Surety bonds from a trusted company
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Surety

Surety bonds

Surety bonds provide a financial guarantee that your business will perform contractual obligations or comply with regulations, and are often needed to run your business.

The Hanover has been in the Surety bonds business since 1907, and is a financially strong company with an “A” rating by A.M. Best and a Group Treasury listing of $181.3 million.¹ We also have a dedicated claims department specializing in handling Surety claims. We offer the ability and expertise to help you secure the right protection for your business.

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Contract surety bonds

Contract surety bonds

Contract surety bonds are a common requirement in the construction business, and may be required for your company to bid for or complete projects. We offer bid, payment, performance, supply and maintenance bonds for construction projects up to $75 million for the following types of contractors:

  • General contractors
  • Construction managers
  • Prime electrical
  • Prime mechanical
  • Highway and bridge
  • Paving
  • Sewer and water
  • Emerging contractors
  • Specialty trades

Commercial surety bonds

Commercial surety bonds

Commercial surety bonds may be required by local and state law to comply with state or federal regulations. We offer a variety of bonds to individuals, small businesses and Fortune 2000® companies up to $100 million:

  • Performance bonds (non-construction or supply)
  • Certificate of title bonds
  • Court bonds—judicial
  • Court bonds—fiduciary
  • Custom bonds
  • Depository bonds
  • Public official bonds (tax collectors, treasurers, notary)
  • License and permit bonds
  • Lost instrument bonds
  • Medicare DMEPOS bonds
  • Tax bonds (motor fuel, alcohol, tobacco)
  • Patient trust fund bonds
  • Professional school bonds
  • Workers’ compensation self-insured bonds

Contract surety bonds

Contract surety bonds

Contract surety bonds are a common requirement in the construction business, and may be required for your company to bid for or complete projects. We offer bid, payment, performance, supply and maintenance bonds for construction projects up to $75 million for the following types of contractors:

  • General contractors
  • Construction managers
  • Prime electrical
  • Prime mechanical
  • Highway and bridge
  • Paving
  • Sewer and water
  • Emerging contractors
  • Specialty trades

Commercial surety bonds

Commercial surety bonds

Commercial surety bonds may be required by local and state law to comply with state or federal regulations. We offer a variety of bonds to individuals, small businesses and Fortune 2000® companies up to $100 million:

  • Performance bonds (non-construction or supply)
  • Certificate of title bonds
  • Court bonds—judicial
  • Court bonds—fiduciary
  • Custom bonds
  • Depository bonds
  • Public official bonds (tax collectors, treasurers, notary)
  • License and permit bonds
  • Lost instrument bonds
  • Medicare DMEPOS bonds
  • Tax bonds (motor fuel, alcohol, tobacco)
  • Patient trust fund bonds
  • Professional school bonds
  • Workers’ compensation self-insured bonds

Bundled account solutions offer more value

When you purchase multiple commercial policies from The Hanover through your local independent agent, you will enjoy the convenience of one contact for all your insurance needs – including customer service, insurance billing, renewals and claims.

Professional liability

Professional liability

Help protect against lawsuits related to your products or services.

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Automobile

Automobile

Help protect your fleet and commercial vehicles with flexible solutions.

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Workers' compensation

Workers' compensation

Provide your employees a financial safety net for work-related accidents or illnesses.

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Umbrella

Umbrella

 Extend your general liability limits for additional peace of mind.

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Valuable services for policyholders

Our underwriting, claims, and risk management professionals have many years of experience providing valuable services for policyholders.

Risk Solutions

Risk Solutions

The Hanover offers a variety of tools and resources, as well as the services of a network of preferred service providers, to help you mitigate the risks faced by businesses.

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Claims

Claims

Our industry-leading claim services and 24/7 reporting help you get back to business quickly. If you ever need to make a claim, you'll be glad you have The Hanover.

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Featured resources

Get safety and insurance articles, videos, infographics and more to help keep your business and property safe, and guide you through the insurance-buying process.

Rely on our surety bond expertise

Get a surety bond quote today. Contact your Hanover agent today for a quote and to learn more about our surety bond offerings.

 

¹ U.S. Department of the Treasury Surety Bond Listing of Certified Companies