Surety Bonds
We don’t just provide bonds – we guide you through the process. Our team works closely with business owners, contractors, and entrepreneurs to ensure you understand your options, meet requirements, and position your business for growth.
Whether you’re new to bonding or expanding into larger opportunities, we help simplify the process and connect you with the right solutions.
What is a bond?
Sometimes a business may be required to have a surety bond to guarantee that work they are contracted to perform will be accomplished. Each bond is uniquely tailored to meet specific needs.
Surety Programs for Construction Companies
Very few insurance brokers understand surety bonds, although all most every business will at some point need one. The protection offered by surety bonds varies depending on the specific bond type and how it functions.
While many believe construction companies are the only type of business required to post bonds, that is simply not true. According to the Surety Bond National Trade Association, there are more than 25,000 bond types.
We don’t claim to have experience with every type of surety bond. However, our clients often comment that it is great to have us available to help them with both standard and the unusual bond requests they receive from time to time.
Subdivision Bonds
Subdivision bonds provide financial assurance that developers will complete required infrastructure and site improvements- such as roads, utilities, drainage systems, and public access features – according to local regulations.
These bonds protect municipalities and ensure projects are completed as agreed, helping developers move forward with confidence while maintaining compliance.
Commercial Bonds
Commercial bonds are designed to support a wide range of business activities by guaranteeing performance, compliance, and financial responsibility across various industries.
Whether you’re securing permits, fulfilling contractual obligations, or protecting stakeholders, commercial bonds play a critical role in establishing credibility and trust in your operations.
Non-Construction Performance Bonds
Non-construction performance bonds guarantee fulfillment of contracts that are not tied to physical construction projects.
These bonds are commonly used for:
- Service Contracts
- Supply Agreements
- Supply & Installation Services
- Fabrication and Delivery Obligations
They provide assurance that your business will deliver as promised- helping you secure contracts, build trust, and expand your opportunities.
Fidelity
Fidelity bonds are designed to protect businesses from financial losses due to employee dishonesty, theft, or fraudulent activity.
They provide an added layer of security and peace of mind, especially for businesses handling sensitive financial transactions or valuable assets.
Public Official Bonds
These bonds are required by statute for certain holders of public office. These bonds protect the public from malfeasance by an official or from an official’s failure to faithfully perform duties. While these duties may vary by position and applicable law, a public official is obligated to act in the public’s best interest at all times and will be held personally accountable, with few exceptions, for the duties and responsibilities of that position. In most cases, these bonds are required in order for an individual to hold office.
Public officials who may require surety bonds include:
- Treasurers and employees
- Tax collectors and employees
- Postal workers
- Town supervisors
- Sheriffs, deputies and constables
- Judges and court clerks
Court Bonds or Judicial Bonds
When someone is pursuing an action in court, court bonds or judicial bonds may be required of either a plaintiff or defendant in judicial proceedings. These bonds may be used to reserve the rights of the opposing litigant or other interested parties and ensure costs related to the lawsuit or legal action can be paid. These bonds include, but are not limited to:
- Bail bonds
- Appeal bonds
- Attachment bonds
- Injunction bonds
- Replevin bonds (which deal with possession of assets and return of assets based on court decisions)
Miscellaneous Bonds
These are bonds that do not fit into any of the other categories mentioned above. They are commonly used to meet the needs of private relationships and unique business relationships. Examples include wage and welfare bonds, utility bonds, workers compensation for self-insured employees, union bonds, lost securities bonds and hazardous waste removal bonds.
Fiduciary Bonds
These surety bonds are required of those who administer a trust under court supervision. They protect heirs, beneficiaries and creditors in case a fiduciary performs dishonestly, negligently or incompetently, causing a loss of assets or other damages. Examples include:
- Executor bonds
- Trustee bonds
- Administrator bonds
- Conservatorship bonds
- Personal representative bonds
- Guardianship bonds
Court Bonds or Judicial Bonds
When someone is pursuing an action in court, court bonds or judicial bonds may be required of either a plaintiff or defendant in judicial proceedings. These bonds may be used to reserve the rights of the opposing litigant or other interested parties and ensure costs related to the lawsuit or legal action can be paid. These bonds include, but are not limited to:
- Bail bonds
- Appeal bonds
- Attachment bonds
- Injunction bonds
- Replevin bonds (which deal with possession of assets and return of assets based on court decisions)
Our Surety Partners
We have direct access to a strong network of leading surety providers, allowing us to secure competitive options tailored to your business needs:
- Merchants Bonding Company
- Old Republic Surety
- Travelers
- CNA/ Western Surety
- Philadelphia Insurance Companies
- Nationwide
- Gray Surety