Call Us: 860-779-1503 or by Fax: 860-499-3710
PRINCE HILL INSURANCE AGENCY, LLC
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      • Event Insurance Quote
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  • Service
    • Report a Claim
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Policy Review
    • Online Documents
    • Free Consultation
  • Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Insurance Bonds
      • Landscaping Insurance
      • Workers Compensation
    • Property >
      • Home Insurance
      • Condo Insurance
      • Earthquake Insurance
      • Farm Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
    • Other >
      • Event Insurance
      • Travel Insurance
      • Wedding Insurance
      • Pet Insurance
      • Individual Law Enforcement Liability Insurance
      • Umbrella Insurance
  • About
    • Blog
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Newsletter Signup
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  • 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 to 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.
​860-779-1503
33 Prince Hill Road
Brooklyn, CT 06234

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​Contact Us

Prince Hill Insurance Agency, LLC.
33 Prince Hill Road
Brooklyn, CT 06234

​Phone: 860-779-1503
Fax: 860- 499-3710
d.meade@princehillinsurance.com
​Hours
Weekdays: 10 am - 6 pm
Weekends: Closed
​Licensed in Connecticut, North Carolina, and South Carolina.

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