what is subguard
As a result, the best interests of the owner, and in. turn the contractor and the project, did not always. correspond with those of the bonding company. Subguard is a comprehensive insurance product that. protects the project from delays and additional costs. associated with a defaulted subcontractor or supplier. It has been in use since the mid-â90s and provides. broader protection and better value than traditional. performance and payment bonds.