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Bonds open doors. They let you bid on bigger projects and show owners you'll finish what you start. Top O' Michigan taps a network of more than 20 of the country's top surety markets to find the bond that fits your business — backed by a local agent who knows Michigan contractors.
A surety bond is a three-party promise. You (the contractor) agree to perform the work, the project owner is protected if you don't, and the surety company stands behind that promise. For Michigan contractors, the right bonding program does more than satisfy a requirement — it increases the opportunities to bid on and perform larger work, and it tells owners and general contractors that a financially sound surety has already vetted your business.
Because we're independent, we shop your bonding need across a network of more than 20 of the top surety markets in the country. That access matters most when a bond is large, time-sensitive, or harder to place than the standard contractor program.
This video gives an overview of surety bonds — what they are for, who is involved, and how they are underwritten.
From your first small contract bond to complex programs, we match the bond to the job.
Submitted with your bid to guarantee you'll enter the contract and provide the required bonds if you win.
Guarantee the project owner that the work will be completed per the contract terms.
Assure that subcontractors and suppliers on the project will be paid.
Programs that scale from a single small contract up to large, multi-phase projects.
Required by many Michigan municipalities and licensing boards to do business.
Harder-to-place requests where access to 20+ surety markets makes the difference.
Bonding capacity is a relationship, not a vending machine. We negotiate directly with sureties on your behalf, manage your bonding line as your business grows, and work to improve the capacity available to you so you're ready when the next big bid comes up. When you have a question about a bond form or a deadline, you call a real person Up North — not a national queue.
For many routine license, permit and small contract bonds, you can quote and purchase online in minutes through our bonding portal.
Get a bond onlineBonding and coverage are subject to underwriting and surety approval. No bond is in force until issued and confirmed by an authorized representative. This page is a general overview, not a contract — contact a local Top O' Michigan agent for terms that apply to your project.
A surety bond is a three-party guarantee that you’ll fulfill an obligation — like completing a project or following license rules. If you don’t, the surety can pay the harmed party and you repay the surety. It’s not insurance for you; it protects the project owner or public.
Most often bid bonds (to bid a job), performance bonds (to complete it), and payment bonds (to pay subs and suppliers), plus license and permit bonds. We place both small and large contract bonds.
We submit your information to our surety markets, which review your experience, financials, and credit, then set your bonding capacity. With access to 20+ surety markets, we can find a fit even for harder-to-place requests.
Bond premiums are typically a small percentage of the bond amount, based on the bond type and your qualifications. We shop markets to get competitive terms for you.
Yes. We work on bonding-capacity strategy so you can pursue bigger projects as your business grows. It’s part of being a local agent who knows the work.
Let's get your bonding lined up so you're ready for the next project. Talk with a local Michigan agent today.
