BondAmerica Logo2     BondAmerica Logo2

Company Overview


v      We write ALL classes of Surety, Fidelity, Fiduciary, Court, Etc.  Except for bail bonds, there is virtually no bond that we do not consider.

v      Bonds Only – We specialize in bonds only.  We do not write insurance of any kind.

v      Instant Bond Issuance Once Approved – We have Power of Attorney for our bonding companies.  98% of all bonds are issued in-house.

v      Large Bond Capacity - $50,000,000 Single Bond Limit/$100,000,000 Aggregate Bond Limit Capabilities.

v      Subdivision Bonds - We have an excellent market for these.  Most companies approve based on applicant’s financial condition only.  We approve mainly based on financials and adequate “evidence of funding”.  We have found this to be highly appealing to Developers.  We also have filed rates cheaper than most companies writing Subdivision Bonds.

v      Challenging Cases Welcome - we don’t like to say “no”, and consider a range of ‘creative’ solutions when necessary (i.e. cosigners, funds administration, bonding back of subcontractors, collateral, etc.).

v      Environmental Exposures Welcome

v      International Exposures Welcome


Ø      Miscellaneous, License, Permit & most court bonds—We will typically respond within 24 hours.

Ø      Most Fidelity Bonds—We will respond within 48 hours.

Ø      New contract submissions (Bid, Payment and/or Performance Bonds)—We will respond within 24-72 hours, depending on size of bond request.

o        Specialty Programs and/or Minimal Paperwork for Bid, Payment and/or Performance Bond Requests as follows:

    1.) Up to $250,000 based on Owner's Credit Reports Only-No Financials Required;

    2.) Up to $500,000 based on Owner's Credit Reports and In-House Business & Personal Financial Statements;

Ø      Existing contract submissions (Bid, Payment and/or Performance Bonds) —We will respond within 24 hours.


  • Superior
    Service
  • Fast
    Approvals
  • Creative
    Solutions
  • Knowledgeable
    Underwriters
We are fully licensed (Corporate Business licenses, Corporate Insurance licenses, Individual Insurance licenses, and all corresponding Corporate and Individual Insurance appointments as required) in the following states (with more to follow in the near future):

Alabama

Arizona

California

Colorado

Connecticut

Delaware

District of Columbia

Florida

Georgia

Idaho

Iowa

Illinois

Indiana

Kansas

Kentucky

Louisiana

Maine

Maryland

Massachusetts

Missouri

Nebraska

Nevada

New Hampshire

New Jersey

New York North Carolina Ohio Oregon Pennsylvania South Carolina
Tennessee Texas Utah Virginia Washington West Virginia
 

At any given time, we typically represent between 18 and 20 different bonding companies, and below is a partial listing of some of the bonding companies we represent, all of which are Admitted, U.S. Treasury-Listed, and carry some form of “A” rating by A.M. Best (we never use anything less):
 

Acstar Insurance Company

Hanover Insurance Company

Companion Property & Casualty Insurance Comp

Hartford Casualty Insurance Company

Contractors Bonding and Insurance Company

Hartford Fire Insurance Company

Developers Surety and Indemnity Company

Travelers Casualty & Surety Company of America

Great American Insurance Company

Western Surety Company

 



The BondAmerica Corporation

P.O. Box 2632, Chesterfield, VA  23832

13403 Burnettedale Drive, Chester, VA  23831

     Phone: (800)237-6160

Fax: (804)748-4711

E-Mail:  jclark@bondamerica.org