Surety One, Inc.
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Surety One, Inc.
Contact Us
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Performance Bond

Surety One, Inc. provides a reliable, flexible market for agents placing contract bonds through its Performance Bond program. A performance bond is a surety guarantee that the contractor (the principal) will complete the contract according to its terms. This program is suitable for construction, service delivery, and supply contracts and protects project owners and stakeholders from financial loss caused by non-performance or default.

Commonly required for public works and government-funded projects, performance bonds are frequently mandated for municipal, state, and federal contracts. Surety One understands public contracting requirements and can help agents place bonds required for bid, performance, and payment obligations.

Ideal Accounts and Appetite

Surety One, Inc. is a go-to market for a wide range of performance bond needs, including:
  • General contractors bidding on public or private construction jobs
  • Subcontractors with defined scopes of work needing contract guarantees
  • Vendors and service providers on multi-year supply or service agreements
  • Small and emerging contractors seeking support through the SBA Surety Bond Guarantee Program
Typical fits include contractors bidding local government improvement projects, subcontractors requiring performance guarantees for specific trade work, and vendors awarded service contracts that include bonding requirements. Surety One will evaluate standard and non-standard accounts and is willing to consider applicants without prior surety experience, particularly under the SBA program.

Coverage Highlights and Advantages

Surety One’s performance bonds provide a third-party guarantee that contract obligations will be fulfilled. Key advantages for agents and their clients include:
  • Underwriting focused on contract compliance and project completion
  • Support for construction, service, supply, environmental, and subdivision obligations
  • Access to the SBA Surety Bond Guarantee Program to help small contractors secure bonds they might not otherwise obtain
  • Responsive, experienced underwriting and claims awareness for faster placement decisions

Underwriting Notes and Minimum Premiums

Surety One underwrites performance bonds across commercial and construction classes, including subdivision and environmental obligations. Underwriting considers the contractor’s financials, experience, contract terms, and project scope. Minimum premiums vary by the size and complexity of the risk; Surety One’s team will evaluate accounts of all sizes and can often place newer contractors who may not qualify with standard surety markets.

Territories and Availability

This program is available in all 50 U.S. states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Canada, and the Dominican Republic. Surety One operates on a non-admitted basis, offering international reach with local flexibility for agents placing bonds across these territories.

Why Work With Surety One, Inc.?

Surety One, Inc. is a surety-focused managing general agency with decades of experience in contract bonding. As an approved SBA Surety Bond Guarantee Program underwriter, they are well-positioned to help small and emerging contractors access bonding capacity. Agents benefit from creative underwriting, practical claims awareness, and a dedicated underwriting team.

To discuss a client or begin a submission, contact their underwriting team at (800) 373-2804 or email [email protected].

Watch a short video overview of Performance Bonds

Frequently Asked Questions

What types of accounts are a good fit for this program?

Accounts that need contract performance guarantees—such as general contractors, subcontractors, or service vendors—are ideal. Surety One also supports small contractors through the SBA Bond Guarantee Program.

Is this program available nationwide?

Yes, Surety One offers performance bonds in all 50 states, DC, Puerto Rico, the U.S. Virgin Islands, Canada, and the Dominican Republic.

Do you require contractors to have prior bonding history?

No. Surety One is willing to consider accounts without prior surety experience, especially under the SBA Bond Guarantee Program.

How quickly can bonds be issued?

Turnaround times vary by account complexity, but Surety One is known for responsive and efficient underwriting, particularly for small to mid-sized contractors.

Can you handle environmental or subdivision performance bonds?

Yes, Surety One can underwrite a wide range of performance obligations, including environmental and subdivision-related projects.

Need help placing an account? Connect with a market specialist.

U.S. States Available

  • U.S. States Available:
  • US Territories:
    American Samoa , Guam, Minor Outlying Islands , Northern Mariana Islands , Puerto Rico, Virgin Islands
  • Canada:
    Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland / Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
  • Provider Type:
    Managing General Agency
  • Carriers:

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LOCATION

404 ave. de la Constitución, Suite 708
San Juan, AL 00901
787-333-0222
0E05447

AGENCY LICENSING

Puerto Rico, all fifty states, US Virgin Islands and Canada.
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Surety One, Inc. has other insurance programs like Appeal & Supersedeas Bond.