Surety Bonds
Fulfill your contractual obligations with firm confidence and make your business a reliable partner for any project.
Bring trust to each project and handshake by reaching out to us today.
What is a Surety Bond?
Surety bonds represent a three-party agreement ensuring your projects are completed and terms are met.
A reliable AM Best “A” (Excellent) rated partner with true financial strength, like Builders, is vital to guard your interests and fortify trust in your business relationships.
Our Surety Bond
Solutions Provider
Bondex (a Builders company) is a leader in surety solutions working with top-rated professional surety agents across the nation.
Bondex provides small to mid-size construction companies with surety bonds — even in difficult economic conditions. Our helpful experts find creative avenues to deliver your surety bonds where other companies fall short. Explore our solutions and contact us today to get started.
Obtain Essential Project Assurance
Guarantee project fulfillment with a surety bond. This essential tool ensures that your business meets its obligations, providing your clients and partners with peace of mind and bolstering your credibility as a contracting professional.
Access Extensive Surety Products
Bondex writes three types of contract surety bonds: bid bonds, performance bonds, and payment bonds. We will also underwrite select types of commercial surety bonds, such as license and permit bonds, union bonds, and subdivision bonds.
Enable Stronger Business Relationships
Foster stronger, more reliable business partnerships. Surety bonds serve as a testament to your commitment to honor agreements, making your business a preferred partner in any venture.
Achieve Compliance and Regulatory Assurance
Navigate the complexities of industry regulations confidently. Our surety bonds ensure that your business complies with federal, state, and local authorities — as well as many private owners who also require them — protecting you from potential fines and legal challenges.
Mitigate Financial Risk
Secure your financial stability by mitigating risk. Surety bonds protect against disruptions and financial losses due to non-compliance or failure to complete a project as agreed.
Find Your Local Agent
Builders partners with local agents across the nation who can listen to your needs to craft right-fit policies for your business. Find your local agent today!
What Is Insurance Built Strong® With Builders?
Discover workers’ compensation built strong. Our holistic approach to coverage extends across the timeline of a workplace injury by encouraging proactive accident prevention, delivering excellent claims service, and realizing expert medical care for long-term recovery.
Claims Excellence
Experience a hassle-free claims process with our dedicated team, letting you focus on your business. Our claims managers hold an average of 28 years of tenure, meaning that the helpful voice on the phone brings deep experience and understanding to your claim.
World-Class Medical Management and Treatment
Our devoted on-staff nurses work alongside doctors and medical providers to optimize treatment plans and ensure an effective lineup of surgery, physical therapy, and care for injured workers in an ironclad partnership with stand-out providers and rehabilitation experts.
Better Rehabilitation Outcomes
Through excellence in medical care, we accelerate employee recovery. Our coverage includes rehabilitation costs and lost wages, helping employees recuperate and return to work and their daily lives.
Financial Stability
Trust in Builders’ solid foundation. Our A ("Excellent") rating from A.M. Best reflects our strong financial health and steadfast commitment to our clients. Our financial strength empowers us to fulfill our obligations to our policyholders and provide the proper medical care each claim deserves.
Peace of Mind in High-Risk Industries
Especially crucial in hazardous industries, our workers' compensation and construction expertise give you peace of mind to know you’re prepared for the unexpected and your employees are protected in the case of serious – or even catastrophic – injuries.
Frequently Asked Questions
Find Out More About Surety Bonds
Builders insurance solutions can guide you through the process of obtaining the right surety bond
to support your business agreements and projects.
Surety bonds guarantee contractual obligations through a three-party agreement, ensuring the principal meets specified duties to the obligee, supported by the surety. Insurance, conversely, compensates for financial losses between the insurer and the insured, covering risks rather than obligations.
Find The Right Insurance
For Your Needs
With over 30 years of serving the construction industry, Builders has expanded its expertise beyond construction, offering tailored insurance solutions across varied sectors.