A commercial bond is also referred to as a business bond or a commercial surety bond. These licenses are frequently required by state laws, and they protect certain aspects of a principal's work.

Commercial bonds are agreements that protect businesses. They are also known as business bonds or commercial surety bonds. State laws typically require them for various industries, and they guarantee ...

Digital Marketing Manager at JW Surety Bonds. For instance, let’s say an electrician successfully bids on a commercial rewiring project and subcontracts some of the work. The subcontractor is ...