Resources
Surety Bond Resources
10 Surety Contract Terms Explained
When exploring surety bonding options, you may come across unfamiliar contract terms. Learn more about surety bonds and contract language from Travelers today.
![Person pointing to a contract at a meeting table.](https://asset.trvstatic.com/images/assets/person-pointing-to-a-contract-at-a-meeting-table.jpg/c8588a8090d611edb6b37e69b0fe2964)
Surety Bond Resources
5 Things to Look for in a Commercial Contract Surety Provider
Here are important differentiators to consider that may help you choose the right bond carrier for your needs.
![Older woman holding glasses in front of laptop reviewing commercial surety bond contract.](https://asset.trvstatic.com/images/assets/older-woman-holding-glasses-in-front-of-laptop-reviewing-commercial-surety-bond-contract.jpg/903f9f4490d611ed9a17ee50152c0e88)
Surety Bond Resources
Find the Right Construction Surety Provider — Look for These 4 Value-Added Services
It is important to evaluate the resources and tools a construction surety provider offers beyond the traditional surety to make the most of your investment. Learn more about value-added services to look for.
![A group of people who work in the construction industry having a meeting, looking at plan and a digital tablet on a desk.](https://asset.trvstatic.com/images/assets/value-added-services-large.jpg/b6d4d0c6c8c511edaea98a55016c3af6?token=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzdWIiOlsiYjZkNGQwYzZjOGM1MTFlZGFlYTk4YTU1MDE2YzNhZjYiXSwiZXhwIjoxNzAyOTIzMzcyfQ.QC2ZAsn8mOzvDcniXAQ-T_Xeuj68i1bZjimPwHPWEOQ)
Surety Bond Resources
4 Reasons Contractors Fail and How to Mitigate Risk with the Right Planning
To determine the most common reasons contractors fail during periods of economic uncertainty, Travelers Construction Surety conducted an analysis of construction customer losses over time. Explore our findings on why construction projects fail.
![Three construction workers onsite having a meeting and looking at a smart device.](https://asset.trvstatic.com/images/assets/4-reasons-contractors-fail-large.jpg/508fbfccc33611ed89669a338059a2d7?token=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzdWIiOlsiNTA4ZmJmY2NjMzM2MTFlZDg5NjY5YTMzODA1OWEyZDciXSwiZXhwIjoxNzAyOTI0MTMxfQ.kggwvRTVQ-5_JudYe6WmURijg3jSvF1f1n1FOgaN2cA)
Surety Bond Resources
Understanding the Three Parties in a Surety Contract
Businesses that have relationships with suppliers, vendors or subcontractors may have a need for surety bonds. Surety bond involves three parties: the Principal, the Obligee and the Surety. Learn more about the parties in a surety contract.
![Three people having a meeting in an office and going over a contract.](https://asset.trvstatic.com/images/assets/3-parties-surety-contract-large.jpg/49942b30a4eb11ee97ccde7c2897bbef?token=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzdWIiOlsiNDk5NDJiMzBhNGViMTFlZTk3Y2NkZTdjMjg5N2JiZWYiXSwiZXhwIjoxNzAzNzExMzAwfQ.lsuHdUkbzPg93uFUD1xbD09L3RQBPZyIbvjd43ARaRk)
Surety Bond Resources
Benefits of Bank Fronted Surety Bonds
Bank fronted surety bonds can help companies maintain continuity of operations and avoid dipping into other funding resources such as their line of credit. Learn more about bank fronted surety bonds from Travelers now.
![A woman and an individual are having a meeting to sign a contract.](https://asset.trvstatic.com/images/assets/benefits-bank-fronted-surety-bonds-large.jpg/275242a0813811edb969ae4d62658b73)
Surety Bond Resources
4 Ways the Right Surety Bond Provider Can Help Construction Companies Succeed
When choosing a construction surety bond provider, it’s important to consider what they offer beyond the traditional bond. Explore four ways the right surety provider could help drive more successful outcomes for your projects.
![Business people having a meeting in an office building.](https://asset.trvstatic.com/images/assets/4-ways-surety-bond-help-construction-companies-large.jpg/508c7ef2c33611edb96fc6d51abfdcb5?token=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzdWIiOlsiNTA4YzdlZjJjMzM2MTFlZGI5NmZjNmQ1MWFiZmRjYjUiXSwiZXhwIjoxNzAyOTIzNzk3fQ.BDoZqqEg65hrH1zHuJzALFCKYHGCpooItmN7SaY5ndQ)
Surety Bond Resources
4 Advantages of Surety Bonds for Healthcare Organizations
Here are four ways that surety bonds can be an advantage over bank-issued letters of credit (LOCs) for healthcare institutions.
![A medical professional standing in front of a table seated by other people in masks.](https://asset.trvstatic.com/images/assets/a-medical-professional-standing-in-front-of-a-table-seated-by-other-people-in-masks.jpg/57027f4490d611ed9a17ee50152c0e88)