Surety

The difference between bid bonds and payment bonds

October 19, 2021 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.

Worker in conversation with another person.

How to verify a surety bond with UFG Surety’s Dennis Richmann

June 3, 2021 UFG Insurance Surety Read Time: 4 min

Fraudulent surety bonds continue to be an issue for the construction and lending industries. Here are a few tips on how to verify a surety bond.

People conversing at a construction site with hard hats.

UFG Surety: Providing the surety knowledge you need

April 16, 2021 UFG Insurance Surety Read Time: 3 min

When it comes to surety bonding for your project or business, you need a partner that you can trust with experience, knowledge and financial strength. Look no further than UFG Surety.

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What is an occurrence-based insurance policy?

October 13, 2020 UFG Insurance Surety Read Time: 3 min

Surprises—good or bad—are no stranger to business. In insurance, an occurrence-based insurance policy is one of the best ways to cover your company when surprises show up.

Contractors shaking hands with local business owners in-between work

Relationship building for contractors: Creating a positive client experience

June 17, 2020 UFG Insurance Business Surety Read Time: 3 min

A positive business relationship can have a tremendous impact on future customers. Here are some tips on relationship building for contractors and what they can do to create a positive client experience.

Construction leaders reviewing blueprints at jobsite

10 business lessons contractors can learn from

June 4, 2020 UFG Insurance Surety

A surety is an important partner for contractors when it comes to successfully growing their business. Here are 10 business lessons contractors can learn from to avoid destroying their bonding.

The 4 most common types of contract bonds

May 13, 2020 UFG Insurance Surety

Want to stand out from the competition? That’s where a contract surety bond and surety capacity come into play. Here are the four most common types of contract bonds.

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5 tips to help grow your independent contractor business

March 18, 2020 UFG Insurance Business Surety

Here are five effective tips to help grow your independent contractor business.

Three people in hard hats at construction site with the leader pointing out good work.

3 Keys to Establishing a Surety Relationship

January 6, 2020 UFG Insurance Surety

Contractors have enough to worry about. But if you’re considering pursuing projects requiring surety bonds, the first step is to build a surety relationship that will benefit you for years to come.

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The surety claim process: What you need to know

December 31, 2019 UFG Insurance Surety

Did you receive a claim on your surety bond? Don’t worry, it’s not the end of the world. Here, we discuss what you need to know in the surety claim process.