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 Bonds

Different surety needs are met by different classes of surety bonds. JPG Insurance has decades of experience servicing contractors and businesses big and small giving us the complete understanding of contracts needed to help your company grow. We deal only with the most trusted sureties, and have a proven record of placing bonds for business owners and contractors new to bonded work to the most difficult bonds for hazardous work to owners with inexperience on larger project and those with financial difficulties.

At JPG Insurance, we have experience in providing Nevada small and large businesses with the following types of bonds:

  • Contract Bond – guarantees that an entity awarded a contract will meet its obligations under that contract. Included in this group are bid bonds, performance bonds, payment bonds, maintenance bonds and supply bonds.
  • Subdivision Bonds – guarantee that developers will make certain “off site” or “public” land improvements in accordance with state, county or municipal specifications.
  • Commercial Surety Bond – can guarantee a variety of business obligations which require surety bonds. Commercial Surety Bonds include all non-contract surety bonds, including numerous types of license and permit, miscellaneous and court bonds.
  • License & Permit Bonds – guarantee that individuals granted a license or permit to operate a business or to exercise a privilege will meet the obligations under that license or permit.
  • Court Bond – guarantees that an individual will comply with the terms of the court. This includes probate and fiduciary bonds, & immigration bonds.

Serving Las Vegas, Nevada with all your bond insurance needs

Nevada bonds are designed to provide guarantees for work or services to be performed. The agents at JPG Insurance can provide a wide range of bonds to find the right fit for your business. Contact us to find out more about surety bonds in Las Vegas Nevada including the Boulder City, Henderson, Laughlin, North Las Vegas, and Reno areas.

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Frequently Asked Questions

How is a surety bond different from insurance?

A surety bond is a three-party agreement guaranteeing that an obligation will be performed, while insurance generally transfers specified risks of loss. The bonded principal may remain responsible for reimbursing valid claims paid by the surety.

When might a business need a surety bond?

Bonds may be required for contracts, licenses, permits, court matters, or public improvements. The required bond form and amount are usually set by the obligee.

What information is used to obtain a bond?

Requirements vary, but sureties may review experience, credit, financial information, contracts, and prior work. A licensed JPG Insurance agent can help identify the appropriate bond and application materials.

Coverage varies by policy and insurer. A licensed JPG Insurance agent can review your specific needs and policy documents.