You may have heard about surety bonds but aren’t really sure what they are… Many people get confused between bonds and insurance but although they appear similar they can have very different implications for both businesses and consumers. The team at Viking Bond Service is here to clear up the confusion by explaining the difference between surety bonds and insurance policies.
Tag: Insurance
Top Surety Bond Myths
Surety bonds are often misunderstood both by the business who needs a bond and the person or entity trying to make a claim against one! We’ve highlighted the top three surety bond myths to help you understand how surety bonds work: