Small enough to know you, large enough to serve you.
Photo by Keith Hall Photography, Elkin, NC.


Bonds Quote Forms

Looking for coverage? Click any of the following links to submit a quote for quick, accurate and affordable rates.

Bonds Information

SB&T Insurance specializes in various types of bonds.

Some bonds we handle include, but are not limited to, the following:

Contract Performance Bonds

Performance bonds guarantee that a contractor will complete construction projects according to the contractual terms. If the contractor fails to meet its contractual obligations, the project developer can make a claim on the bond to access funds to pay another contractor to finish the job.

Bid Bonds

These bonds reassure project developers that contractors are submitting serious bid proposals and have the financial credentials necessary to accept the job. If a bid is selected and the contractor declines the job or retracts the bid, the project developer can make a claim on the bond to collect the difference between the original bid and the next highest bid.

License and Permit Bonds

Contractors are generally required to obtain a license bond before they receive a license. This bond guarantees that the contractor will comply with applicable laws or regulations.

A permit bond provides indemnity guarantees to third parties who sustain injury or damage resulting from the bond holder’s activities, as described in the permit. For example, a business that hangs a sign over a public sidewalk may be required to provide indemnity guarantees for injuries to pedestrians.

Maintenance Bonds

These bonds provide protection against defective materials and/or workmanship following a project's completion. If defects are found after completion, the bond amount can be used to pay for needed repairs.

Payment Bonds

Payment bonds guarantee payment to subcontractors for work on a project. The bond amount can be used to reimburse the subcontractors if the lead contractor is unable to pay them.

Supply Bonds

Supply bonds require suppliers to provide materials, equipment and supplies as defined in purchase orders. If the supplier fails to provide the materials as agreed, the bond amount can be used to reimburse the purchaser for the resulting loss.

Site Improvement Bonds

These bonds guarantee the completion of certain renovations and/or improvements made to projects, properties, or structures.


Contact us today for answers to any questions you have about bond insurance. 


Fill out the form below to get started with an insurance quote