Business Details
39 Years
experience
Custom Surety Bond Solutions Since 1987
Founded in 1987, The Service Insurance Company has established itself as a trusted provider of customized surety bond solutions. Our privately-owned structure allows direct access to decision-makers, ensuring prompt responses to bonding requests without bureaucratic delays. With an A (Excellent) financial strength rating from A.M. Best, we maintain exceptional risk-adjusted capitalization and operating profitability. Our underwriting approach considers factors beyond credit scores, including management experience and project complexity, enabling us to grow with clients and expand bonding lines.As a Treasury-listed insurer and SBA Bond Guarantee Program participant, we serve contractors, developers, and businesses across 21 states with tailored bonding solutions for federal projects, court obligations, and commercial needs.
Services
Bid Bonds
Performance Bonds
Court Bonds
License Bonds
Subdivision Bonds
Maintenance Bonds
Payment Bonds
Probate Bonds
Details
- Year established: 1987
Highlights and features
- 35+ years of specialized surety bond experience
- Direct access to decision-makers with no bureaucratic delays
- Flexible underwriting considering project complexity and management experience
- A (Excellent) financial strength rating from A.M. Best
- Participating SBA Bond Guarantee Program provider
Associations and certifications
- A.M. Best
- United States Department of the Treasury
Services
Bid Bonds
Bid bonds ensure contractors will execute a contract at the bid price. We provide these bonds to guarantee good faith participation in bidding processes. Our customized underwriting helps contractors secure project opportunities while maintaining financial security for all parties involved.
Performance Bonds
Performance bonds guarantee contractual obligations will be met according to agreed specifications. Our bonds protect project owners against contractor default while allowing contractors to demonstrate reliability. We evaluate each project's unique requirements to provide appropriate coverage amounts and terms.
Court Bonds
Court bonds ensure proper execution of legal obligations in judicial proceedings. We offer administrator bonds, appeal bonds, and injunction bonds with flexible terms. Our specialized underwriting considers case specifics to provide appropriate financial guarantees for various court requirements.
License Bonds
License bonds guarantee compliance with industry regulations for business licensing. We provide these bonds for contractors, dealerships, and service providers across multiple industries. Our solutions help businesses meet licensing requirements while protecting public interests through financial accountability.
Subdivision Bonds
Subdivision bonds guarantee completion of infrastructure improvements in residential and commercial developments. We offer these bonds for site plan approvals and land development projects. Our underwriting considers project scope, location, and developer experience to provide appropriate financial assurances for municipal requirements.
Questions
What types of surety bonds do you offer?
We provide bid bonds, performance bonds, payment bonds, court bonds, license bonds, subdivision bonds, maintenance bonds, and probate bonds for contractors and businesses.
In which states are your bonds available?
Our bonds are available in 21 states including NJ, NY, FL, TX, CA, PA, IL, and DC through our Service Guarantee and Surety DBA.
Can I get bonded with less-than-perfect credit?
Yes, our flexible underwriting considers factors beyond credit scores, including management experience and project history to accommodate various financial situations.
How quickly can I get a bond?
Our streamlined process allows most bonds to be issued within 1 business day through our online portal with direct access to decision-makers.
Are you approved for federal projects?
Yes, we're Treasury-listed and approved to write performance and payment bonds for federal government projects nationwide.
Do you work with small businesses?
Absolutely, we specialize in serving small contractors through the SBA Bond Guarantee Program with tailored solutions for limited financial backgrounds.
