Performance bonds guarantee that the contractor completes a project and fulfills certain obligations of the contract. Project owners can be assured that the contractor has been evaluated through underwriting, and that all elements are in check for the contractor to be able to meet this obligation.
I have a large electrical contractor that was bonded by another bonding company. The contractor pressed me to get him a better bonding rate - they would not move on their rates. I contacted Brian Kinder. He came up and met with the contractor, and with his help we were able to give the contractor a better rate which helped me retain the account. I still have that account today. The fact that the bonding has been so consistent has helped me retain all of the other property and casualty insurance that I write for this account which has led to other referrals as well.
Drew Rikets
Vice President
Jordan Insurance Group / Ardmore, OK
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