Surety Bonds: Why You Can't Acquire Them Before Starting Your Business
Professional surety bonds, whether they are issued by the state or federal government, are important documents that protect you, your business, and the public against accidental harm. They are a form of insurance, if you want to think of it that way, but they are not an insurance product. You are much more likely to be hired by public and private consumers if you are bonded, which makes the stringent bonding process all worthwhile.