Gina Willard Insurance Services

The damages that obligees can expect when it comes to surety bonds are determined by the value taken out by the principal. In the case of default of a construction project for instance, the investors will be paid only the maximum amount of the bond.

When choosing an appropriate insurance policy, one thing to keep in mind is how many non-employees visit your company’s premises regularly, since this can help you determine how much public liability coverage you need.

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Did you know that the concept of surety has been around for centuries? The earliest recorded contract of surety is a Mesopotamian tablet that dates all the way back to 2750 BC!

Professional liability insurance is a variant of commercial liability insurance. It protects certain professions, such as doctors and other medical professionals, against malpractice suits when professional actions fall below that profession’s standards.