How do bonding companies differ?

Every bonding company is unique in many ways. Just to name a few traits, they all have differing appetites, strengths/weaknesses, desired classes of business, and underwriter’s appetite (aggressive or complacent). Additionally, sureties must meet certain requirements of an owner/obligee. These usually come in the form of minimum A.M. Best Ratings (www.ambest.com) and/or minimum underwriting limitations listed in the U.S. Treasury Department’s Listing of Approved Sureties – Department Circular 570 ( www.fms.treas.gov/c570/c570.html). Alter Surety Group is proud to represent over 35 of the major sureties which gives us an advantage to be sure to place your company, whether large or small, with the one that best fits your needs.

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