Bonds Insurance Solutions from J.R. Olsen Bonds & Insurance Brokers, Inc.
As a trusted Managing General Agency with access to 25 top-rated insurance carriers, J.R. Olsen Bonds & Insurance Brokers, Inc. offers a comprehensive suite of bond solutions for agents and brokers across the U.S. Whether your client needs a surety or fidelity bond, we make it easy to place a wide variety of bond types—many of which can be issued regardless of credit history.
Ideal Accounts and Appetite
We specialize in helping agents place bonds for a variety of clients, including:
- Construction contractors needing bid, payment, or performance bonds
- Developers requiring subdivision bonds for land improvement obligations
- Businesses or professionals needing license and permit bonds for regulatory compliance
- Entities involved in litigation requiring court bonds (plaintiff or defendant)
- Firms needing fidelity bonds to protect against employee dishonesty or fraud
We also accommodate niche opportunities, such as mortgage brokers, title and escrow companies, and city/municipal entities that require bonding as part of their operations.
Coverage Highlights and Advantages
We offer a broad range of bond types, including:
Surety Bonds:
- Contract Bonds — Bid, Payment, and Performance
- Subdivision Bonds
- Court Bonds — Plaintiff and Defendant
- License & Permit (Compliance) Bonds
- Miscellaneous Financial Guarantee Bonds
Fidelity Bonds:
- ERISA Bonds
- Manufacturers
- Business Service Bonds
- Mortgage Brokers/Bankers
- Third Party (Loss Payee)
- Banks, Cities, Title Companies, Escrow Companies
Special Programs:
- Contractors License Bonds — Often issued regardless of credit
- License & Permit Bonds — Issued up to $50,000 regardless of credit
- Performance Bonds — Streamlined 2-page app for bonds up to $100,000
- California Insurance Broker Bonds — 3-year term for $120
New Program Highlights:
- Bonds up to $50,000 issued regardless of credit (excludes contract, court, and subdivision bonds)
Underwriting Notes
Thanks to our wide market access, we offer both specialty and preferred rates based on credit and financial strength. Many bond types can be issued quickly and without extensive credit requirements, allowing you to serve more clients efficiently. We also streamline the application process for specific bond types, including short-form apps for performance bonds.
Territories and Availability
Our bond programs are available in all 50 states and the District of Columbia, including key markets such as California, Texas, Florida, and New York. We can help you place business wherever your clients operate.
Why Work With J.R. Olsen Bonds & Insurance Brokers, Inc.?
We combine deep expertise in the bond market with responsive service and flexible underwriting. As a Managing General Agency with access to 25 respected carriers, we can accommodate a wide range of bond needs, from standard license bonds to complex financial guarantee bonds. Our specialty programs and credit-friendly options make it easier for you to serve clients of all sizes.
Whether you're helping a small contractor obtain a license bond, or supporting a real estate developer with a large performance bond requirement, J.R. Olsen Bonds & Insurance Brokers, Inc. offers the tools and support you need to succeed.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Our program is ideal for contractors, developers, mortgage brokers, title companies, and other businesses needing surety or fidelity bonds, including those with limited credit history.
Can bonds be issued regardless of credit?
Yes, many of our license, permit, and contractor license bonds can be issued up to $50,000 regardless of credit. Some exclusions apply, such as contract, court, and subdivision bonds.
What is the underwriting process like?
We offer streamlined applications for many bonds. For example, performance bonds up to $100,000 can often be written using a two-page application. Our underwriting focuses on credit and financial strength when applicable.
Are your bond programs available nationwide?
Yes, we offer coverage in all 50 states and Washington, D.C., making it easy for you to serve clients across the country.
What carriers do you work with?
We have access to 25 different insurance carriers, allowing us to match your client’s needs with the most competitive and appropriate market.
Need help placing an account? Connect with a market specialist.