The Three Types of Surety Bonds to Know
Surety bonds offer insurance protection for liabilities such as debt, default, or failure to fulfill a contract. These ensure that a service is rendered according to an agreement. If a side has committed a wrong, the part they have wronged will receive full compensation for the service cost. The arrangement follows coordination among three parties; […]
How Lender-Placed Insurance Can Help
Lender-placed insurance is something that can help consumers when they are in need extra assistance in the event of a natural disaster. Recently, insurance companies have scrutinized companies for potential risk, considering the potential for large claims and loss. Floods and natural disasters make specific properties vulnerable. Similarly, insurers can withdraw their coverage, leaving industry leaders […]
