Call today and tell us about your contract bonding needs. 301-417-9090 or 866-417-9090. We have contract bonds up to $400,000 per contract available with just your good credit. No financials required.
License Bonds available for all local jurisdictions and states.
A Bond is an agreement between an insurance company (the Surety) and you, contractor, company or person needing bond (the Principle). The bond describes the responsibility of the principle and what the surety guarantees.
Bonds are required for various situations. Some state and local jurisdictions require certain trades to be licensed and require a bond to guarantee the work of the contractor. Some projects/jobs require bonding to perform work to guarantee the timeliness of the project and that all subcontractors are paid (contract bonds).
Representatives of estates may require a bond to settle an estate. Those are Probate Bonds.
We have several carriers with broad bonding appetites to meet almost every need. Bonds are underwritten similar to credit. Strong personal credit and company financials are generally requires.
Typical bonds we issue are, but not limited to:
License and Permit bonds, Probate bonds, Payment & Performance Bonds, Public Official Bonds, and more.
Bonds issued in/for MD, VA, DC, WV, & PA
Call us today for more information on the bond you need! 866-417-9090