After all, client loyalty is our most valued asset, and the driving force behind our effort is our sincere desire to continue to earn that loyalty on a daily basis. Despite all of the financial information, paperwork, forms and documents, a contractor's relationship with its bonding agent is a close and personal one that must be based upon deep mutual trust and respect. We enjoy many, many such relationships with good clients who have become good friends.

In understanding King Surety, it is necessary to understand just what it is that we “bring to the table” when comparing our services to other surety organizations.  We appreciate this opportunity to explain why we are so confident in our ability to best serve the bonding needs of regional contractors.

The success of a contract bonding relationship is most frequently the result of adequate, free-flowing communication between the Contractor and his Surety Agent. Our service program is built around a formal framework of meetings and consultations designed to maintain the very highest level of bonding preparedness. Confirmed in a formal Service Commitment, we outline the specific manner in which we expect to achieve that goal. 

WHY SHOULD YOU SELECT KING SURETY?

BECAUSE OUR UNDERWRITING APPROACH IS PROACTIVE

Most valued by our clients is our program of consultations during and well prior to the close of their financial year. This enables us to become part of the financial planning process as that process may relate to contract bonding.

We feel it essential that we understand our clients’ year-end planning process and the thinking that leads to that process.  Armed with that knowledge,  we offer input on a “what if” basis.  Certain approaches to tax planning may have a seriously detrimental impact on bonding capacity.  Many times alternative approaches might result in the very same tax benefits without impacting bonding capacity and may even enhance that capacity.  In concert with the contractor’s accounting professionals, we seek out those alternative approaches.  It is difficult if not impossible to make changes after one’s year-end has been finalized and taxes filed.  virtually impossible to make changes after your year-end financial statement has been finalized and issued by your Accountant. While we would never presume to try to tell any client how to conduct its affairs, virtually all of our clients and their Accountants have expressed real appreciation and satisfaction at the manner in which we participate in year-end planning.  In addition, common sense dictates that it is much easier to deal with questions and the acquisition and preparation of necessary year-end data at, rather than three or four months after the close of a contractor’s financial year.  Our approach encourages the timely preparation of underwriting data and enables us to anticipate surety questions while year-end thinking is fresh and information is readily available.  

BECAUSE VIRTUALLY ALL BONDING TRANSACTIONS

CAN BE HANDLED ON LINE

Recognizing the increasing importance and use of the Internet, we are continuously developing new Web related features and services, all designed to make the handling of bond matters easier and more efficient for our contractors.  At present, most bonding transactions can be handled over the Internet.  We make heavy use of EMAIL where appropriate.  At present we are working to improve our web-based services to include client access to their Bond Line of Authority data, surety rates including the ability to determine bond rates for inclusion with bids and even to provide access to their King Surety accounting records.  

BECAUSE OUR PROPOSALS ARE WRITTEN, COMPREHENSIVE

AND EASY TO UNDERSTAND

Our Bonding Proposals are written, formally presented, and very specific with respect to the proposed bonding program.  It provides information on the recommended Surety Company, our service commitment, informational requirements both now and into the future, applicable bonding classifications and bond rates.  Too many of our competitors and even some bonding companies talk in vague terms regarding bonding capacity.  Our commitment is definite and can be relied upon by our contractor clients.

BECAUSE WE REPRESENT ONLY "TOP SHELF" SURETIES

Our principal Surety ranks third in the nation.  In addition, we represent a select group of major Surety companies with which, combined,  we are able to handle a wide variety of contract bonding situations as required by a wide variety of contractors. All are Treasury listed, rated “A” or better by A. M. Best Company and fall within the top twenty bonding companies nationally.  

BECAUSE OUR RATES ARE THE MOST COMPETITIVE AVAILABLE

Our bond rates tend to be among the most competitive – not because we feel it necessary to be “cheap”, but because we believe in being fair to our contractor clients. We fully appreciate the narrowness of construction profit margins and feel it most important to maintain and retain clients through the application of the most competitive available rates. In addition, we have found that the proper classifying of a contractor’s operations tends to reduce overall bond costs    

BECAUSE OUR SERVICE IS SECOND TO NONE

Our physical service, including the actual preparation and issuance of bonds and documents, is without equal.  Internal rules require that every bid bond request be acted upon immediately.  The same applies to performance bonds, Consents of Surety, etc.  Internal rules require that all telephone calls must be returned within three hours.  Our computerized bond preparation system includes nearly 2000 regional bond forms. Our principals and underwriting staff are always available through a state-of-the-art telephone system that can reach us anywhere, any time.   

BECAUSE OF OUR EXPERIENCED STAFF OF BONDING PROFESSIONALS

As mentioned above, our current underwriting staff has nearly sixty years of contract bonding experience.  Our underwriting skills are considered by many to be the best in the business.  In this connection, we are very proud of the fact that a great many of our referrals come from Accountants and Attorneys who specialize in the construction industry and who appreciate our very high level of professional bonding expertise .  Finally, what makes it all work is our support staff of bonding professionals. It is their expertise, responsiveness, innovation and dedication to the needs of our clients that separates King Surety from its competitors. Their sole professional purpose is to provide our contractor clients with needed bonds in a quick, accurate, efficient, "hassle free" and timely manner. They are simply the best in the industry.  After considering the above we hope that you will recognize our unique achievements in developing and providing the finest in professional surety bond services.  You are invited to learn more about King Surety and to confidentially discuss your bonding needs. 

HOW CAN YOUR FIRM TAKE ADVANTAGE OF THIS PROGRAM? 

IT ONLY TAKES A PHONE CALL!

Or you may email us today by using the link at the left of the screen.