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      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Business >
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      • Group Benefits
      • Insurance Bonds
      • Workers Compensation
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      • Life Insurance
      • Annuities
      • Disability Insurance
      • Final Expense Insurance
      • Financial Planning
      • Umbrella Insurance
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      • Home Insurance
      • Condo Insurance
      • Earthquake Insurance
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  • About
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Insurance Bonds

If you need an insurance bond to bid on or get hired for a new job call us. We're insurance bond experts and we'll get it taken care of you... Fast!

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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 to 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.
(724) 335-9928
3281 Leechburg Rd
Lower Burrell, PA 15068
Click Here to Email Us
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Licensed in Kentucky, Florida, Georgia, Indiana, Maryland, New York, North Carolina, Ohio, Pennsylvania,  South Carolina, Tennessee, Virginia and West Virginia.

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Carosella Insurance
3281 Leechburg Rd
Lower Burrell, PA 15068
Phone number:  (724) 335-9928
Click Here to Email Us
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