Bond programs tailored for you.

Take the insurance and bond concern out of bid day

Let's get started

Casey Parisoff

Chief Surety Officer

Kathy Fagan

Bond Account Executive

Jamie Briggs

Surety Underwriter Executive

Construction Bonds

Environmental Bonds

Court Bonds

Public Officials Bonds

Agriculture Bonds

Auto Dealer Bonds

Healthcare Bonds

Non-Profit Bonds

Real Estate Bonds

Bond Requirements:

Appraisal Management Company
Check Seller
Collection Agency
Escrow Officer/Escrow License/Title Insurance Agent
Financial Guarantee
Insurance Broker/Producer/Adjuster
Lost Instrument
Money Transmitter
Mortgage Broker/Originator/Lender
Notary E&O
Notary
Real Estate Broker/Inspector
Regulated Loan/Small Loan
Medallion Signature Stamp Guarantee
Theft Guard - Fidelity
Third Party Administrator

Transportation Bonds

Hospitality Bonds

What does the POWERS process look like?

Our process starts by listening to your needs and tailoring a surety program that allows you to efficiently execute your business plans.

Enter Basic Information

Start by telling us a little bit about your business so we know exactly how to help you insure it properly.

Name
Email
Phone Number
Years in Business
Largest Job Completed
Current Surety

Fill out the request form above. We look forward to speaking with you!

We Gather
Your Info

Bond Information Request (Contractors Only)

Last three year-end company financial statements (CPA prepared preferred but internal will suffice if no CPA statement is currently available)
Most readily available interim balance sheet, income statement, AR aging (with explanation on anything older than 90 days) and job schedule (if prepared)**
Most recent company & personal tax returns (first 5 pages of company return will suffice)
Personal Financial Statement of Owner(s) and spouse
Contractor Questionnaire & Executed Credit Authorization Form
Financial statement of any other entity owned by owner and spouse
Bank Reference Letter
Current Certificate of Insurance
Bond request form if there is an immediate need

Marketing & Negotiation

Next, we send your information to our carriers that are actively seeking companies like yours. Then, we compile our marketing efforts along with our recommendation for the best surety partner for your company.

We Safeguard
and Serve

Once the program is established, we become your advocate and voice continuing to serve your business and maximizing the return on your bond program.

Why choose our agency for your Surety Bonds?

Unlike a generalist insurance agency, our Construction Services Unit understands your industry. We will utilize the expertise we have developed over the years to negotiate the best program for your business plan.

Industry Expert Referral Network

Looking for an accountant, banker, attorney, or qualified sub-contractor? Let us help. We serve those who serve your industry and have developed an extensive referral network of other professionals who work exclusively with contractors.

Sub-Contractor Prequal

Do you have a new sub-contractor you are interested in working with? Are you a sub-contractor interested in bidding to a new general contractor? Let us put our analysis tools to work for you and provide you with credit worthiness of the company you are thinking of working with.

Financial Analysis

Our construction services unit will provide a full financial analysis of your company prior to starting the marketing process. Answering the bond underwriter’s potential questions before they are asked is the goal. Let our years of experience be the proper introduction for your company’s first impression to the market place.

Peer Group Analysis

Ever wondered how your company financials compare to your competition? Powers can facilitate answering that question. Through our carrier partnerships we can provide you with real life apples to apples comparison of those you regularly compete against.

Project Document Review

Is your insurance compliant with the project you are about to bid? Don’t get stuck with added insurance cost after your bid is submitted. Let our Construction Services Unit Review your contracts for compliance from a bond and insurance standpoint prior to your bid.

Let us put our extensive experience to work for you.

Email: Bonds@powersinsurance.com

Call: 1-800-948-5100

START QUOTE