What is a Surety Bond?
A Surety Bond is an agreement in which one party, “a Surety”, guarantees another party’s, “the Principal’s”, performance or obligation to a third party, “the Obligee”, by issuing a surety bond.
Providing our clients personal service and a customized approach to underwriting for over thirty years.
Why Choose The Service Insurance Company Inc.?
Service’s Exceptional Customer Service
For over 30 years, Service has been dedicated to providing customized surety solutions and exceptional customer service to small, mid-sized, and emerging businesses. Because Service is privately owned and operated, our clients have direct access to the decision makers who will respond to surety bond requests immediately, without the bureaucracy and multiple approval authorities required by most large surety companies.
Our Underwriting Philosophy
Service often considers more than just financial statements and credit scores when making underwriting decisions. Service’s philosophy of flexibility and responsiveness in our underwriting has led to strong long-term relationships with our clients. As a result, we continue to “grow with our clients” allowing larger bonding lines beyond the initial bonding request! The Service Insurance Company has an A rating with A.M. Best and is Treasury listed.