Business Insurance, Hickory, NC Surety Bonding, Hickory, NC
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We can assist you with all three types of surety bonding, namely bid bonds, performance bonds, and payment bonds.

It is not uncommon for a contractor working on large-scale projects, including government projects, to be required to obtain surety bonding for each project they will be involved in. Your customer becomes the owner of the contract and the surety company provides the assurance that the project will go as planned. While they may not anticipate a problem with the bid, your performance, or payment of subcontractors and purchase costs of materials, surety bonding gives them peace of mind that, should something go wrong, they will be compensated accordingly.

At Legacy Insurance Partners, we can assist you with all three types of surety bonding, namely bid bonds, performance bonds, and payment bonds. You’ll have peace of mind right along with your customers regarding the things that are beyond your control that could go wrong. You’ll avoid financial loss and protect your company’s image because your customer will be taken care of even if unforeseen issues arise.

If you are bidding on a large project, and either your customer requires surety bonding or you want it for their protection and yours, give us a call at our Hickory, North Carolina office. A commercial insurance specialist will be happy to help you and will walk you through the process of obtaining surety bonding for one or more projects. Don’t hesitate to contact us if you would like to know more about bonding or any of our other commercial insurance products or services.

Your Questions About Surety Bonding Answered

If you are working on a large-scale or government project, your business may be required to obtain surety bonding. If you have questions about this type of insurance product and our approach a trusted insurance advisors, we have answered a few common questions we receive down below.

In its simplest form, a surety bond is a written agreement entered into by separate parties that guarantees performance, payment, or compliance. Surety bonds are unique because they involve three separate parties, which typically include the insurance company, the company that purchases the bond, and the obliged party.

Not only can we assist you with all three types of surety bonding (payment, bid, and performance bonds), but we will also recommend the best product for your situation. Our “no sales” approach gives us the freedom to always do what is best for our client.

With our consultative approach, we provide a fee-based option, instead of one that is commission based. This ensures transparency and builds trust among our clients.

We always perform our due diligence and work to fully understand complex issues. Our goal is to always build a long-term relationship with our customers.

You can reach out to our insurance brokerage directly, and we will help you set up an appointment with one of our insurance advisors at a time that works well with your schedule.

With surety bonding representatives serving the communities of Asheville, Davidson, Greensboro, Hickory, North Wilkesboro, Albemarle, and Raleigh, North Carolina, our team at Legacy Insurance Partners is available to partner as your trusted business insurance advisor utilizing a consultative approach.


Proudly Serving: Hickory, Wilkesboro, Newton, Lenoir, Conover, Morganton, Taylorsville, Boone, Statesville, Lincolnton, Mooresville, Gastonia, Charlotte, Blowing Rock, Winston Salem, Maiden, Huntersville, Asheville, Raleigh, Greensboro, Davidson.

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