
Fidelity and Deposit Company of Maryland
Fidelity and Deposit Company of Maryland is an insurance firm specializing in surety bonds, which are agreements that guarantee the fulfillment of contractual obligations. They provide these bonds to businesses and individuals to ensure they meet commitments like construction projects or licensing requirements. If the bonded party fails to fulfill their obligations, the company compensates the affected parties, offering financial security and trust. Essentially, they serve as a safety net, assuring projects and agreements are completed as promised.