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The Bunker Talk: Ep 24 Fighting for the Consumer with Lourdes Ferrer
In this latest episode of the The Bunker Talk, we sat down with an incredible business owner Lourdes Ferrer owner of Ferrer Law Group, to discuss the real, behind-the-scenes struggles of running a business and the invaluable lessons they’ve learned along the way. Episode Highlights: In this conversation, […]
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As You Scale, So Does Your Risk: What to Know About Product Recall Insurance
When you’re growing a product-based business, your focus is usually on things like production, distribution, sales, and shelf space. You’re making decisions fast, signing deals, and expanding into new markets. But as your revenue grows, so does your exposure. And one of the most overlooked risks for manufacturers, […]
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The Bunker Talk: Ep 23 PR Isn’t Only for Famous People with Candice D’Angelo
In this latest episode of the The Bunker Talk, we sat down with an incredible business owner Candice D’Angelo, owner of The Agency East, to discuss the real, behind-the-scenes struggles of running a business and the invaluable lessons they’ve learned along the way. Episode Highlights: In this conversation, […]
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How Leadership Shapes a True Safety Culture
Let’s be honest safety policies on paper don’t protect people. Leaders do. You can have the best written procedures, the fanciest LMS, and perfectly printed safety posters. But if your team doesn’t see safety being taken seriously by leadership, it’s just background noise. If you’re in a position […]
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The Bunker Talk: Ep 22 Financial Decisions with Nicole Carlon
In this latest episode of the The Bunker Talk, we sat down with an incredible business owner, Nicole Carlon a CERTIFIED FINANCIAL PLANNER practitioner and a Certified Divorce Financial Analyst® practitioner, to discuss the real, behind-the-scenes struggles of running a business and the invaluable lessons they’ve learned along […]
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How Do Electricians Prepare for a Worker’s Compensation Audit?
As an electrician, ensuring your business complies with worker’s compensation requirements is essential not only for protecting your employees but also for managing your operating costs. Worker’s Compensation Audits can be a stressful process, but with the right preparation, you can navigate it smoothly and avoid unnecessary surprises. […]
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The Bunker Talk: Ep 21 Building Better Teams with Lisa Rigoli
In this latest episode of the The Bunker Talk, we sat down with an incredible business owner, Lisa Rigoli of Element of Change, to discuss the real, behind-the-scenes struggles of running a business and the invaluable lessons they’ve learned along the way. Episode Highlights: In this conversation, we […]
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What Happens When a Product Recall Isn’t Covered? A $4.5 Million Wake-Up Call for Your Clients
When your client’s product ends up on a recall list, it’s not just a logistics problem — it’s a full-blown financial crisis. That’s what happened to Crave Better Foods, the manufacturer of Chipwich ice cream sandwiches. In early 2024, their contract manufacturing facility was tied to a listeria […]
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The Bunker Talk: Ep 20 The Power of Building a Personal Brand on LinkedIn with Daniel Wakefield
In this latest episode of the The Bunker Talk, we sat down with an incredible business owner, Daniel Wakefield Headshot Photographer and First Impression Architect, to discuss the real, behind-the-scenes struggles of running a business and the invaluable lessons they’ve learned along the way. Episode Highlights: In this […]
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How GPS Tracking Can Help Keep Your Fleet (and Your Business) Safer
If your business relies on vehicles, you already know: one bad accident, one unreliable driver, or one missed route can throw your whole operation off. That’s where GPS tracking comes in. It’s not just about knowing where your trucks are it’s about protecting your people, managing risk, and […]
Read MoreFrequently Asked Questions
A bond in layman's terms is a way to secure a debt.
It is a way of you the consumer, being able to put up a little cost upfront that says “I am letting you borrow this money so as to your agreement to pay the face value of the said bond if ever needed”. In the real world, bonds can be issued by a government, municipality, corporation, federal agency, and other entities.
A surety bond is a contract between three parties. The person who is the recipient of an obligation, the primary party who will perform the contractual obligation and the person who assures the obligation will be done.
These bonds are a type of surety bond. They provide a proof and guarantee of ownership to the Department of Motor Vehicles. When no other form of documentation is available a Lost Title Bond shows the DMV that you are the “owner” of said vehicle.
Contractor bonds are one of the most “popular” bonds you will see asked for in the insurance space. Contract bonds are used in the construction industry by general contractors. They are a guarantee to a project’s owner that the general contractor will adhere to the contract put in place.
These types of bonds function as a guarantee to a government entity that a company will comply with a statute, state law, ordinance, etc.
Some examples are but not limited to:
- Contractors License Bonds
- Tax Bond
- Environmental Bonds
- Broker’s Bonds
- Motor Vehicle Dealer Bonds
- ERISA Bonds
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This is FAQ answer. Click to edit this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.