Sacramento, CA - February 13, 2012 - Economy Bonds has the most competitive pricing on contractor's bonds in California, writing more contractors license bonds than any of their competitors. Their number one position is by virtue of unmatched claims handling expertise in the contractor's license bond business, which no other company can approach.
"We take great pride in our ability to offer experience, reliability, AND low prices during this rough economy," said an Economy Bonds representative. "Only Economy Bonds can offer a bond from California's most experienced surety company at nearly one third off their regular premium."
In the state of California all licensed contractors must file California contractor bonds with the state, which are essentially contracts in which the surety bonds company promises the State of California that the contractor listed on the bond will not commit any violation of contractor license law in California. If the contractor does not comply with the conditions of the law, a claim can be filed against his or her contractor's license bond.
Economy Bonds also offers the added advantage of writing your bond with California's most reliable and experienced surety company, American Contractors Indemnity Company. American Contractors Indemnity Company (ACIC) has been California's largest writer of contractor's license bonds for more than 25 years. Because claims against a surety bonds company can be filed by any persons damaged by willful and/or deliberate violation of a construction contract, it's important to choose a surety company that has experience handling claims.
"We are well aware of the consequences associated with license bond payout. Your contractor's license is only as safe as the experience of the surety company that bonds that license," said the Economy Bonds representative. "Unlike less experienced surety companies, ACIC will not make 'convenience' payments on invalid claims, which result in loss of license and reimbursement of the surety's loss and expense payments."
Buying a California contractor bond from Economy Bonds is quick and easy - and takes just three simple steps. For more information on the best deal on contractors bonds in California, call Economy Bonds toll-free at 800-278-0689 or visit www.EconomyBonds.com.
About Economy Bonds & Insurance Services:
Economy Bonds & Insurance Services was founded on the principle that California contractors should be able to choose the reliability and experience that only a full service bonding company can offer without having to pay top dollar. Economy Bonds & Insurance Services offers the best of both worlds: a California contractor bond with the most reliable surety company and the most competitive prices in the state. You will be receiving a contractors bond from California's most experienced surety company at nearly one third off their regular premium.