Chubb Surety - Construction Surety
Surety

Chubb’s long history and deep understanding of the construction industry allow us to offer a superior combination of products and services.  We have the capacity and global reach to support the largest contractors and the local knowledge and resources to provide the middle-market with an outstanding combination of products and expertise.  Here are some of the types of bonds we offer:

Performance Bonds: Bonds that assure that a contract will be performed according to its terms and specifications. In the event a contractor defaults, these bonds generally obligate the surety to either finance the contractor, undertake the completion of the project, tender a new contractor to the owner or pay the bond penalty.

Payment Bonds: Bonds that assure a contractor will make appropriate, prompt and full payments for labor and material consumed on a project.

Maintenance Bonds: Bonds that assure a project will remain free of defects in workmanship or materials for a specific period of time.

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