The Lavin Insurance Agency​

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  • Home
  • About
    • Preferred Realtors
    • Preferred Mortgage Brokers
    • Helpful Links
    • Legal
    • Privacy
  • Contact
    • Request a Certificate
    • Request Policy Change
    • Update Policy Info
    • Proof of Insurance
  • Products
    • Auto Insurance
    • Home Insurance
    • Life Insurance
    • Renters Insurance
    • Umbrella Insurance
    • Business Insurance
    • Commercial Liability
    • Contractor Insurance
    • Commercial Auto
    • Surety Bonds
  • Quotes
    • Auto Quote
    • Home Quote
    • Life Quote
    • Renters Quote
    • Umbrella Quote
    • Business Quote
    • Commercial Liability
    • Contractor Quote
    • Commercial Auto Quote
    • Request a Surety Bond
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Surety Bonds

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Surety Bond: The not-quite-insurance solution.

 "A surety bond ensures contract completion in the event of contractor default. A project owner (called an obligee) seeks a contractor (called a principal) to fulfill a contract. The contractor obtains a surety bond from a surety company. If the contractor defaults, the surety company is obligated to find another contractor to complete the contract or compensate the project owner for the financial loss incurred."
~Courtesy Small Business Administration
 
Clear as mud? 

In layman's terms, if you've just signed a contract to add an addition to a home just in time for the daughter of the owner's wedding, and you're in a serious car wreck the next day and can't complete it on time... you're protected against a lawsuit. With a Surety Bond the addition is built on time and you're protected when you need it. 

Let us plan for the unthinkable for you. Call us today. 

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ADDRESS
1900 E Golf Rd, Suite 950
Schaumburg, IL 60173
Map

PHONE
Bus: (847) 241-5505
Fax: (847) 991-4133
Contact
Request a certificate
Request a Policy Change
Update Policy Information
Request Proof of Insurance
Pay Your Bill
Report a Claim

Auto Insurance
Home Insurance
Life Insurance
Renters Insurance
Umbrella Insurance
Business Insurance
Commercial Liability
Contractor Insurance
Commercial Insurance
Surety Bonds

Photo Credits
cover photo, chicago at night, by mike warot , cc licensed
convertible: istockphoto.com
luxury home: armchairbuilder.com
mother & children: weebly theme
coffee shop owner: weebly theme
townhomes: Shashi Bellamkonda cc licensed
Istock photos have been purchased & licensed for use in this site and may not be downloaded or copied.