We'd be the last people to say your current bonding agent isn't doing a good job for you. But, we'd also be the first to say we can probably do a better job for you. Here's why.

Strong Representation

We represent most major sureties, many on an exclusive basis in Hampton Roads and Virginia. This selection of companies enables us to match the contractor to the surety that offers the best program and rate.

  • Companion Property and Casualty Insurance Company, Post Office Box 100165, Columbia, SC 29202
  • Continental Casualty Company, 333 South Wabash Avenue, Chicago, IL 60604
  • Fidelity and Deposit Company of Maryland, 1400 American Lane, Tower I, 19th Floor, Schaumburg, IL 60196
  • First Sealord Surety, Inc., Post Office Box 900, Villanova, PA 19085
  • Hanover Insurance Company, 440 Lincoln Street, Worcester, MA 01653
  • International Fidelity Insurance Company, One Newark Center, Newark, NJ 07102
  • Liberty Mutual Insurance Company, 175 Berkeley Street, Boston, MA 02116
  • North American Specialty Insurance Company, 650 Elm Street, Manchester, NH 03101
  • Travelers Casualty and Surety Company of America, One Tower, Square, Hartford, CT 06183
  • Western Surety Company, Post Office Box 5077, Sioux Falls, SD 57117
  • Westfield Insurance Company, Post Office Box 5001, Westfield Center, OH 44251
  • United States Surety Company, Post Office Box 5605, Timonium, MD 21094

BONDING IS OUR ONLY BUSINESS

Unlike some insurance agencies that mistakenly believe surety and insurance were hatched from the same egg, Hampton Roads Bonding is solely dedicated to the fine art of suretyship and the special circumstances that clearly differentiate it from insurance. The nuances between insurance and bonding are significant. Experienced and successful contractors agree, and that is why we are completely focused on suretyship. With that total commitment, we bring a dedicated expertise to every facet of the bonding business, including the major sureties we represent. We have trusted, and oftentimes exclusive, relationships with them. That enables us to match the contractor with the surety that offers the best rate and program. Because we provide candid and accurate information to the sureties, they rely upon our judgement and recommendations on most occasions. As a result, we get the job done quickly while eliminating costly errors. Our intense focus qualifies us as specialists. We know the business better than most, because it is our only business.

A PARTNER IN YOUR SUCCESS

That's how we see it. And this is how we do it. We know the construction industry and management process, including estimating, bidding, building and cost control systems. Our knowledge of construction contracts and law, coupled with an acute awareness of local and regional construction markets means we're a source of information we gladly share with our clients. We also furnish credit and reference reports and will review subcontractor bonds if requested. Our understanding of finance, and familiarity with the AICPA Audit Guide for Construction Accounting makes us an invaluable source for your strategic planning and management practices that promote successful contracting. We also know there can be problems! From subcontractor disputes to personnel problems-even sleep-robbing financial difficulties-we're here to help, and help make your business grow.

CUSTOMIZABLE BONDING

One size doesn't fit all, and we know it from our experience. As a matter of fact, it is our experience that can create a personalized bond for any contracting situation. We begin the process with an accurate and complete credit appraisal. Our analysis fully documents your contracting history, track record, trade/bank credit relationships, overall financial performance and desired work program. Our written presentation is then reviewed with you to allow discussion of any points that need to be clarified before submission to the sureties. Because we learn so much about your organization at this time, we are capable of researching the various surety options available that can substantially reduce your costs. It is also during this phase that we have an understanding of your business and operations and, therefore an ability to share with you our suggestions for improvement. It's yours for the asking.

It all begins with an appointment! Call us today at 757-491-1100