Why Old Republic Surety
for Contract Bonds

Contract Bonds with Old Republic Surety

Old Republic Surety provides contract surety bonds for large, middle-market, and small contractors. Key reasons why independent agencies and contractors partner with Old Republic Surety Company:

  • A stable service-oriented consistent market while at the same time being flexible to the needs of our agents and their contractor clients
  • The standard market for general contractors, supply contractors, and most major subcontractor trades with bond programs for all sized contractors
  • Underwriting is not rule-bound. Strong commitment to finding a way to approve each bond request
  • We write contract bonds in all 50 states
  • Best's rating of "A+" (A.M. Best)
  • Field underwriters with contract authority are ready and willing to meet with you and your contractor accounts
  • Industry-leading service with a commitment to efficient, timely response
  • No premium or account size requirements
  • Flexibility in financial statement preparation requirements
  • Continuous improvement to the bonding experience, including DocuSign electronic signatures for indemnity agreements
  • Competitive rate structure with five tiers of contract rates in most states
  • Common sense approach to underwriting
  • Knowledgeable people, so you are always supported by experience
  • Support for contractor and industry association events
  • We are Treasury listed

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As a small town independent agency I encounter contractors who have never bonded but want to bid on jobs. Many have all the credentials and financials to support their bonding needs. One of my clients had the right pieces in place but I had trouble getting a standard market to write the bond because of past jobs not being big enough. As a result of ORSC's knowledge and service, we have a very loyal client with a standard bond program that continues to grow. Old Republic Surety Company is a great organization.
Larry R. Crosby President
Brewton Insurance & Real Estate / Brewton, AL

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