Jimenez Family Insurance Agency
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  • Home
  • Quotes
    • Auto >
      • Auto Insurance Quote
      • Classic Car Insurance Quote
      • Mechanical Breakdown Insurance Quote
      • Motorcycle Quote
      • RV Insurance Quote
      • Boat Insurance Quote
    • Home & Property >
      • Home Insurance Quote
      • Earthquake Insurance Quote
      • Flood Insurance Quote
      • Landlords Insurance Quote
      • Renters Insurance Quote
    • Life & Financial >
      • Life Insurance Quote
      • Umbrella Insurance Quote
    • Business >
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Workers Compensation Quote
    • Other >
      • Event Insurance Quote
      • Wedding Insurance Quote
      • Insurance Bond Quote
      • Final Expense Insurance Quote
    • Consultation
  • Learn
    • Insurance Learning Center
    • Auto Guides
    • Home & Property Guides
    • Business Insurance Guides
    • Life Insurance Guides
    • Pet Insurance Guides
    • Community & Resources
  • Service
    • Policy Review
    • Update Info
    • Policy Changes
    • Proof of Insurance
    • Newsletter
    • Refer a Friend
  • About
    • Meet Our Team
    • Contact
    • Client Testimonials
    • Privacy Policy
    • Accessibility Statement
  • Trusted Resources
  • Quick Quote


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.
(714) 534-0072
13211 Garden Grove Blvd.
Suite 100
Garden Grove, CA 92843​
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Jimenez Family Insurance Agency
(A DBA of College Student Insurance Service, Inc.)
CA License #0787082

(714) 534-0072
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Locations

13211 Garden Grove Blvd. Ste 100
Garden Grove, CA 92843
​1914 Meyer Pl,
Costa Mesa, CA 92627
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