Baty and Associates provides contract surety bonds for general, highway/heavy, trade and specialty contractors of all sizes. Our history of financial strength and experience combined with consistent and flexible underwriting makes us a perfect business partner for you now, and into the future.
With a broad base of contractors – all types and sizes – our underwriters have the expertise and perspective to help your business grow. As your business grows, we can meet those needs and continue to provide a stable surety relationship.
Our commitment to contractors of all sizes offers you the comfort of a solid partnership that you can depend on down the road.
Performance & Payment Bonds
The performance bond protects the owner from financial loss should the contractor fail to perform the contract in accordance with its terms and conditions. The payment bond assures that the contractor will pay specified subcontractors, laborers, and material suppliers on the project.
The bid bond assures that the bid has been submitted in good faith and that the contractor will enter into the contract at the price bid and provide the required performance and payment bonds.
Customized construction coverage.
Our underwriting specialists customize insurance solutions for midsize to large commercial construction projects. From highways and bridges to sports stadiums and hospitals, we have partnered with America’s leading contractors to offer customized insurance solutions and an unwavering commitment to construction businesses. We recently expanded our offerings to include many more business types within the construction industry across an even wider geographic footprint:
- Monoline Coverage Plans
- Multi-line Coverage Plans
- Wrap-up Programs
- Specialized Liability Coverage
- Insurance Professionals Who Specialize in Construction
- Complete Transparency on Collateral
- A Portfolio of Rating Plans
Additional Solutions for Construction Businesses
- Claims Services
- Risk Engineering Services
- Marine Coverages
Today we tell our clients like we have told our family “What you do today dictates who you are tomorrow and what you do in your business today dictates what you pay tomorrow” at Baty and Associates we provide the tools that support the risk.