Surety

3 things to know about contractor prequalification for surety

November 19, 2025 UFG Insurance Surety Read Time: 1 min

Interested in landing more jobs? We’ve outlined three things to know about contractor prequalification for surety bonds and the advantage it provides.

Credit-based surety bond programs explained

August 28, 2025 UFG Insurance Surety Read Time: 2 min

How can a small or newly formed contractor obtain a surety bond? Credit-based surety bond underwriting programs could be the answer.

How timely financial statements can help contractors maintain surety bond capacity

April 3, 2025 UFG Insurance Surety Read Time: 3 min

Insurance agents can help contractor clients provide timely year-end financial statements to keep the pipeline of surety capacity flowing. Find out how.

2 best bits of surety advice for how to write a business plan

November 12, 2024 UFG Insurance Surety Read Time: 4 min

From a construction company’s first day to transferring ownership at retirement, here’s surety advice to help you write a well-rounded business plan.

3 agent strategies for navigating surety appetite

August 14, 2024 UFG Insurance Surety Read Time: 3 min

Surety agents can benefit from knowing their sureties’ evolving appetite. Here are three strategies to help you navigate those changing risks.

The difference between bid bonds and payment bonds

May 23, 2024 UFG Insurance Surety Read Time: 5 min

From whom they protect, to bond claims and general cost, there’s a difference between bid bonds and payment bonds. Here’s what you need to know.

3 Steps to help an insurance agency start writing surety bonds

May 10, 2024 UFG Insurance Surety Read Time: 4 min

Thinking about adding surety to the book of business at your insurance agency? Here are three steps to help you start writing surety bonds.

7 surety bonding habits of successful contractors

August 14, 2023 UFG Insurance Surety Read Time: 4 min

Reliable surety bonding is key for successful contractors, and the best work hard to build a trustworthy company that’s appealing to surety agents and underwriters. Here are seven tips you can implement now for better bonding.

The top 5 reasons for contract failure

August 14, 2023 UFG Insurance Surety Read Time: 5 min

Surety bond claims and contract failure typically stem from five (preventable) problems. Here’s how your surety agent can help you navigate these risks.

The new stresses causing contractor failure

August 14, 2023 UFG Insurance Surety Read Time: 5 min

Contractors today are facing a variety of new headwinds that can all lead to contractor failure. Here are what they look like and how a surety agent can help.

UFG Surety Marketing Manager Ky Saylor, speaking with client

How much does a surety bond cost? Q&A with UFG Surety’s Kyanna Saylor, AFSB

April 11, 2023 UFG Insurance Surety Read Time: 3 min

We sat down with Ky to discuss the all-important question: How much does a surety bond cost?

Surety bonds vs contractor insurance: What is the difference?

February 2, 2023 UFG Insurance Surety Read Time: 3 min

If you're wondering whether you need surety bonds or contractor insurance for your growing business, the answer is likely both! Learn more about these two common coverage tools in the contracting industry.

Surety

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