crime Bond

* Utility Bond                     * Personal Guarantee Insurance * Bid Bond

Each bond and each situation is unique and requirements may vary. The easiest way to understand your needs and the needs of your company is to talk with an agent.

Some states require License and Tax bonds for different fields and specialties, although every state is different. Larger projects and owners may request Performance, Payment or contract bonds; and you should always talk with a program manager to get a program setup prior to pursuing anything involving these.

Government agencies have moved into requiring bonds for more and more sectors of business. These can include but are not limited to: Tax bonds, Title Bonds, Public Works, Utility and Auto Dealer Bonds.

If you are not sure of where to start feel free to contact us directly and we will point you in the right direction!

For more info contact: Adam@jaknappagency.com or John@jaknappagency.com

or you can visit: http://www.jaknapp.com/

Adam Griggs

VP - JA KNAPP AGENCY

Celeritas et Veritas - Promptness & Truth