Contractor Bond Accounts - The Bond Agency

About Us > How We Evaluate Contractor Accounts

How We Evaluate Contractor Accounts

We classify Contractor Accounts based on the type of financial statement they produce and evaluate them based on important underwriting criteria such as experience, financial capacity, credit and bill paying history and the background of the business owners.

For a detailed review of the various classifications, the underwriting information necessary to apply and the rates and bonds limits generally available for each class please click the appropriate heading below:

CLICK ON THE CLASS HEADING THAT APPLIES TO YOUR COMPANY AND LEARN MORE ABOUT THE UNDERWRITING AND APPLICATION PROCESS.

CLASS I Contractors
"Small companies, startup companies, companies without a CPA financial statement"

CLASS II Contractors
Contractors who produce a CPA Financial Statement but statement is not in a standard contractor format.

CLASS III Contractors
Contractors that produce a CPA financial statement in a standard contractor's format but have financial results that depart from the norm.

CLASS IV Contractors
Contractors whose CPA financial statement format is standard and financial profile is normal or above average.

Apply Now

For Contractors - To obtain a contract bond or bond line start here. We'll do a quick review and let you know what additional information we will need. Click Here to apply or Click Here to learn more about Contract Bonds.

Pay My Bill

For Businesses & Individuals - To obtain a license, permit or misc. bond start here. We'll do a quick review and let you know what additional information we will need. POOR CREDIT IS NO PROBLEM! Click here to apply.

What is Surety Bond

For Businesses - To help you obtain the fidelity bond you need start here. We'll do a quick review and let you know if we can write your bond, the approximate rate, and what additional information we will need. Click here to apply.

Poor Credit? No Problem!

For Agents & Brokers - The Bond Agency offers its bond markets and expertise to Agents and Brokers.  We can help you place bonds for your contractor and business clients.  Click Here to access our Agents and Brokers page.