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  1. Harley
    Harley is offline Member
    Join Date
    Oct 2006
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    59

    Subdivision Bonds

    Do all sureties write subdivision bonds?
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  2. marietta68
    marietta68 is offline Surety Professional
    Join Date
    Jul 2007
    Posts
    112

    Quote Originally Posted by Harley
    Do all sureties write subdivision bonds?
    No. They're considered a hazardous obligation and even the strongest financially sound developers can find it difficult to keep underwriters happy.
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  3. Admin
    Admin is offline Administrator
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    Jan 2005
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    755

    Very true. Most carriers have strict terms for this class of business. Fortunately, our agency has several subdivision firendly carriers that will approve the bonds with excellent rates and terms.

    You can apply at: Subdivision & Site Improvement Bond Applications
    Surety Bond Articles
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