Surety Bonds
Nuts & Bolts: Arrowhead General Insurance Agency, through its Commercial Division has launched a new surety bond program for California producers. The program features competitive rates for a wide range of contract and commercial surety classes. Target categories are contractor accounts including: subcontractors, specialty and service contractors, small general building and general engineering contractors. Additional surety bond products for small businesses include license and permit bonds and miscellaneous bonds, along with helping with small subdivision bonds.
Dollars: Limits up to $3,000,000 for single bonds and $6,000,000 aggregate, treasury listed at $3,246,000.
Carrier: Lincoln General Insurance Company. Rated “A-VII.”
States Available: California.
Contact: Ron Ballard, (619) 744-5034