Northeast Insurance & Financial Consultants
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    • Quick Quote
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    • Homeowner Quote
    • Life Quote
    • Business Quote
    • Boatowner Quote
    • Commercial Auto Quote
    • Umbrella Quote
    • Condo Quote
    • Flood Quote
    • General Liability Quote
    • Renters Quote
    • Motorcycle Quote
    • Pollution Quote
    • Disability Quote
  • Service
    • Report a Claim
    • Update Contact Info
    • Contact My Carrier
    • Proof of Insurance
    • Customer Coverage Review
    • Free Consultation
  • Products
    • Auto Insurance >
      • Classic Car Insurance
      • RV Insurance
      • ATV Insurance
    • Life Insurance >
      • Final Expense Insurance
    • Business Insurance >
      • Commercial Auto Insurance
      • Insurance Bonds
      • Crop Insurance
      • Workers Compensation
      • Event Insurance
      • Pollution Insurance
      • Business Owners Package (BOP) Insurance
      • General Liability Insurance
    • Property Insurance >
      • Home Insurance
      • Condo Insurance
      • Renters Insurance
      • Flood Insurance
      • Earthquake Insurance
      • Landlords Insurance
    • Financial Planning >
      • Annuities
    • Motorcycle Insurance
    • Boat Insurance
    • Umbrella Insurance
    • Disability Insurance
  • About
    • Client Testimonials
    • Insurance Carriers
    • Refer a Friend
    • Privacy Policy
    • Terms and Conditions
    • Accessibility Statement
    • Blog
  • Contact

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 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.
(570) 344-5150
2121 Shoppes Blvd.
Moosic, PA 18507​​
Click Here to Email Us
Insurance Bonds
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Northeast Insurance & Financial Consultants
2121 Shoppes Blvd.
Moosic, PA 18507
(570) 344-5150
Click Here to Email Us

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