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Illustrated city street with a high-rise under construction and a tower crane, concrete barriers with a purple hard hat, a dump truck on the road and a domed courthouse with columns

Surety bonds

get bonded. win bigger jobs.

Bid, performance, payment and license bonds for contractors and growing businesses. We work with the sureties so you can bid bigger.

get started

MARKETS WE PLACE THROUGH

Progressive Commercial
Chubb
Travelers
Nationwide
AmTrust
CNA
biBerk
ERGO NEXT
THREE

the guarantee that wins the job.

Bid, performance, payment and license bonds. Tap around the site to see what bonds do, and what they don’t.

Illustrated job site with an office trailer and a framed license on its wall, a plan table with folding chairs and a purple hard hat, a steel frame going up, a crane lifting a beam, a flatbed truck loaded with bricks and a car parked by the sidewalk

guaranteed

Bid bond

You’ll sign the contract if you win.

guaranteed

Performance bond

The job gets finished as promised.

guaranteed

Payment bond

Your subs and suppliers get paid.

guaranteed

License and permit bond

What the city requires before you work.

guaranteed

Bid bond

You’ll sign the contract if you win.

Examples. Your policy sets the details.

a bond protects
your client.

Bonds work differently from insurance. Pick one to compare.

A bond

If the job goes wrong, the surety pays your client. You pay it back.

That’s why sureties look at your finances and track record. We package both so you get approved for the jobs you want.

pays if the job goes wrong. you pay it back. you do the job.

bond claim?
make one call.

We work with you and the surety to settle it and keep you bondable.

  1. 1. Call us right away

    A notice from the owner or a sub. Send it over.

  2. 2. We work it out

    We help you respond to the surety and resolve the dispute.

  3. 3. You keep bidding

    We work to keep your bond line open for the next job.

the best rate, without the shopping.

Tell us about the job once. We compare sureties and bring back your rates, side by side.

Harbor Builders

your rates

$7,500for a $500K performance bond

3 sureties, same bond

Option A$7,500

Option B$8,250

Option C$9,000

ContractorPhoenix, AZ$500K jobStrong credit
compare your rates
same
bond,
best rate
get startedAlready bonded? Send your bond details

already bonded?
get more room.

Send your current bond program. We look for better rates and more capacity.

  1. 1. Send your bond details

    Your surety, your limits and your rates. No forms.

  2. 2. We compare

    Rates and capacity, side by side with other sureties.

  3. 3. You choose

    Stay or move. If you move, we handle the paperwork.

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Put them on one program and we shop them together at every renewal.

good to know.

Straight answers about surety bonds.

What is a surety bond?
A surety bond is a three-party guarantee. The surety guarantees to your client (the obligee) that you’ll meet your obligations, like finishing a job or paying suppliers. If you don’t, the surety pays the client, and you repay the surety. Common types are bid, performance, payment and license bonds.
How much does a surety bond cost?
Usually a percentage of the bond amount. For contract bonds, the rate depends on the job size, your finances and experience. Many license and permit bonds cost a small flat amount. Strong financials and credit typically lower the rate.
What is the difference between a bond and insurance?
Insurance protects you and pays claims without repayment. A bond protects your client, and if the surety pays a claim, you’re expected to pay it back. That’s why sureties review your finances and track record more like a lender than an insurer.
How do I get bonded for bigger jobs?
Sureties set your bond capacity based on your financial statements, working capital, experience and track record. Growing capacity usually means clean financials, often CPA-prepared, a strong bank relationship and a history of finished jobs. We help package your information so sureties see the full picture.
What do sureties look at to approve me?
Typically your credit, financial statements, working capital, bank line, work in progress, experience and references. For small bonds, credit alone may be enough. For larger contract bonds, sureties look closely at financials prepared by a CPA.

Insurance words, in plain English: license and permit bond · performance and payment bond · bonding capacity

know your bonding
capacity before you bid.

Tell us about your business. We’ll show you the jobs you can bond.

get startedor call 802-GOT-RIZA