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Contractor Bid Bonds
If you plan on bidding a construction project, you’ll probably need a bid bond. A contractor bid bond is a type of surety bond that gives the project owner assurance that you will honor your bid if you are selected to do the job. A surety company issues the bond, and if you back out and refuse to honor your bid price, the project owner can then file a claim against the bond and recover the cost of having to find another contractor to do the job.
Contractor bid bonds are often bundled with contractor performance bonds and contractor payment bonds. Having these bonds helps protect the project owner, and also serve to keep reckless bidders out of the talent pool, ensuring that only responsible and qualified contractors can apply to do the job.
Get Contractor Bid Bonds for Your Business
We pride ourselves on understanding the unique needs of contractors, and work hard to get you the bonds you need fast. To get contractor bid bonds call Citizens General Insurance Brokers at (800) 621-0884 or complete the form on this page to get an instant bond quote.
Why Choose Citizens General Insurance?
Experienced
Our agents can help you secure the right coverage to protect your business. We’ve helped thousands of businesses find the right coverage and right pricing for their specific needs.
Savings (Time & Money)
We work with the some of the nations’ top insurance carriers. This means we can compare coverage and pricing so you always get the best of both.
Independent
As an independent agency, we work for you, not any single insurance carrier. This means we can offer you unbiased advice and choices for your insurance, not just one carrier like some others.