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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.

3 Steps to help an insurance agency start writing surety bonds

May 10, 2024 UFG Insurance Surety Read Time: 4 min

Thinking about adding surety to the book of business at your insurance agency? Here are three steps to help you start writing surety bonds.

3 easy steps to prepare your business for a hurricane or severe storm

May 1, 2024 UFG Insurance Business Read Time: 3 min

Prepare your business for a hurricane or severe storm by taking actions today that can help you be as ready as possible for what weather throws at you.

7 surety bonding habits of successful contractors

August 14, 2023 UFG Insurance Surety Read Time: 4 min

Reliable surety bonding is key for successful contractors, and the best work hard to build a trustworthy company that’s appealing to surety agents and underwriters. Here are seven tips you can implement now for better bonding.

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.

The new stresses causing contractor failure

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

Contractors today are facing a variety of new headwinds that can all lead to contractor failure. Here are what they look like and how a surety agent can help.

Preventing heat-related illnesses in construction

June 22, 2023 UFG Insurance Business Read Time: 3 min

Construction workers are especially at risk for heat-related illnesses in the hot summer months. Here’s how contractors can better control that risk.

How to reduce trips, slips and falls on construction sites

June 22, 2023 UFG Insurance Business Read Time: 4 min

Trips, slips and falls are the most common cause of workplace fatalities and injuries, especially in the construction industry. Here are a few tips to reduce your risk on the job site.

Trenching safety rules for construction sites

April 28, 2023 UFG Insurance Business Read Time: 4 min

Excavation and trenching are some of the most dangerous jobs construction workers can do, but good construction site safety practices can prevent fatalities. Here's what you need to know.

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?

Using and storing flammable liquids safely in your business

February 16, 2023 UFG Insurance Business Read Time: 4 min

If you use flammable and combustible liquids for business, it's imperative that you store them safely. Here's where to start designing the proper fire prevention plan for these volatile liquids.

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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