Contract Surety Bonds

Construction Bonds

The term "construction bond" is a general term used to describe contract bonds. A contract bond is not a specific class of business, it is a category of bond types including: performance bonds, subdivision bonds, and more.

Current Market

The construction bonding market is the same as the rest of the surety industry, making use of conservative underwriting methods. Around 1999-2000, the industry as a whole was very liberal, as the bonding companies' appetites grew too large. The aggressive underwriting resulted in historical losses, which is what brought the industry to more traditional underwriting techniques today.

Special Programs

Our agency has the capacity to place large contractors with some of the most well known carriers in the country. We can also write the hard to place bonds with our unique niche markets that most agents do not have access to.

(Mon, 16 Apr 2012 10:37:56 -0400): hi I recently recieved a invitation to bid a commercial project they require a "certificate from a surety company indicating consent to be bound" can you help me with this.Kordell Scigliano (Tue, 15 May 2012 20:51:23 -0400): Hi I do flooring and now I need to get a license and bond I have bad crdedit

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