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HECHT INSURANCE ADVISORS, LLC
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  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Policy Review
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Insurance
    • Vehicles >
      • Auto Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • RV Insurance
      • ATV Insurance
      • Boat Insurance
    • Property >
      • Home Insurance
      • Earthquake Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Commercial Auto Insurance
      • Workers Compensation
      • Group Benefits
      • Bonds
    • Life/Financial >
      • Life Insurance
      • Annuities
      • Disability Insurance
      • Final Expense Insurance
      • Financial Planning
      • Umbrella Insurance
    • Farm & Ranch Insurance
    • Health >
      • Health Insurance
      • Critical Illness Insurance
      • Dental Insurance
      • Long Term Care Insurance
      • Enroll in Medicare with Confidence
      • Medicare Advantage Plans
      • Medicare Supplement Coverage
      • Medicare Prescription Part D
      • Vision Insurance
    • Other >
      • Event Insurance
      • Travel Insurance
      • Wedding Insurance
      • Collectibles Insurance
      • Jewelry Insurance
  • About
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    • Refer a Friend
    • Insurance Carriers
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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!

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What is an Insurance Bonds?

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.

Types of bonds that we cover:

  • Commercial Bonds (License & Permit Bonds, Public Official Bonds, Fiduciary Bonds, Court Bonds, Miscellaneous & Federal Bonds, Corporate Commercial Bonds)
  • Contract Bonds
  • Fidelity Bonds (Janitorial Services Bonds, Employee Dishonesty Bonds, Pension Trust (ERISA) Bonds)
  • Errors & Omissions (for Notary Publics, Signing Agents & Tax Preparers)
  • Customs Bonds
(540) 712-2199​
117 S Lewis Street #227
Staunton, VA 24401​
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We Are Licensed in: Virginia, Maryland, Pennsylvania, and West Virginia.


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Hecht Insurance Advisors, LLC
600 Lee Highway
Verona, VA 24482
(540) 712-2199​
Click Here to Email Us

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