Bonds Versus Insurance

| Bonding, Business Insurance.

At Safeguard Insurance we often receive phone calls from Nevada business owners wondering whether they need a bond or insurance, or both.  It is important to understand the difference betweens bonds versus insurance to know which your business needs. Understanding Surety Bonds First, let’s start with the basics of surety bonds.  Bonds are a financial… Read more »

Nevada construction insurance for all types of contractors

| Bonding, Business Insurance, Commercial Auto Insurance, Commercial Property Insurance, Commercial Umbrella, Contract Surety, General Liability Insurance, Surety Bonds, Workers Compensation Insurance, Workers Compensation Rating.

Construction work in a is showing signs of life in Nevada.   A quick drive around Las Vegas shows that residential construction is picking up, with new developments popping up in nearly all parts of the valley.  Even commercial construction, which has been stagnant for several years, is slowly showing signs of recovery.  With all that… Read more »

Las Vegas Surety Bond Basics

| Bonding, Contract Surety, Insurance education, Surety Bonds.

We often find there a general confusion about NV surety bonding versus insurance among business owners.  While bonds are frequently sold by insurance companies, they are unique and provide a different coverage guarantee than an insurance policy.   To add to the confusion, there are myriad of different bonds, some required by governmental agencies, others to guarantee contract performance… Read more »