Please Log in or register to participate in this discussion.
Viewed 2155 time(s)8 post(s).

Ask Your Peers  contract bonds (Closed)


DOUGLAS RIDER, RIDER INSURANCE AGENCY INC - Amsterdam, MT 59741
Reputation: 1681 - Total posts: 111
having trouble finding a carrier to quote a client with a less than perfect credit history on a contract bond. Would include bid and performance bonds.
Anybody have someone doesn't use credit so heavily in the bond process? We are in MT and would be multistate.
Thanks
11 year(s) ago
This content has not been rated yet.

Nancy Elias, CompleteMarkets - Big Bear City, CA 92314
Reputation: 4229 - Total posts: 335
Hi Douglas,

Thank you for continuing to use CompleteMarkets!
I conducted a search for Bonds in Montana using our Find It tool and found a company that may be able to help you. You can view my search results by clicking here. This company specializes in many types of bonds. I suggest sending them a submission by clicking here to see if they can cover contract bonds and performance bonds.

Good luck!
11 year(s) ago
This content has not been rated yet.

lamon warnock, www.ezsuretybonds.com - Oakwood, GA 30566
Reputation: 59 - Total posts: 7
Douglas,
Send me the application. We have markets. Thanks, [email protected] www.ezsuretybonds.com
11 year(s) ago
1 Verified Reviews - 5 of 5.0

Michael Neschke, A1SuretyBonds.com - Las Vegas, NV 89147
Reputation: 34 - Total posts: 2
Douglas,

A1SuretyBonds.com

We have multiple markets to help, even with bad credit we can usually get bonds in place!

Mike
800-737-4880
11 year(s) ago
1 Verified Reviews - 5 of 5.0

Linda Goldstein, Shelley Insurance - West Palm Beach, FL 33414
Reputation: 47 - Total posts: 7
Try: CCI Surety, Inc. 1-877-320-6947

OR: Blair Ashton 855-689-5106 (Absolute Surety) All bonds his specialty
11 year(s) ago
1 Verified Reviews - 5 of 5.0

Chris Pennock, Calender Robinson Company, Inc. - Santa Rosa, CA 95401
Reputation: 71 - Total posts: 6
Try Craig Sherman
www.bondbrokersinc.com

Out of Chicago they have a great rep.

They were referred to me by the bond underwriter I use for most of my bonds.
11 year(s) ago
This content has not been rated yet.

Scott Bull, ISU MainStreet - Montgomery, TX 77356
Reputation: 95 - Total posts: 9
Having subpar credit, your client might have to come up with collateral to get the bond, especially if the bond is over $250K. And/or pay a high rate. Is this their first bond? Do they have audited financials or at least a P&L statement? A number of variables will determine the difficulty vs ease on this one. I use Lacey Beairsto with Surety Placement Services, Inc out of Arizona. They write nationwide and she is awesome. 866-430-3322 (www.suretyplace.com)
11 year(s) ago
This content has not been rated yet.

Nancy Elias, CompleteMarkets - Big Bear City, CA 92314
Reputation: 4229 - Total posts: 335
Hi Douglas,

We want to ensure you were able to get the help you need. Were you able to find a company to help you? If not I'd be happy to provide additional assistance. Please just reply to this discussion forum and I can reach out to you to help!

Thank you!

10 year(s) 13 month(s) ago
This content has not been rated yet.

Please Log in or register to participate in this discussion.