Surety

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.

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.

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.

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.

The 4 most common types of contract bonds

May 13, 2020 UFG Insurance Surety

Want to stand out from the competition? That’s where a contract surety bond and surety capacity come into play. Here are the four most common types of contract bonds.

Diverse construction team at work site reviewing construction plans.

5 tips to help grow your independent contractor business

March 18, 2020 UFG Insurance Business Surety

Here are five effective tips to help grow your independent contractor business.

Three people in hard hats at construction site with the leader pointing out good work.

3 Keys to Establishing a Surety Relationship

January 6, 2020 UFG Insurance Surety

Contractors have enough to worry about. But if you’re considering pursuing projects requiring surety bonds, the first step is to build a surety relationship that will benefit you for years to come.