Do you have a solid, working relationship with a surety agent who can assist you in obtaining the various bonds you need? Well you do now! PJO Insurance has access to all types of bonds including contractors bonds (all classes), pay-performance bonds, sales tax bonds, surety bonds, license bonds and permit bonds; and we will help you with all the required paperwork.
A surety agent is the professional guiding you to obtain the appropriate bonding insurance for your needs. These bonding insurances can protect your project and the accompanying financial investment.
For example, there are Contractor Bonds, Pay-Performance Bonds, License Bonds, Permit Bonds and Surety Bonds.
In Arizona, a new contractor must file a Contractor’s Bond in the amount specified for that Contractor’s license classification, and estimated annual gross volume. Residential Contractors must provide a consumer protection bond. This bond covers the clients of a contractor in the state of Arizona for financial issues that can arise if the contractor does not produce the specified product as agreed. With a Phoenix Arizona contractor bond, you can comfortably go into contract or make a financial commitment as you are guaranteed to have recourse in the event that there is a default. The Arizona ROC requires that a new contractor has this bond before the contractor can obtain a license and new contractors are able to establish themselves in a secure relationship with their clients in short order as the client is in a protected position. Read more about Arizona Contractor Insurance.