CULP INSURANCE AGENCY
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Insurance Bonds

If you need an insurance bond to bid on or get hired for a new job call us. We're insurance bond experts and we'll get it taken care of you... Fast!

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What is an Insurance Bond?

An insurance bond ensures contract completion in the event of contractor default and are typically required by project owners when seeking a contractor to fulfill a contract. 

The contractor obtains a bond so the insurance company is obligated to compensate the project owner for the financial loss incurred if the work is not completed. ​

Typical Insurance Bond Types

Although there are many types of insurance bonds, the four most common types needed by business owners are:
  • Bid Bond - Ensures the bidder on a contract will enter into the contract and furnish the required payment and performance bonds if awarded the contract.
  • Payment Bond - Ensures suppliers and subcontractors are paid for work performed under the contract.
  • Performance Bond - Ensures the contract will be completed in accordance with the terms and conditions of the contract.
  • Ancillary Bond - Ensures requirements integral to the contract, but not directly performance related, are performed.


Contact us to learn more about the right insurance bond for you.
(864) 757-8140
2180 Satellite Boulevard
Suite 400
​Duluth, GA 30097​
Click Here to Email Us
Insurance Bonds Quote
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We are licensed in South Carolina, Florida, Georgia, Indiana, North Carolina, and Tennessee.


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Duluth​ Office:

2180 Satellite Boulevard
Suite 400
​Duluth, GA 30097
​(864) 757-8140

Taylors​ Office:

2801 Wade Hampton Blvd
​Suite 301
Taylors, SC 29687
​

DowntownGreenvilleSC photo by Tim | CC-BY-2.0 | Website by InsuranceSplash
  • Home
  • Quotes
    • Personal Quotes >
      • Property Quotes >
        • Home Insurance Quote
        • Earthquake Insurance Quote
        • Flood Insurance Quote
        • Landlords Insurance Quote
        • Renters Insurance Quote
      • Auto Quotes >
        • Auto Insurance Quote
        • ATV Insurance Quote
        • Classic Car Insurance Quote
        • Motorcycle Quote
        • RV Insurance Quote
      • Medicare Quotes >
        • Medicare Advantage Plan Quote
        • Medicare Supplement Coverage Quote
      • Health Quotes >
        • Health Insurance Quote
        • Critical Illness Insurance Quote
        • Dental Insurance Quote
        • Vision Insurance Quote
      • Life & Financial Quotes >
        • Life Insurance Quote
        • Annuity Quotes
        • Disability Insurance Quote
        • Final Expense Insurance Quote
      • Other Quotes >
        • Boat Insurance Quote
        • Event Insurance Quote
        • Umbrella Insurance Quote
    • Commercial Quotes >
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Group Benefits Insurance Quote
      • Insurance Bond Quote
      • Workers Compensation Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Policy Changes
    • Contact My Carrier
  • Insurance
    • Personal Insurance >
      • Property >
        • Home Insurance
        • Earthquake Insurance
        • Flood Insurance
        • Landlords Insurance
        • Renters Insurance
      • Vehicles >
        • Auto Insurance
        • ATV Insurance
        • Classic Car Insurance
        • Motorcycle Insurance
        • RV Insurance
      • Medicare >
        • Medicare Advantage Plans
        • Medicare Supplement Coverage
      • Health >
        • Health Insurance
        • Critical Illness Insurance
        • Dental Insurance
        • Vision Insurance
      • Life/Financial >
        • Life Insurance
        • Annuities
        • Disability Insurance
        • Final Expense Insurance
        • Financial Planning
      • Other >
        • Boat Insurance
        • Event Insurance
        • Umbrella Insurance
    • Commercial Insurance >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Group Benefits
      • Insurance Bonds
      • Workers Compensation
  • About
    • Staff Directory
    • Refer a Friend
    • Insurance Carriers
    • Accessibility Statement
    • News
  • Contact