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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.
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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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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

 May 6, 2022     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?
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Team of contractors wearing safety equipment and shaking hands near job site

3 reasons why your business may need a contract surety bond

 March 29, 2022     UFG Insurance    Business   Surety  Read Time: 4 min
Publicly funded projects require surety bonds by law, but there are other reasons why your business may need one. Check out our top three reasons for a contract surety bond.
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Construction workers shaking hands

The difference between bid bonds and payment bonds

 October 19, 2021     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.
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Scott Bailey smiling at camera in suit

Being a contractor during economic uncertainty: Q&A with Scott Bailey

 July 21, 2021     UFG Insurance    Surety 
History tells us a lot about what it’s like to be a contractor during economic uncertainty. Here are a few things to consider from UFG Surety’s Scott Bailey.
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Worker in conversation with another person.

How to verify a surety bond with UFG Surety’s Dennis Richmann

 June 3, 2021     UFG Insurance    Surety  Read Time: 4 min
Fraudulent surety bonds continue to be an issue for the construction and lending industries. Here are a few tips on how to verify a surety bond.
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People conversing at a construction site with hard hats.

UFG Surety: Providing the surety knowledge you need

 April 16, 2021     UFG Insurance    Surety  Read Time: 3 min
When it comes to surety bonding for your project or business, you need a partner that you can trust with experience, knowledge and financial strength. Look no further than UFG Surety.
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UFG Surety's Quinson Holderness discussing popular commercial surety bonds

Commercial surety bonds: A Q&A with UFG Surety’s Quinson Holderness

 July 23, 2020     UFG Insurance    Surety  Read Time: 6 min
UFG Surety’s Quinson Holderness discusses what we need to know about commercial surety bonds, how COVID-19 pandemic has impacted the surety market and more.
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Crane moving walls at pre-fab construction facility

One construction method that’s growing amid the pandemic

 July 10, 2020     UFG Insurance    Surety  Read Time: 5 min
What’s going to happen with construction in the pandemic? One method of construction was seeing significant growth before—and now during—the first half of 2020.
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Contractors shaking hands with local business owners in-between work

Relationship building for contractors: Creating a positive client experience

 June 17, 2020     UFG Insurance    Business   Surety  Read Time: 3 min
A positive business relationship can have a tremendous impact on future customers. Here are some tips on relationship building for contractors and what they can do to create a positive client experience.
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Construction leaders reviewing blueprints at jobsite

10 business lessons contractors can learn from

 June 4, 2020     UFG Insurance    Surety 
A surety is an important partner for contractors when it comes to successfully growing their business. Here are 10 business lessons contractors can learn from to avoid destroying their bonding.
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