Surety bonds from a trusted company
Rely on our surety bond expertise
Get a Surety Bond quote today. Contact your Hanover agent today for a quote and to learn more about our surety bond offerings.
Surety bonds provide a financial guarantee that your business will perform contractual obligations or comply with regulations, and are often needed to run your business.
The Hanover has been in the Surety bonds business since 1907, and is a financially strong company with an “A” rating by A.M. Best and a Group Treasury listing of $181.3 million.¹ We also have a dedicated claims department specializing in handling Surety claims. We offer the ability and expertise to help you secure the right protection for your business.
Contract surety bonds
Contract surety bonds are a common requirement in the construction business, and may be required for your company to bid for or complete projects. We offer bid, payment, performance, supply and maintenance bonds for construction projects up to $75 million for the following types of contractors:
- General Contractors
- Construction Managers
- Prime Electrical
- Prime Mechanical
- Highway and Bridge
- Paving
- Sewer and Water
- Emerging Contractors
- Specialty Trades
Commercial surety bonds
Commercial Surety bonds may be required by local and state law to comply with state or federal regulations. We offer a variety of bonds to individuals, small businesses and Fortune 2000® companies up to $75 million:
- Performance Bonds (Non-Construction or Supply)
- Certificate of Title Bonds
- Court Bonds—Judicial
- Court Bonds—Fiduciary
- Custom Bonds
- Depository Bonds
- Public Official Bonds (Tax Collectors, Treasurers, Notary)
- License and Permit Bonds
- Lost Instrument Bonds
- Medicare DMEPOS Bonds
- Tax Bonds (Motor Fuel, Alcohol, Tobacco)
- Patient Trust Fund Bonds
- Professional School Bonds
- Workers’ Compensation Self-Insured Bonds
- And hundreds more