Guarantees For Your Performance & Work
At VML Insurance, we provide a variety of commercial bonds to contractors throughout the Greater Grand Rapids area. Specialists in the construction industry, we offer a full range of commercial bonds including:
License and Permit (Contract) Bonds
License and Permit Bonds are the most common types of bonds issued. Almost every business which needs a license or permit is required to carry a contract bond which is issued at the request of a government entity to ensure a legal, guaranteed, and completed performance of agreed work.
Surety Bonds
A surety bond is a written agreement that usually provides for monetary compensation in the case the principal fails to perform the acts promised within the contract. A surety bond typically guarantees the payment of subcontractors for services rendered and suppliers for materials provided for the bonded project.
Other Commercial Bonds
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Our insurance professionals are here to assist and are committed to protecting our clients by providing quality insurance products and benefits plus sound advice delivered with exceptional service.
If your business is in need of commercial bonds or would like more information on our programs, please contact us today at 616.949.4250 or feel free to request a quote.
