The FCA News

Everything You Need to Know About Surety Bonds

Construction News

Top 8 Questions About Bid Bonds

Top 8 Questions About Bid Bonds

Over the years, we have noticed the same handful of questions being asked by our clients with respect to bid bonds. We thought we'd identify and answer the top 8 most frequently asked in the post below.   How much does a bid bond cost? Bid bonds are...

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Top 7 Questions About Performance Bonds

Top 7 Questions About Performance Bonds

Over the years, we have noticed the same handful of questions being asked by our clients with respect to performance bonds. So, we thought we'd identify and answer the top 7 most frequently asked in the post below.   How Much Does a Performance Bond Cost? The...

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Everything You Need to Know About Performance Bonds

Everything You Need to Know About Performance Bonds

Performance Bonds are guarantees to a project owner, that the contractor will complete its job according to the terms and conditions of the contract. The basic function of a performance bond is to provide financial protection to the project owner in the event of...

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News Categories

Developers Surety News

Deposit Insurance for Freehold Home Builders

Deposit Insurance for Freehold Home Builders

It seems that the first five months of 2019 have been some of the more challenging times in recent memory for developers. While there are a variety of factors to consider, the mortgage stress test has deeply impacted the marketplace, especially with...

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Bonding for Condominiums:  The Process

Bonding for Condominiums: The Process

Many of our readers inquire about what is involved throughout the life of a bonded condominium project. With this in mind, we have created a simple article to outline the 5 major steps of Tarion Bonds and Excess Condominium Deposit Insurance....

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Excess Condominium Deposit Insurance for Developers

Excess Condominium Deposit Insurance for Developers

In Ontario, Excess Condominium Deposit Insurance or “ECDI” allows developers access to purchasers' deposits that would otherwise be tied up in a trust account. Developers who utilize an ECDI policy end up saving money as the deposit access is typically a much cheaper...

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Additional Surety Resources

Estate Bond Qualification & Approvals

What is needed to get approved? Estate administration bonds are something that most people don’t know about until they need one. If this is new to you, an estate administration bond is an insurance policy that protects the beneficiaries from the potential of an...

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Freight Broker Bonds (BMC-84)

Freight Broker Bonds (BMC-84)

The Growing Need for Freight Broker Bonds We have recently been approached by a few Canadian freight carriers with long term operations in the US inquiring about the Freight Broker Bond. This bond, also known as the BMC-84 Freight Broker Surety Bond, is a...

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Contact FCA Surety

Please do hesitate to reach out with questions or for a free second opinion.

surety@fcainsurance.com

1-844-241-5656

1867 Yonge St., Suite 300, Toronto, ON, M4S 1Y5

M-F: 8am-5pm, S-S: Closed

Do you have any questions?

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