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Photo illustrating relationship of construction bond broker and contractorInsurance agents who work with contractors may be asked to help their contractor clients acquire surety bonds. Agents can assist with this process and strengthen their client relationships if they know the basics – kinds of surety bonds, the underwriting process, and what to do when contractors face difficulties qualifying for a bond.

Bruce M. Allen, founder and chairman of the KOG International, authored the following feature article “How Surety Bonds Impact Contractor and Agent Relationships” for the Insurance Journal.