AmTrust Surety Bonds & Products

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AmTrust Surety FAQs

What is a surety bond?

A surety bond is a three-party agreement that guarantees one party (the principal) will fulfill its obligations to another party (the obligee). If the principal fails to perform, the surety company (such as AmTrust) steps in to ensure the obligation is met or compensates the obligee for losses.

What types of surety bonds does AmTrust offer?

AmTrust Surety offers a comprehensive lineup including contract bonds (bid bonds, performance bonds, payment bonds), subdivision bonds for homebuilders and land developers, and commercial bonds (code compliant license and permit surety bonds, public official bonds, and more). AmTrust serves contractors, developers, other business entities, and individuals nationwide.

What is the difference between contract bonds and commercial bonds?

Contract bonds guarantee the performance of a specific construction contract — including bid bonds, performance bonds, and payment bonds. Commercial bonds guarantee compliance with laws, regulations, or other non-construction obligations, such as code compliant license and permit surety bonds and public official bonds.

Who needs a surety bond?

Contractors bidding on public or private construction projects typically need contract bonds. Businesses may need commercial bonds to obtain licenses, permits, or to meet regulatory requirements. Court-appointed fiduciaries, notaries public, and other professionals may also require surety bonds.

What is the difference between a surety bond and insurance?

While both involve a guarantee, surety bonds protect the obligee (the party requiring the bond), not the principal (the bonded party). If a claim is paid, the principal is expected to reimburse the surety. Insurance, by contrast, protects the policyholder from covered losses without an obligation to repay.

What size contractors does AmTrust Surety work with?

AmTrust Surety works with contractors of all sizes, from small local firms and middle market contractors to the largest national home builders. Offices are staffed with experienced professionals committed to meeting the expectations of agents and their contractor clients.

How do I get a surety bond from AmTrust?

Contact an AmTrust-appointed surety agent or broker to begin the bonding process. AmTrust Surety provides a streamlined process overview at amtrustfinancial.com/insurance-products/surety/overview to help you understand the steps involved.

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Specialty Business

Nonstandard contract bonds supported by:
- Fund administration
- Collateral of various types
Additional Features
- Most all legal forms and indemnity agreements can be executed using DocuSign
- Competitive bond rates
- Competitive commissions paid on all lines of Surety business
- Rapid response from highly trained professional Surety underwriters
- Superior service and Claims handling
- All carriers are rated A- (Excellent) by AM Best

AmTrust Surety

About AmTrust Surety

Preferred Exposures

Contract Bonds

Subdivision Bonds

Commercial Bonds

Bond Verification

AmTrust Surety FAQs

Specialty Business

Additional Features

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