Hometown Bonding Program
Designed for the local contractor who requires infrequent bid and performance bonds. The goal of this program is to help you grow into the Partnership Account®. Financial statements are not required.
For Contractors New to Bonding: Hometown Bonding Program
If you’re new to bonding, we offer our Hometown Bonding Program. This program allows qualified contractors to obtain bid and performance bonds as needed, without a traditional surety line of credit.
New to bonds – credit-based underwriting bonds up to 250,000.
Underwriting Parameters:
- Minimum personal credit score of 700 for all Principals
- Contract must be located within 50 miles of the contractors’ home base
- Contract performed must be self-performed
- Contract work must be within the contractor’s specialty
Hometown Program Documentation (PDF format)
Simply select this option below and complete a short intake form to see if you qualify.
Get Started
Instant & Flexible
We offer a streamlined purchase process that allows you to instantly purchase bonds and insurance online.
Reach
Licensed and admitted in all U.S. states and territories.
Rating
Rated “A” Excellent by A.M. Best Company and U.S. Treasury Listed.
(NAIC #10758)
BUSINESS ADDRESS: 123 Tice Boulevard, Suite 250, Woodcliff Lake, NJ 07677.
PHONE: (201) 573-8788.
SURETY LICENSES c,f/: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, GU, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MP, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, VI, WA, WV, WI, WY.
INCORPORATED IN: Pennsylvania.
For more info about surety underwriting limitations read Circular 570 published by the U.S. Department of the Treasury.
