Construction Bond

Builders Risk Insurance

Contract bonds are sometimes referred to as construction bonds. It is a guarantee of the performance of a contractor. In general, contract bonds are used to guarantee that the contractor will perform according to the specifications of the construction contract.

If the contractor fails to perform according to contract, the insurance company is responsible to the insured for payment, up to the limit of the bond, which is usually for an amount equal to the cost of the construction project. The insurance company then has recourse against the contractor for reimbursement.

Apply for Construction Bonds

Contract Bonds – Up to $350,000

We underwrite this bond based on credit report and approval of this program within 24 hours.

  1. Download Application
  2. If this is a bid bond, include special bond forms and bid specification
  3. If this is for a new contracted project, include a copy of the contract purchase order

Contract Bonds – Over $350,000

We underwrite this bond based on credit, experience, and references.

  1. Download Application
  2. If this is a bid bond, include special bond forms and bid specification
  3. If this a for a new contracted project, include a copy of the contract purchase order

We Offer Low Rates for Clients with Poor Credit

  • Affordable Rates and easy monthly payments
  • Many Programs for harder to issue dealer bonds
  • Fast & Friendly service
  • Need a quote, apply online or call our office

Why Bond with Us?

  • Affordable Rates, No hidden fees
  • Experience, in Business since 1988
  • Great Service
  • Fast Approvals & Same day Delivery
  • Free price quotes – No obligation to buy
  • Friendly Staff