Koosh Insurance · Business & Industry
Surety Bonds
The performance bond your contract requires before you can break ground. The license bond your state demands for renewal. The court bond you need by Friday or you lose the case. Surety bonds aren't insurance — they're a three-party guarantee — but they sit in the same place in your business: required by law, by contract, or by counterparty, and unavailable to you without the right relationship.
Coverage
What this coverage includes
- Performance bonds — guaranteeing completion of contracted work
- Payment bonds — guaranteeing payment to subcontractors and material suppliers
- Bid bonds — guaranteeing the bidder will honor the bid and execute the contract if awarded
- License and permit bonds — required by state and local authorities for many regulated businesses
- Court bonds — appeal bonds, attachment bonds, supersedeas bonds, and other litigation-related instruments
- Fiduciary bonds — for trustees, executors, guardians, and other court-appointed roles
- Commercial surety — public official bonds, ERISA bonds, customs bonds, freight broker bonds (BMC-84 or BMC-85 trust fund alternative), and many others
- Subdivision and site improvement bonds for development obligations to municipalities
Who Buys This
Who typically buys this coverage
- General contractors bidding public works and large private projects
- Subcontractors required to bond back to the GC or owner
- Specialty contractors in trades requiring license bonds
- Service businesses in regulated industries — auto dealers, mortgage brokers, freight brokers, talent agencies
- Real estate developers needing subdivision and site improvement bonds
- Plaintiffs and defendants needing court bonds during litigation
- Trustees, executors, and guardians under court appointment
- Importers and customs brokers needing customs bonds
Why Koosh
Why Koosh Insurance
Surety isn't insurance, and it isn't a transactional product. It's a relationship business — surety capacity is built over years across multiple bonds and reviewed continuously. We work with surety markets that match the size and complexity of the contractors and businesses we serve. Capacity isn't bought, it's built. The first bond is the easiest one to underwrite — and the foundation for everything that comes after.
Relationship-driven capacity — surety credit is built incrementally; we structure to grow capacity as the business grows.
Construction surety — bid, performance, and payment bonds for contractors of every size.
Commercial surety — license, permit, court, fiduciary, and the long tail of regulated-business bonds.
Bond claim positioning — when a claim happens, we work with the surety on resolution to protect future capacity.
Speed when speed matters — court bonds, license renewals, and bid deadlines don't flex.
Coordination with insurance — surety credit is influenced by the commercial insurance program; we structure both together.
FAQ
Frequently asked questions
This page provides general information about Surety Bonds insurance and is not a substitute for tailored advice from a licensed insurance broker. Coverage availability, terms, exclusions, and pricing depend on your specific business operations, location, claims history, and carrier underwriting. Contact a Koosh Insurance broker for a personalized consultation. Koosh Insurance — License #L135215.
Get a quote for Surety Bonds
Talk to a licensed Koosh broker. We'll review your specific situation, source quotes from appropriate carriers, and walk you through the coverage that actually fits your business.