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Follow on Google News | Surety/Performance Bonds for the Construction Business Specializing in Hard To Place ClientsAll Risk Bonding Group provides surety/performance bonds for the construction industry specializing in hard to place clients. The company has garnered a respected reputation in the business for superior service, fast availability and serious results.
By: All Risk Bonding Group "Any contractor whether in business for one year or 100, large or small, experienced or novice, can experience serious problems. Through the years surety bonds have held fast as a comprehensive and reliable instrument for minimizing the risks in construction." A surety bond or surety is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation. "Our markets will consider risks throughout North and South America, the Caribbean and Western Europe." said Schleger. The company only places bonds equal to or greater than $1mil USD, plus the program does not require credit checks, which can prove to be helpful for contractors who have been turned down by other bond markets. All Risk Insurance Group, Inc. is located at 123 NW 13th Street, Suite #202 in Boca Raton, Florida 33432. Call (561) 395-5220 or visit www.allriskinsurancegroup.com. For more information about surety and performance bonds view www.mybonding.com. End
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