"Simply Put, |
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Construction is a risky business. One-half of all construction firms in business today will be out of business six years from now, according to the Associated General Contractors of America. An economic downturn, labor difficulties, material shortages, equipment problems, and a host of many other problems can cause a contractor's business to fail -- leaving projects at a standstill.
No construction project owner, public or private, can afford to gamble on a contractor whose responsibility is uncertain or who could end up bankrupt halfway through the job. And how can a public agency, which uses the low-bid system in awarding public works, be sure the lowest bidder will be dependable? The needed assurance is provided by surety bonds. Performance bonds protect taxpayers against financial loss should the contractor default or fail to complete the job according to the contract. Payment bonds guarantee that the contractor will pay certain bills for the labor, material, and subcontractors associated with the project. |
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J.W. Edens & Company, Inc 4650 South Hopkins Ave. Titusville FL 32780 1-800-310-5883 |
We have decades of proven experience in the Florida insurance market. Our agency, with offices in Titusville and Indialantic, are staffed with professionals you can count on. Our licensed agents and support staff are eager to find the best possible options to suit all your coverage needs. Whether you are looking for homeowners, auto, life, health, personal, commercial, property, or business insurance we are here to help. Unlike some agencies, as an Independent Agency we write for many large insurance carriers, enabling us to find the RIGHT COVERAGE FOR YOU! While the world of insurance may sometimes seem confusing and appears to change daily, you can be assured here in Florida we will be 'the constant' for all your insurance needs. |