When you’re looking for a surety bond, you want to work with a reputable surety bond company to make sure that you get the service and assurance that you require.
What makes the best surety bond companies stand out?
- They’re easy to access
- They have great rates
- They connect with diverse carriers
- They have a proven track record
- They have excellent customer service
- They work in your location
- They work with small or large businesses
- They provide your bond quickly
#1: They’re Easy to Access
When you’re looking for a quote for a surety bond, time is often pressing. You don’t want to play phone tag with a company and have to go back and forth to determine the rate you’ll pay.
Look for a company that does its research but is also able to give you a speedy turnaround on a quote so that you can move ahead with your project planning. Also look for a company that offers multiple ways to contact them.
Surety Solutions offers the following methods of communication:
- Get a free surety bond quote online anytime
- Call us on the phone
- Email us
- Chat us online (look for the yellow chat button on the right bottom corner of the screen during business hours)
#2: They Have Great Rates
Look for a surety bond company that can work with your unique business.
Look for a company that has:
Understand that a good company will have a program that can help you, regardless of your situation. They will also go the extra mile to try and make that program work for you.
#3: They Connect With Diverse Carriers
- What diversity does a surety bond company offer you?
- Does it work with just a few insurance companies?
- Does it work with a lot?
The best surety bond companies can provide great rate quotes for your unique business by accessing many different insurance carriers.
You will want to be wary of companies/brokers who place all of their surety business with one carrier because you most likely will not be getting the best rates.
At Surety Solutions, we have relationships with over 30 of the top insurance carriers in the nation which means you have a better chance of being bonded at a lower rate.
Want to know what you would pay for your bond? Get a free quote online from the comfort of your home. It’s 100% free.
#4: They Have a Proven Track Record
You need your surety bond to reflect your responsibility to your industry, and it’s important to choose a bond provider who’s equally professional and responsible.
Look at the company’s track record and longevity, and ask to speak to references if possible.
These resources are great for checking out a surety company:
- A.M Best Ratings – ratings for surety bond companies
- Department of the Treasury’s Listing of Approved Sureties – for federal projects
- BBB – Better Business Bureau
Online reviews and years in business can give you some information about the follow-through and excellence that a given surety company/broker exhibits. Also, it never hurts to pick up the phone and call as a way to meet the people behind the business.
Surety Solutions is proud of what we offer to our clients – a difference you can notice. Find out how Surety Solutions is different.
#5: They Have Excellent Customer Service
While you may be looking for a quick quote, you also want to make sure that you find a company that you can trust and people you can work with over time. Good customer service makes a surety bond company great.
Surety bonds can be confusing or can require unique considerations.
When you are confused or working through with a unique variable, you want a company who is experienced and responsive in helping you get the right bond executed the right way.
Surety Solutions has a 5 star rating on Google. Check out our Google Reviews.
#6: They Work in Your Location (or Many Locations!)
If you’re looking for the best surety bond companies, and you work in more than one state, you’ll want to look for a provider who can provide bond services in the many locations where you work. Some bond companies/brokers are regionally based, others are nationally licensed.
You will want to make sure that the broker you go with has a license to sell surety bonds in the state where you need a bond. This is also an important factor for businesses that may be small now but want to expand in the future.
#7: They Work With Small or Large Businesses
Before you decide to work with a surety bond company, make sure that the company has experience working with your type and size of business.
If you’re a small businessperson, choose a company with a track record of providing bonds to small businesses, rather than one that works primarily with larger companies.
The best surety bond company will work with businesses of all sizes, so they can service you at startup and throughout your growth.
#8: They Provide Your Bond Quickly
Business owners don’t make money by working on compliance issues that do nothing to build profitability. So at the end of the day, speed is very much a consideration.
The more time you spend executing a surety bond, the less time you have to do what you love. Choose a surety bond broker who is built for speed. Who can get you the right bond, at the best rate in the quickest time frame possible?
Choosing a Surety Bond Company
If you need more information on how to choose a bond company, check out:
- How Surety Solutions Is Different – choose a company that truly cares
- A.M Best Ratings – ratings for surety bond companies
- Department of the Treasury’s Listing of Approved Sureties – for federal projects
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