A Bond is a financial guarantee that your business is going to do what it was paid to do. If your business does not perform, the Bond can be sued to pay back the customer. Bonds can be referred to as a “line of credit” that you never want to use. The rate of a Bond is based on the limit required and your credit score. Please contact our team if we can be of service. North Town Insurance 509-483-3030 info@northtowninsurance.com Fine Print: This is a general overview with the intention of bringing awareness to coverage options and general industry standards. Coverage varies between carriers and states. Check your policy for specifics.