Contract Surety Bonds
Contract surety bonds are perhaps the most quickly recognized category when one thinks of surety. These bonds typically include bid, performance, and payment bonds required of construction (and, yes, even non-construction related) endeavors. Think: High rise buildings.
Our agency’s focus, however, is on contract surety bonds which operate in the non-construction contract space. For contract surety, we currently have a minimum threshold surety bond requirement of $150,000.
AmeriPro Surety Bonds’ appetite for contract surety bonds includes the following categories:
General Underwriting Procedures
For contract surety, our agency favors applicants and businesses who can show that they are well-established and demonstrably financially healthy entities.
To that end, while underwriting guidelines will depend on the category and type of contract surety business and bond required, we are typically looking for the following:
Our goal as a surety bonds agency is to provide you with the contract surety bond required. We would like to also earn and help you meet your other contract surety, and, if ever applicable, commercial and/or court related surety bond requirements.