Simple Solutions Blog

Surety bonds vs contractor insurance: What is the difference?

February 2, 2023 UFG Insurance Surety Read Time: 3 min

If you're wondering whether you need surety bonds or contractor insurance for your growing business, the answer is likely both! Learn more about these two common coverage tools in the contracting industry.

Team of contractors wearing safety equipment and shaking hands near job site

3 reasons why your business may need a contract surety bond

March 29, 2022 UFG Insurance Business Surety Read Time: 4 min

Publicly funded projects require surety bonds by law, but there are other reasons why your business may need one. Check out our top three reasons for a contract surety bond.

Contractor standing in front of equipment in van.

Protect your gear with a contractors equipment insurance floater

February 4, 2022 UFG Insurance Business Read Time: 2 min

Contractors equipment insurance is a must for companies that work on-the-go. Here's how it protects your investments and how it's different from other commercial coverages.

Technology for contractors: 4 ways to boost safety

July 14, 2021 UFG Insurance Business Read Time: 4 min

Technology may be overwhelming, but it can also be your friend. Let’s look at technology for contractors and four ways it can help boost safety in your operation.

The right documents can save the day when hiring subcontractors

July 9, 2021 UFG Insurance Business Read Time: 5 min

Make sure you have proof of insurance and the right legal documents in place before you hire that subcontractor – this will help protect your business, and may help you save on insurance premium, too.

4 marketing tips for contractors adapting to the pandemic

July 30, 2020 UFG Insurance Business Read Time: 5 min

With these contractor marketing tips, your business can learn ways to stay on the radar and reach new audiences every day, even during the pandemic.

construction workers on roof, with safety harnesses on

Five Tips To Stay Safe When Working Construction This Summer

July 9, 2020 UFG Insurance Business Read Time: 5 min

Sunny summer days are just around the corner, meaning it’s time to get ready for outdoor projects. Remember these five tips to stay safe while working outdoors during these warm months.

Contractors shaking hands with local business owners in-between work

Relationship building for contractors: Creating a positive client experience

June 17, 2020 UFG Insurance Business Surety Read Time: 3 min

A positive business relationship can have a tremendous impact on future customers. Here are some tips on relationship building for contractors and what they can do to create a positive client experience.

Construction leaders reviewing blueprints at jobsite

10 business lessons contractors can learn from

June 4, 2020 UFG Insurance Surety

A surety is an important partner for contractors when it comes to successfully growing their business. Here are 10 business lessons contractors can learn from to avoid destroying their bonding.

The 4 most common types of contract bonds

May 13, 2020 UFG Insurance Surety

Want to stand out from the competition? That’s where a contract surety bond and surety capacity come into play. Here are the four most common types of contract bonds.

Diverse construction team at work site reviewing construction plans.

5 tips to help grow your independent contractor business

March 18, 2020 UFG Insurance Business Surety

Here are five effective tips to help grow your independent contractor business.

Three people in hard hats at construction site with the leader pointing out good work.

3 Keys to Establishing a Surety Relationship

January 6, 2020 UFG Insurance Surety

Contractors have enough to worry about. But if you’re considering pursuing projects requiring surety bonds, the first step is to build a surety relationship that will benefit you for years to come.

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