Incorporating surety bonds into insurance offerings is a natural extension for insurance agents, particularly if they already serve industries like construction, automotive or retail. While traditional insurance typically covers losses due to accidents or other unforeseen events, surety bonds cover financial losses due to contractual breaches between parties. Surety bonds serve as a proactive and preventive measure to ensure that contractual obligations are met.
By offering bonds alongside insurance products, agents can serve more of their clients' business, increase revenue, and enhance client relationships as they become more integral to their clients' operations.
Surety Bonds We Offer
Contract Bonds
We're a specialty underwriter for contract surety bonds. Usually these are bonds for construction projects and fall into the categories of bid bonds or performance and payment bonds, but they could also be maintenance bonds or miscellaneous bonds. More specifically, we assist non-standard accounts that standard carriers turned away.
Commercial Bonds
We handle both standard and non-standard commercial bond accounts. Our experience gives us the ability to handle a full range of accounts with bad credit and limited experience, as well as more established accounts.
Commercial bonds cover a wide variety of bonds. Some of the most frequently needed bonds include:
- CLB (contractor)
- BMC-84 (freight broker/transportation)
- MVD (motor vehicle dealer)
- Sales tax
- Probate
- Mortgage broker
- Certificate of title
- Utility
- Lottery
- Fidelity
- Wage and welfare
- LLC employee worker
- ERISA
- Notary
- DMEPOS
- Home improvement
Experience You Can Trust
We specialize in hard-to-place surety bonds that other sureties. may have previously declined. Our experts think outside the box with our underwriting strategy to help you come through for your clients.
Meet Our Surety Bond Team
Jeremy Crawford
President
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