What To Look For In A Surety Bond Partner


According to a recent article in Independent Agent magazine, now is a good time for agents to be in the surety bond business. With a significant amount of capital available, agents can take advantage of the surety market’s expanded capacity.

It begs the question of what independent agents should look for in a surety.

One important consideration is the surety’s financial strength. “It’s a good practice to partner with sureties that match or exceed financial requirements and to avoid the possibility of bonds being rejected due to the financial strength of the surety providing the bonds,” says Beth Harbeck, Old Republic Surety regional vice president - commercial, who’s quoted in the article.