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Bonds Information

What is Bond Insurance? How Can the Koda Insurance Group in Abilene, Texas Help?

Bonds Can Help You Leverage Your Business Growth

An issuer of a bond can purchase bond insurance to guarantee scheduled payments of interest and principal on the bond to its bondholders in case the issuer defaults. Once the issuer purchases bond insurance, its credit rating is replaced with the insurer’s credit rating. Premiums are a measure of the perceived risk of failure of the issuer and are paid to the insurer in either lump sums or installments.

What are the benefits of being bonded?

Being bonded gives issuers the ability to leverage business growth. With the increased stature of having the insurer’s credit rating, a business can feel safer in taking risks to improve and grow the business. This is especially true in the construction and financial industries.

A bonded business can obtain unbiased criticism from a credit professional and seek advice in underwriting projects.

Some bonds we handle include, but are not limited to, the following:

  • Contract performance bonds
  • Bid bonds
  • Maintenance bonds
  • Payment bonds
  • Supply bonds
  • License and permit bonds
  • Miscellaneous bonds

Get started today!

Contact us today, and we can answer any questions you have about bond insurance. 

Customers from many places:
Abilene, Clyde, Cisco, Eastland, Anson, Stamford, Trent, Merkel, San Angelo, Coleman, Santa Anna, Ballinger, Austin, Dayton, Crosby, Granbury, Stephenville, Albany, Breckenridge, Brownwood, Ballinger, Cross Plains, Snyder, Big Springs 
and many other areas.

Thank you for your interest in the
Koda Insurance Group. To begin your quote process, use our quick and easy quote form. If you would like to speak to an insurance professional, feel free to call our office at 325-695-9999 or email your questions and an agent will reply promptly.


HELPFUL LINKS: Home Policy Changes Get A Quote Blog Contact Us 4400 Buffalo Gap Rd
Suite 2600
Abilene, TX 79606

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