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J W Edens Insurance | New Smyrna Beach | Volusia County
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Personal-Business Insurance
customer service
location map
Homeowners Insurance Quote
Renters Insurance
auto-car insurance
business insurance
Commercial Certificate Request
boat insurance
life insurance
health insurance
Ask an Agent
Surety Bonds
Homeowners Insurance Daytona Beach
Accessibility Statement
Privacy Policy
FREE SURETY BOND QUOTE!
109 Magnolia Street
New Smyrna Beach, FL 32168
(386) 428-6448 PHONE
(386) 427-7811 FAX
FREE SURETY BOND QUOTE:
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ASK ABOUT: construction bond, bid bond, broker bond, court bond, fidelity bond, dealer bond, fiduciary/probate bond, maintenance bond, performance & payment bond, pension / ERISA bond, license & permit bond, subdivision bond, tax bond, workers compensation, self-insured bond, other. (optional)
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Surety bonds are needed for many reasons and J.W. Edens Insurance provides full service for your bond requirements. We make the surety bond process fast and simple as possible.
Construction is a risky business. One-half of all construction firms in business today will be out of business six years from now, according to the Associated General Contractors of America. An economic downturn, labor difficulties, material shortages, equipment problems, and a host of many other problems can cause a contractor's business to fail -- leaving projects at a standstill.
No construction project owner, public or private, can afford to gamble on a contractor whose responsibility is uncertain or who could end up bankrupt halfway through the job. And how can a public agency, which uses the low-bid system in awarding public works, be sure the lowest bidder will be dependable?
The needed assurance is provided by surety bonds. Performance bonds protect taxpayers against financial loss should the contractor default or fail to complete the job according to the contract.
Payment bonds guarantee that the contractor will pay certain bills for the labor, material, and subcontractors associated with the project.