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The difference between bid bonds and payment bonds

May 23, 2024 UFG Insurance Surety Read Time: 5 min

From whom they protect, to bond claims and general cost, there’s a difference between bid bonds and payment bonds. Here’s what you need to know.

The top 5 reasons for contract failure

August 14, 2023 UFG Insurance Surety Read Time: 5 min

Surety bond claims and contract failure typically stem from five (preventable) problems. Here’s how your surety agent can help you navigate these risks.

UFG Surety Marketing Manager Ky Saylor, speaking with client

How much does a surety bond cost? Q&A with UFG Surety’s Kyanna Saylor, AFSB

April 11, 2023 UFG Insurance Surety Read Time: 3 min

We sat down with Ky to discuss the all-important question: How much does a surety bond cost?

Surety bonds vs contractor insurance: What is the difference?

February 2, 2023 UFG Insurance Surety Read Time: 3 min

If you're wondering whether you need surety bonds or contractor insurance for your growing business, the answer is likely both! Learn more about these two common coverage tools in the contracting industry.

3 reasons Property and Casualty agents should cross-sell surety bonds

January 17, 2023 UFG Insurance Agents Business Surety Read Time: 3 min

If you're looking for a competitive edge as a P&C producer, cross-selling surety bonds may be the ticket. Here are three reasons you should already be cross-selling.

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