COMMERCIAL INSURANCE ASSOCIATES, INC.
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    • Business Quotes >
      • General Liability Insurance Quote
      • Commercial Auto Insurance Quote
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      • Surety Bonding Quote
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  • Service
    • Report a Claim
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  • Insurance
    • Business >
      • General Liability Insurance
      • Commercial Auto Insurance
      • Workers Compensation
      • Commercial Property Insurance
      • Surety Bonding
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Group Benefits
      • Insurance Bonds
    • Vehicles >
      • Auto Insurance
    • Health >
      • Health Insurance
      • Dental Insurance
      • Vision Insurance
    • Life/Financial >
      • Life Insurance
      • Umbrella Insurance
    • Property >
      • Home Insurance
      • Flood Insurance
      • Landlords Insurance
  • About
    • Client Testimonials
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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!

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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.
(855) 722-5424
1547 New London Rd
Landenberg, PA 19350​
Click Here to Email Us
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Commercial Insurance Associates, Inc.
1547 New London Rd
Landenberg, PA 19350
(855) 722-5424​
Click Here to Email Us
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