Every surety company has its own contract bond application requirements that must be fully met before approval can be granted.

Due to the risk associated with contract bonds required for construction projects, applicants should expect a minimum approval turnaround of 2-3 business days from full application submission. If an applicant fails to provide all required information/documentation when first submitting their application, the underwriting process will be paused until all required information/documentation is provided. 

When reviewing contract bond requests for construction projects, surety underwriters review the entire contract as well as any additional documentation regarding the nature of the work to be performed by the contractor/construction firm. Depending on the obligation outlined in the contract, your underwriter might require additional information or documentation when reviewing the submission. 

Once a contract bond application has been approved, an invoice will be provided with additional instructions. Contract bond premiums are not eligible for premium financing and must be paid in full before the formal documentation can be issued.

You can submit your contract bond request online 24/7 or call 1 (800) 308-4358 if you'd like one of our friendly representatives to walk you through the process.