J.M. Wilson Corp.
Contact Us
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J.M. Wilson Corp.
Contact Us
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Contract Bonds
Contract Bonds
 
We offer many types of Contract Bonds with A Rated Carriers!  Call us for Competitive Pricing, Quick Quote Turnaround, 24-48 Hour Response on New Account Submissions, Difficult to Place Accounts, Access to Standard and Non-Standard Carriers.  We also accept applications from other surety companies to review a new submission.  See below for specific Contract Bond coverage details!
 
Streamlined Underwriting Process (SUP) Bonds
  • Small and Infrequent Users of Bonds
  • Bond Requests up to $1 million
  • Work Programs up to $1.5 million
  • Slightly Higher Amounts Can Be Considered When Warranted
  • Learn more and see requirements!
Contractor Bid & Performance Bonds
  • Mostly for Contractors Working on a Public Project Over $100,000
  • Can Also Be Required for Private Job Owners and Smaller Cotnract Amounts
  • May Be Required of Subcontractors and Suppliers
  • Bid Bonds Guarantee the Contractor Will Accept the Contract if Awarded as Low Bidder
  • Bid Bonds Typically 5-10% of the Bid
  • Payment Bonds Guarantee the Contractor Will Perform the Contract and Pay for Labor and Materials
  • Learn more and see example classes!
Subcontractor Bid & Performance Bonds
  • Required by Contractors, Project Managers and Contract Owners
  • General Contractors Typically Require Subcontractors to 'Bond Back' to Protect Themselves on the Main Contract in Event of Default by the Subcontractor.
  • Learn more and see example classes!
Quick Contract Bonds
  • Contractors Are Required to Obtain Bid and Performance Bonds for up to $350,000 per job / $700,000 Aggregate
  • Small or Newer Contracts
  • Learn more and see coverages!
SBA Bonds
  • New Contractors, Small to Medium, Who Cannot Obtain Bonding Through the Standard Market
  • SBA Supports 80-90% of the Bond Penalty
  • Lessens the Risk for the Surety Company
  • Allows for More Bonding Opportunities for Contractors that Meet the SBA Qualifications
  • Learn more and see requirements!



Frequently Asked Bond Questions

Trouble Obtaining Bonds in the Standard Market?



Visit our website, www.jmwilson.com to learn more!

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Managing General Agency and Excess & Surplus Lines Broker
  • Admitted:
    Some Available Markets
  • Carriers:
  • Carrier Ratings:
    A or Better by A.M. Best
  • Commission:
    Varies
  • Min Premium:
    Varies

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LOCATION

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AGENCY LICENSING

To become an appointed agent with J.M. Wilson, the agency profile linked below is required. There is no premium volume requirement.
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J.M. Wilson Corp. has other insurance programs like Alarm Installation and Repair Insurance.