Alexander Insurance Agency
Get a Quote: (830) 663-2842
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Insurance Bonds

Get an auto insurance quote from our agency and you may save thousands of dollars a year. It only takes a few minutes to find out how much money you can save!

Get an Insurance Bond

What is an Insurance Bond?

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 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.

Contact Us About Insurance Bonds:

(830) 663-2842
112 Texas 132
Devine, TX 78016
Click Here to Email Us
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Alexander Insurance Agency
112 State Hwy 132 N
P. O. Box 549
Devine, TX. 78016

Ph# (830) 663-2842
Fx# (830) 663-9226

Click Here to Email Us
Please keep in mind that all policy requests are not considered legally bound until after you have received a confirmation from our agency or your insurance carrier directly.
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