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Tag Archives: policy

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an accident of a man worker at a construction site, needs bonded insurance

Why Contractors Need To Be Bonded and Insured

Personal InsuranceBy Hermann InsuranceMarch 8, 2023

What Is a Bonded Contractor? A bonded contractor is backed by a third-party company known as a surety company. A surety company provides a guarantee of payment to the obligee that the principal will fulfill their obligations.    Before the surety company issues a bond, a contractor must meet the surety’s rigorous process of meeting…

Are You Insured For Christmas?

Auto Insurance, Home Insurance, Life InsuranceBy Hermann InsuranceDecember 16, 2022

Insurance Can Protect Your Holiday Season You might not think of insurance when you think of the Minnesota holiday season in terms of gift-giving, but I’m sure you can remember a crazy story or two that happened around the holidays. Unfortunately, sometimes our favorite holiday films mirror real life, and disasters can happen that often…

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