Surety bonds are similar to insurance in that they provide financial protection in case of loss. These bonds protect businesses and individuals from financial loss and ensure that contracts and agreements are fulfilled.
Improved access to credit
Surety bonds can also help businesses and individuals improve their access to credit. Surety bond companies typically review the financial strength and creditworthiness of the party requesting the bond before issuing the bond. If the party is deemed creditworthy, the surety bond can serve as a form of collateral that can help them obtain credit from lenders.
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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.