Contract surety

Underwriters that specialize in your sized business

Whether you’re a new contractor seeking a small bond or a multinational company with complex bond requirements, we’ll develop a program tailored to your needs. Our keen understanding of contract surety and top-tier client services can help you win in the construction marketplace.

Bonds you need

  • Bid bonds

  • Payment bonds

  • Performance bonds

  • Supply bonds

  • Maintenance bonds
  • Subdivision bonds

Contract customers

  • General builders

  • Construction managers

  • Design/builders

  • Heavy equipment contractors

  • Homebuilders
  • Subcontractors of all trades
  • Engineering contractors
  • Specialty contractors
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Contract customers

  • General builders

  • Construction managers

  • Design/builders

  • Heavy equipment contractors

  • Homebuilders
  • Subcontractors of all trades
  • Engineering contractors
  • Specialty contractors

Common bonded projects

  • Schools

  • Office buildings

  • Residential buildings

  • Hotels

  • Hospitals

  • Prisons

  • Highways

  • Bridges

  • Airports

  • Sewer & water lines

  • Water treatment facilities

Strong and steady appetite

Our expertise is matched by our strong appetite – and we’re ready to work with contractors of all sizes.

Contract bonds for large and jumbo construction projects

Large contractors with well capitalized and liquid construction, manufacturing, and supply risks are a great fit with Liberty Mutual Surety’s Core Contract operations. Our programs generally start at $10 million extend up to $750 million, with significant additional capacity for qualified clients. Unlike any other surety, we provide subcontractor default insurance.

Contract bonds for small and mid-sized construction projects

For small to mid-sized construction and subdivision projects in the United States, our dedicated Liberty Mutual Surety Plus™ underwriting teams provide swift and flexible underwriting. Whether you’re just starting out and seeking your first bond, or you’re a smaller contractor with infrequent bond needs, our Surety Plus underwriters will work with you and your agent every step of the way. Liberty Mutual Surety is the only top-5 carrier with a special unit of field and home office underwriters solely committed to this sized contract surety. Plus, when your business grows you can transition to our core underwriting unit that specializes in larger contract surety, ensuring a long-term Liberty, agency, and customer relationship.

Contract XPress bonds

Contract XPress is ideal for credit-based bonds up to $500K. Bonds written through Contract Xpress are credit-based and don’t require any financial statements. Your agent will work with you to complete an easy application and we will turnaround in answer within four hours!

Contract XPress+ bonds

Contract XPress+ covers programs between $500K single and $3 million single/aggregate cost to complete, or $1.5 million single/aggregate bonded-only programs. While you need financial statements for these bonds, the statements do not need to be CPA-prepared. Your agent will work with you to complete an easy application and we will turnaround in answer within eight hours!

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Small to mid-sized contract bonds 

The small-to-mid sized segment is your choice for accounts with cost-to-complete needs up to $25 million.  Our underwriters use a common-sense underwriting approach and can be flexible on limits when necessary.  There are no minimum premium or net worth requirements and infrequent bond users are welcome.

 

Projects not in our appetite include residential construction contracts, computer software, and most hazardous materials.

Subdivision Bonds

Our Liberty Mutual Surety Plus subdivision underwriters have decades of subdivision bond experience and have worked through multiple housing market cycles.  Subdivision bonds are also known as plat bonds.

Target clients include private and public homebuilders, commercial developers, and land and lot developers. Liberty Mutual Surety provides capacity sufficient to handle the subdivision needs of any privately held builder.  National homebuilders can work with Liberty Mutual Surety’s specialty underwriters.

Vista Surety

Vista provides you the opportunity to bid bonded work you may not otherwise compete for by using a variety of underwriting tools such as:

  • Funds administration
  • Collateral (ILOC, Cash, CVLI and first-lien positions on real estate)
  • Small Business Administration (SBA) guarantees

Liberty Mutual Surety is one of the only sureties that can provide a continuous surety bonding relationship for contractors.  Whether you are going through a rough patch or are on the upswing, you can stay with Liberty Mutual for your bonding needs.

Strategic support

Your unique business requires specialized support. That’s why we’ve developed strategic services that help you succeed in your marketplace, including:

  • Engineering and accounting consultation

  • Research and whitepapers by industry experts

  • Peer benchmarking analysis

  • Customized macroeconomic reporting, for industry trends and best practices

All-lines solutions

If your bond needs grow, Liberty Mutual Surety has the capacity and services to support you. And when you work with Liberty Mutual, you also have access to our full suite of coverages, including:

  • Worker’s compensation

  • Property

  • Inland marine

  • Builder’s risk

  • Umbrella & excess

Whether you’re looking for growth, enhanced operating systems, or competitive analysis, our complimentary support services help you reach those goals.

Ready to get started?

Contact your local independent agent or broker to see how our underwriters can help you meet your bonding obligations. For help finding a surety agent, visit our resources page