Bonded vs insured - Let’s break it down.

Being bonded and insured builds trust with clients, protects your business, and can even open up more job opportunities.

• What does "bonded" mean? Being bonded assures your clients that you have financial backing to cover claims if something goes wrong—like unfinished work or damages caused by your business. It’s a promise of accountability.
• The difference between bonded and insured: While insurance protects your business from risks like accidents or liability claims, a bond protects your client if you fail to meet the terms of a contract. Both are crucial, but they serve very different purposes.
• Why it matters to your clients: Clients are more likely to hire businesses that are both bonded and insured because it gives them peace of mind knowing they’re financially protected. It’s a simple way to build trust and credibility.

Want to make sure your business is covered the right way? Check out the full post here: Understanding Insurance Terms: Bonded and Insured

Have questions about getting bonded or insured? Let’s chat in the comments!