Producers
Find a Surety Bond Producer
See NASBP's directory of bond producer Members.
Surety
About Surety
What are surety bonds?
A surety bond is a promise to be liable for the debt, default, or failure of another. There are two broad categories of surety bonds:
- contract surety bonds
- commercial (also called miscellaneous) surety bonds
Who are surety bond producers?
Surety bond producers are business professionals who specialize in providing contract surety bonds to contractors, subcontractors, and other construction project participants and/or who specialize in providing commercial surety bonds to individuals and businesses.
What are surety companies?
Most surety bonds in the United States are written by insurance companies regularly engaged in the business of acting as a surety. Surety companies typically are authorized to do business by the state insurance commissioner.
What are the benefits of surety bonding?
Surety bonds provide assurance of performance and payment and offer increased confidence in transactions. In construction, surety bonds are unparalleled, proven risk management mechanisms that help ensure construction projects are built and certain subcontractors and suppliers are paid.
Contractors
SuretyLearn for Contractors
SuretyLearn for Contractors is the ultimate resource for small and emerging contractors seeking to obtain surety credit for the first time or to increase their bonding capacity. It provides numerous resources including an online course, articles, and forms.
Set Up for Success
Be Guaranteed To Succeed
Find out how surety can help you succeed and whether a NASBP surety professional can help. NASBP's "Be Guaranteed To Succeed" campaign materials target public and private owners, contractors, lenders, and design professionals.
Resources
Bonding Resources
For Contractors
Hiring qualified subcontractors/teams is one of the most important and efficient ways to ensure a project contract is completed successfully, especially in the current environment. One of the many benefits of surety bonds is the thorough vetting process and prequalification of subcontractors.
For Project Owners
Surety helps you take control over known and unknown risks by requiring performance and payment bonds that transfer risk to the surety company. Surety ensures the success of the construction contract and protects your investment.
For Architects
A prudent architect knows surety bonds provide a more targeted means for completion and/or recovery than the architect’s D&O policy when a frustrated, angry project owner seeks recourse for an incomplete or defaulted project.
For Lenders
Your reputation in the community is vital to your success. By requiring bonds on the projects you finance, you are more likely to have successful projects and enhance your reputation in the community and the marketplace.
For Producers
Capture the interest of an owner, lender, architect, or contractor and persuade that person to consider surety bond requirements by appealing to what’s important to them: their business and professional success.
Surety Videos
Promote the value of surety and amplify your messages to owners, lenders, architects, contractors, and other stakeholders with NASBP videos, which complement presentations, emails, and social media posts.
Learn More
Bond Forms, Process Forms & Resources
NASBP offers a variety of forms for different purposes. Some forms were created by NASBP and its Membership. Others are offered by industry partners. Many of these resources are free or discounted for NASBP Members, Affiliates, and Associates.
Find Out About Surety
Learn more about surety bonds, surety bond producers, surety companies, and the benefits of surety bonding.
