Underwriting
Our approach is traditional, utilizing net worth as the primary underwriting criteria. In addition to contract surety accounts, the company writes Public Official, Probate, Judicial, License & Permit and certain Miscellaneous Bonds.
Service
Our team is small but our service is outstanding. You can expect a call within 24 hours. We prefer to issue agency lines to accommodate accounts with active bond needs.
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Contract BondsThe basic purpose of a contract bond is to guarantee completion of a contract according to its terms. Bonds include: Payment & Performance Bond, Subcontract Performance Bond, and Maintenance Bond.
Contract bond submission requirements:
- Completed Contractor Profile Form
- Previous three fiscal year-end financial statements
- Personal financial statements for all owners or stockholders
- Current Work On Hand Report
- Completed Bank Reference Form
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License & Permit BondsLicense and Permit Bonds are required by local and state governments to protect the public from damages caused by a failure to comply with applicable codes and statutes. The Long Form Application should be completed for bonds over $25,000.00.
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Public Official BondsPublic Official Bonds guarantee the faithful performance of duties by an appointed or elected official. Public Official Bonds are written for the official’s term of office.
- Notaries Public
- Appointed or Elected Officials (Clerk, Supervisor, Treasurer, Sheriff, etc.)
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Probate / Court BondsCourt (Judicial) Bonds are required to guarantee fulfillment of a court obligation. Probate bonds are required in court proceedings to guarantee faithful performance of fiduciaries.
- Court (Cost, Indemnity to Sheriff, Replevin, Attachment, etc.)
- Probate (Personal Representative, Guardian, Conservator, Trustee, etc.)
Fidelity Bonds
Miscellaneous Bonds