Maryland Surety, Fidelity & License Permit Bonds
In-synch with your Bonding and Surety Needs
A surety bond is a contract among at least three parties:
- The obligee - the party who is the recipient of an obligation (The party requesting that you get the bond),
- The principal - the primary party who will be performing the contractual obligation (you),
- The surety - who assures the obligee that the principal can perform the task (the insurance company).
Bonds differ from insurance because the bonding company does not expect to pay claims. If the bonding company does pay a claim they in turn go to the principal (you) to indemnify or reimburse them for the amount they had to pay.
Suppose you get the opportunity to bind a large construction job to find out during the bidding process that they need a bid bond and then a performance bond if you are granted the contract. You don't know what to do, what to expect or even who to call.
At Huff insurance we can handle all of your bonding needs from contract, surety, fidelity and license permit bonds. We can handle your needs for Anne Arundel County grading bonds, landscape bonds and performance bonds.
We specialize in writing estate bonds and guardianship bonds as well as nominal and probate bonds.
We offer Maryland Home Improvement bonds and various license/permit bonds for Maryland and surrounding areas.
A fidelity bond is a form of insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees. We offer janitorial services, employee dishonesty and business services bond for all of your fidelity bonding needs.
Depending on the type of bond you need, the turn around time can very. For larger contract and surety bonds the turn around time can be more than a few days. We suggest that before you need a bond to get pre-approved by the bonding company by providing them with your work on hand, resumes, and financial. We can help you get pre-approved by the bonding company so that when you do need a contract or surety bond you can get it quickly. Call or fill out the quote form so we can get you pre-approved.
Huff Insurance
Customers of Huff Insurance can expect excellent service from our local independent agent. Learn more about your options for bonds by filling out our Bond Insurance Quote Form right away. Get a free quote from one of our experienced agents and don’t go another minute missing out on another opportunity because you don't have the bond that you need.