Surety Bond Support From OVD
Surety bonding is a financial instrument utilized by institutions, lenders, and owners to obtain financial protection from default, faulty work, or theft by contractors and companies. Surety bonding is not insurance, but a financial transaction similar to placing credit on individuals and their company ownership. Bonded work carries more risk, therefore there is more importance placed on obtaining bonds.
OVD is a reliable advisor in providing effective surety bonds for our clients. We leverage the collective experience of our underwriting and brokerage teams to improve surety bonds across a wide range of industries and niches. OVD is here to help you navigate the process and find the right coverage for your specific needs to ensure that your projects are completed with quality and efficiency.”
Utilizing Propeller in Surety Bonds
Propeller will automate the entire surety purchase for instant bond issuing. Note: It is not intended to replace the current carrier relationships for contracting clients. It is an additional tool where our insureds can purchase ERISA, Notary, and Lost Title Bonds.
You show interest in me, my business, and you make sure I’m getting the best value/price. Keep doing this and you will keep me as a customer!
Who Can Benefit from Surety Bonding?
A variety of parties can benefit from surety bonds, including but not limited to: contractors, business owners, individuals, government agencies, or financial institutions. Any party who may need to provide assurance to meet certain standards can benefit from surety bonds.
Summit SeriesView Events
March 19, 2021
American Rescue Plan Act Of 2021
Tripp VanderWal speaks on the American Rescue Plan Act of 2021 in this webinar presented by OVD Insurance.
October 6, 2021
Transportation Insurance ’21
In this webinar, presented by OVD Insurance, Josh Stoll, Kate Paciorek, and Matt Fabry speak about leveraging data and regulations.
February 6, 2020
OVD Cyber Security Summit 2020
On February 6th, 2020, OVD Insurance hosted a Cyber Security discussion as part of their ongoing Summit Series, focusing on important topics and trainings essential to the business insurance landscape.
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Stand Down For Fall Safety 2023
Our team is committed to finding the solution to find the right coverage for your company. Give us a call today to set up a time to chat to discover how OVD can meet your company’s needs.