Contact Us: ​(906) 774-8500
UPPER PENINSULA INSURANCE AGENCY
  • Home
  • Quotes
    • Home
    • Auto
    • Health
    • Life
    • Business
    • Other
  • Service
    • Report a Claim
    • Make a Payment
    • Request Policy Changes
    • Proof of Insurance
  • Insurance
    • Property >
      • Home Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
    • Vehicles >
      • Auto Insurance
      • Auto Insurance Reform >
        • FAQ
        • MCCA & MACP Fees
        • What is Mini-Tort
      • Boat Insurance
      • ATV Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Health
    • Medicare
    • Life
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Insurance Bonds
      • Workers Compensation
    • Other >
      • Event Insurance
      • Travel Insurance
      • Umbrella Insurance
      • Wedding Insurance
    • Specialty Insurance
  • About
    • Our Team
    • Locations
    • Refer a Friend
    • Insurance Carriers
    • Dickinson Area Partnership
    • Agency Photo Gallery
    • News
  • Contact
    • Contact Us
    • Schedule an Appointment
  • Home
  • Quotes
    • Home
    • Auto
    • Health
    • Life
    • Business
    • Other
  • Service
    • Report a Claim
    • Make a Payment
    • Request Policy Changes
    • Proof of Insurance
  • Insurance
    • Property >
      • Home Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
    • Vehicles >
      • Auto Insurance
      • Auto Insurance Reform >
        • FAQ
        • MCCA & MACP Fees
        • What is Mini-Tort
      • Boat Insurance
      • ATV Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Health
    • Medicare
    • Life
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Insurance Bonds
      • Workers Compensation
    • Other >
      • Event Insurance
      • Travel Insurance
      • Umbrella Insurance
      • Wedding Insurance
    • Specialty Insurance
  • About
    • Our Team
    • Locations
    • Refer a Friend
    • Insurance Carriers
    • Dickinson Area Partnership
    • Agency Photo Gallery
    • News
  • Contact
    • Contact Us
    • Schedule an Appointment


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!

get a quote
Contact Us

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.
(906) 774-8500
100 S. Carpenter Ave.
Kingsford, MI 49802​
Click Here to Email Us
Insurance Bonds Quote
Get a quote for an insurance bond

Navigation

​Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us

Contact Us

Ph: (906) 774-8500
Email: service@up-ins.com
Fax: (877) 904-4754

Connect With Us

Locations

Kingsford
100 S. Carpenter Ave.
Kingsford, MI 49802

Gladstone
508 Stearns Ave. 
Gladstone, MI 49837