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A surety bond is a legally binding contract between three parties: oblige, principal and surety that ensures certain contractual obligations will be met.

Garage insurance protects against a variety of liabilities often faced by garage owners and repair shops. Businesses that have a physical location such as a garage, parking lot or storage area used to repair or store vehicles usually need garage insurance.

If you own a small business, insurance helps you protect against liability claims and lawsuits; safeguards your buildings, equipment and inventory.