Surety Bonds
Representing Erie Insurance Group Since 1982.
A Surety Bond is a three-party agreement whereby the surety guarantees to the obligee (the project owner) that the principal (the contractor) is capable of performing the contract in accordance with the contract documents. Performance of the contract, which is the subject of the bond, determines the rights and obligations of the surety and the obligee.
Here are the eight different families of surety bonds:
- Fidelity Bonds
- Public Official Bonds
- Judicial Bonds
- Fiduciary Bonds
- License and Permit Bonds
- Contract Bonds (Bid and Performance Bonds)
- Miscellaneous and Federal Bonds
- Notary Bonds
Lanyi Insurance provides the following types of business insurance protection:
- Builder's Risk Insurance
- Business Interruption Insurance
- Business Owners Package Insurance
- Commercial Auto Insurance
- Commercial Earthquake Insurance
- Commerical Property Insurance
- Commercial Trucking Insurance
- Commercial Umbrella Insurance
- Contractor's General Liability Insurance
- Directors and Officers Liability Insurance
- Employment Practices Liability Insurance (EPLI)
- Garage Insurance
- General Liability Insurance
- Hotel & Motel Hospitality Insurance
- Kidnap & Ransom Insurance
- Liquor Liability Insurance
- Medical Malpractice Insurance
- Product Liability Insurance
- Professional Liability (Erros & Ommissions) Insurance
- Restaurant & Bar Insruance
- Special Event Insurance
- Surety Bonds
- Technology Insurance
- Wholesalers & Distributors Insurance
- Workers' Compensation Insurance