Founded in 1987, The Service Insurance Company, Inc. (NAIC #28240, AM Best #10631) is a privately-owned New Jersey-domiciled insurance company specializing in underwriting contractor bid bonds, contractor performance bonds, contractor performance and payment bonds, maintenance bonds, license bonds, estate bonds, probate bonds, and other court surety bonds along with developer sub division bonds.
The Service Insurance Company is currently licensed to write surety bonds in CT, GA, KY, MD, MA, MS, MT, NH, NJ, NY, PA, RI, TN, WV and DBA Service Guarantee and Surety and licensed to write surety bonds in AL, DE, FL, NC, SC, VA and the District of Columbia.
The Service Insurance Company offers online surety bond options and has offices in Melville NY and West Orange NJ.
We have built our reputation on providing superior, customized surety bond solutions for bonding businesses, contractors, service providers and individuals based on each client’s unique surety bond needs.
A.M. Best has awarded The Service Insurance Company a financial strength rating of A (Excellent). Because of Service’s management structure and philosophy of providing superior customized surety solutions while maintaining tight controls in the underwriting and financial processes, we have outperformed our peers on most of the financial metrics established by A.M. Best. In affirming Service’s rating, A.M. Best lauded Service, reporting that its financial strength rating reflects Service’s “excellent risk-adjusted capitalization, operating profitability and liquidity.”
Treasury Listed & Approved
The Service Insurance Company, Inc holds a certificate of authority with the United States Department of the Treasury and is approved to write performance and payment bonds for federal projects.
Small Business Administration (SBA) Approved
The Service Insurance Company, Inc is a participating surety company in the Small Business Administration Bond Guarantee Program. This is an easy way to get bonding on smaller contracts if you have limited financials or no financials but can demonstrate you have experience and a great track record and have acceptable but maybe not perfect personal credit. We can provide surety bonds even if your personal credit is not perfect.
States We Are Licensed to Write Bonds in
District of Columbia