Construction Surety Bonds

Delivering superior service and expertise to contractors for their surety bond needs.

Construction Surety at Chubb

The company of choice for contractors

Chubb has been a leader in the construction surety industry for over 140 years. Supported by exceptional financial strength and a highly experienced and knowledgeable team of underwriters, Chubb provides some of the largest surety capacity limits in the industry. Chubb is the company of choice for contractors who value stable and dependable surety capacity.

Over 30%

of ENR's Top 100 Contractors are Chubb Surety clients*

Over 75%

of Chubb’s construction surety relationships span at least 10 years with Chubb Surety

25 years

average tenure on our surety senior leadership team

5th largest

surety provider in the U.S.**

Specialty Areas

Chubb Surety partners with contractors who:

Demonstrate integrity and have a track record of profitable operating results
Possess adequate working capital and liquidity
Have excellent relationships with quality business partners, such as subcontractors, suppliers, architects, engineers, and lenders

Present a plan and vision for the present and future that demonstrates an understanding of the market
Are a mid to large-sized organization

PRODUCTS & SERVICES

Bid bonds

A bid bond guarantees that a contractor bidding on a contract will execute the contract under the terms on which it bid and provide any required performance bond and/or payment bond if awarded the contract.

Performance bonds

A performance bond protects a project owner from financial losses by guaranteeing that a contractor will fulfill its obligations under the underlying bonded contract according to its terms and conditions.

Payment bonds

A payment bond assures that a contractor will pay any laborers, material suppliers, and subcontractors who supplied labor or materials to the contractor under the bonded contract in accordance with the terms of the payment bond.

Maintenance bonds

A maintenance bond ensures that a contractor's work will be of sufficient quality to meet the standards of the underlying bonded contract and free from defects during a specified period of time.

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Why Chubb

We're committed to your success

Do you want a surety provider that has an unwavering commitment to your success, deep understanding of your company, superior service, and expertise that is available when you need it? Then you want Chubb. Our knowledge, resources, and global presence enable us to provide you with a broad range of outstanding products and expertise.

At Chubb Surety we:

Build a trusting, close, and reliable relationship with your management team.
Customize surety products and solutions to fit your business plan and needs.
Are backed by exceptional financial strength and stability.

Provide qualifying customers with the surety bonding capacity needed to support virtually any size project.
Have seasoned underwriters whose expertise can enhance your business.
Are supported by a strong network of local branches throughout the world.