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Contract Surety Bond - Let us find your best bond rate - bid, performance and payment bonds for contractors
Public and many private jobs require bid, performance and payment bonds. Sureties look at your financial statements, work in progress, experience and bank line before setting a program. Send us a few details and we will shop 50+ carriers for your best rate – no cost, no obligation. Prefer to talk? Call 800-616-3490.
Contract Surety Bond Quote Request
Applicant Information:
Have these handy
- Year-end financial statements (CPA)
- Work-in-progress schedule
- Bank line of credit letter
- Largest jobs completed
- Copy of contract or bid documents
Related coverage
Coverage details
What Contract Surety Bond coverage includes
Public and many private jobs require bid, performance and payment bonds.
- Bid bonds - Guarantee you will sign the contract if you win.
- Performance bonds - Guarantee the work is completed per the contract.
- Payment bonds - Guarantee subs and suppliers get paid.
- Maintenance bonds - Guarantee repairs during the warranty period.
- Bonding program - A single and aggregate limit to grow your backlog.
Good to know: CPA-reviewed year-end statements and a current work-in-progress schedule are the keys to a larger program – jobs under $500,000 can often be written on credit alone.
Not covered: a surety bond is credit, not insurance – the surety will seek repayment from you and your indemnitors for any claim it pays.
Insurance Application:
Contract Surety Bond
Required forms
Contract Surety Bond Supplemental Application (PDF)
Download, complete and email to info@societiesinsurance.com, or attach it with your quote request.
Contact details
Prefer to talk?
- Toll-Free: 800-616-3490
- East Coast: 706-550-4418
- West Coast: 206-755-0101
- info@societiesinsurance.com
- Mon-Fri 8:00am - 6:00pm, Sat 9:00am - 12:00pm