Surety Programs

What We Offer:

Contract Surety

  • Bid Bond

  • Performance Bond

  • Payment Bond

  • Supply Bond

  • Maintenance Bond

Surety Bond Programs:

  • 30+ years of experience

  • Quick Response Time

  • Planning sessions for future growth

  • Let us help you grow!

Quick Bond Program

  • 24 hour turnaround

  • 1 page application

  • No Financials

Standard Bond Program

  • Surety Limits from 500K to 100 Million Per Project

Quick Bond Program (Under $500,000)

An ideal solution for many contractors bidding on smaller projects is using a credit-based program. A credit-based or quick bond program is a quick and easy way to obtain a bond without providing any financial statements. With our quick bond program, we can provide a bond up to $500,000 with an aggregate of 800,000 and with basic financials we can assist in bonding a bid up to 1,000,000.

What We Need From You:

  • PI’s Quick Bond Questionnaire filled out

  • Invitation to Bid (Bid Bond)

  • Bid spread result and copy of contract (Performance and Payment Bonds)

PI’s Bonding History

Professional Insurors has been in the bonding industry for over 30 years. Our program was established with the goal to not only assist contractors to be competitive throughout the bonding process but to also facilitate furthering the success of their company.

Standard Bond Program:

Our Contract surety program offers bonding for any size project. With an intricate understanding of the construction industry and the bonding process, we are able to cater to your individual surety needs. Our goal is to create a long-term relationship between contractors, Professional Insurors, and the Surety company. This will allow the company to reach their long-term goals.

What We Need From You:

  • Completed & signed contractor’s questionnaire form

  • Last 3 years fiscal year end financial reports of business

  • Last 3 years business income tax filings

  • Financial report on business

  • Most recent income tax filing of business owners

  • Reference

  • Bank letters

  • Completed contract bond request form

Response Time

At Professional Insurors we understand that contract bonds are highly time-sensitive. We aim to have a turnaround time as soon as one business day of a completed application.

General Liability Insurance

General Liability consists of coverages which protect an insured against third party claims for property damages or bodily injury.

Coverage Options:

  • Per Project Aggregate (new limits per project)

  • Blanket Additional Insured

  • Blanket Waiver of Subrogation

  • Broad Definitions of who is Insured

  • Broad Definition of Territory

Cyber Liability Insurance

Cyber Liability Insurance helps protect businesses against the viciously damaging and increasingly prevalent threat posed by breaches in cyber security.

Coverage Options:

  • Litigation expenses

  • Regulatory defense expenses/fines

  • Forensic investigations

  • Crisis management expenses

  • Business interruption

  • Cyber extortion

  • Betterment

Directors & Officers

Directors and Officers Insurance (D&O) protects the personal assets of a company’s directors and officers as well as the company’s financial well-being.

Coverage Options:

  • Building Ordinance and Increased Cost of Construction

  • Boiler Coverage

  • Equipment Breakdown Coverage

  • Loss of Rents Coverage

  • Extra Expense

  • Blanket Limits for Large Risk

  • Loss Limits for Properties with Spread of Risk

Professional Liability

Professional Liability Insurance, also called Errors and Omissions (E&O), covers professionals with specific knowledge in a specific area and protects them against claims from their clients.

Coverage Options:

  • Limits available from $300,000 to $20,000,000

  • Wide Range of Deducible Options

  • Represent Multiple A Rated Insurers and offer Side by Side comparison quotes

  • Special Programs for small firms available