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Home > Coverage for Your Business - Colorado Springs CO & Denver CO - Legacy Insurance

Bonds


Bonds Quote Forms

Looking for coverage? Click on the following link to submit a quote for quick, accurate and affordable rates.

Bond Request

Bonds Information

What is bond insurance?

Bond is a three-party contract under which the insurer agrees to pay losses caused by criminal acts (e.g., fidelity bonds) or the failure to perform a specific act (e.g., performance or surety bonds). The principal (i.e., the party paying the bond premium) is also called the obligor (i.e., the party with the obligation to perform). If there is a default, the surety (i.e., the insurer) pays the loss of the third party (the obligee). The obligor must then reimburse the surety for the amount of loss paid.

What are the benefits of being bonded?

Some bonds we handle include, but are not limited to, the following:

  • Contract performance bonds
  • Bid bonds
  • Maintenance bonds
  • Payment bonds
  • Supply bonds
  • License and permit bonds
  • Miscellaneous bonds

Get started today!

Contact us today, and we can answer any questions you have about bond insurance. 

Contact us
Colorado Springs Office | 719-593-5814 13540 Northgate Estates Drive, Suite 210 Colorado Springs, CO 80921
Glen Burnie Office |  719-593-5814 307 Rain Water Way | Glen Burnie, MD 21060
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Locations
Colorado Springs Office
13540 Northgate Estates Drive, Suite 210
Colorado Springs, CO 80921

P: 719-593-5814
F: 719-388-2075
Glen Burnie Office
307 Rain Water Way
Glen Burnie, MD 21060
P: 719-593-5814
F: 719-388-2075



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