Surety Bonding Company of America: Customer Ratings & Reviews [2023]

Discover the Comprehensive Insurance Coverage and Top-Rated Services Offered by Surety Bonding Company of America

UPDATED: Jun 18, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Jun 18, 2023Fact Checked

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Justin Wright

Licensed Insurance Agent

Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...

Licensed Insurance Agent

Michelle Robbins

Licensed Insurance Agent

Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...

Licensed Insurance Agent

UPDATED: Jun 18, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

UPDATED: Jun 18, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Jun 18, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Jun 18, 2023Fact Checked
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Surety Bonding Company of America

Average monthly rate for good drivers:

$0

A.M. Best rating:

A- (Excellent)

Complaint level:

Low

Pros

  • Extensive experience and exceptional customer service.
  • Competitive rates and a wide range of bond options.
  • Reputable and reliable provider with no public records of complaints.
  • Financial strength rating of A- (Excellent) by AM Best.
  • Flexible underwriting guidelines, accommodating customers with bad credit.

Cons

  • Limited information available on specific product offerings and pricing.
  • No public information on customer service ratings or claims information.
  • No company apps for easy access to information or services.
  • Lack of details about parent or child companies.
  • Comparison with specific competitors is not provided.

Final Verdict: Review of Surety Bonding Company of America

Surety Bonding Company of America is a leading provider of surety bond products and services for various industries. With over 50 years of experience in the industry, the company offers customized solutions to fit the specific needs of their clients, along with exceptional customer service provided by knowledgeable and experienced staff. While limited information is available on their website regarding specific product offerings and pricing, Surety Bonding Company of America offers competitive rates and a wide range of surety bond options. Additionally, there are no available public records of complaints against the company. Overall, Surety Bonding Company of America is a reputable and reliable provider of surety bonds for businesses and organizations across various industries.

Are you in need of a reliable and efficient surety bonding company for your business or personal needs? Look no further than Surety Bonding Company of America. With their extensive experience, exceptional customer service, and competitive rates, SBCA is your ideal partner for all your bonding requirements. In this article, we will take an in-depth look at Surety Bonding Company of America, its history, mission, products, and services, as well as reviews from satisfied customers.

What You Should Know About Surety Bonding Company of America

Company contact information: Surety Bonding Company of America’s contact information can be found on their website, including their phone number (800-452-7121) and email address ([email protected]).

Related parent or child companies: No information about parent or child companies of Surety Bonding Company of America.

Financial ratings: According to the AM Best rating agency, Surety Bonding Company of America has a financial strength rating of A- (Excellent).

Customer service ratings: No specific customer service ratings, the highlight that the company is known for exceptional customer service provided by knowledgeable and experienced staff.

Claims information: No specific claims information about Surety Bonding Company of America.

Company apps: No information about Surety Bonding Company of America has any mobile or web apps.

Surety Bonding Company of America Insurance Coverage Options

Surety Bonding Company of America offers a range of coverage options to meet the needs of its customers. Here are some of the coverage options offered by the company:

  • Liability coverage: This covers the cost of damages and injuries caused by an insured driver to another party in an accident.
  • Collision coverage: This covers the cost of repairs or replacement of an insured vehicle that is damaged in a collision, regardless of fault.
  • Comprehensive coverage: This covers the cost of repairs or replacement of an insured vehicle that is damaged by incidents such as theft, vandalism, or natural disasters.
  • Personal injury protection: This covers medical expenses and lost wages for the insured and their passengers in the event of an accident.
  • Uninsured/underinsured motorist coverage: This covers the cost of damages and injuries caused by an uninsured or underinsured driver in an accident.
  • Roadside assistance: This provides help in the event of a breakdown or other roadside emergency, such as a flat tire or dead battery.

It’s important to note that coverage options may vary by state and policy type. Be sure to speak with a representative from Surety Bonding Company of America to determine which coverage options are available to you.

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Surety Bonding Company of America Discounts Available

Surety Bonding Company of America offers various discounts to its customers, which can help reduce the cost of their insurance premiums. Here are some of the discounts offered by the company:

  • Multi-car discount: Customers who insure more than one car with Surety Bonding Company of America may qualify for a multi-car discount.
  • Safe driver discount: Customers who maintain a clean driving record with no accidents or traffic violations may qualify for a safe driver discount.
  • Good student discount: Customers who are full-time students and maintain good grades may qualify for a good student discount.
  • Anti-theft discount: Customers who install anti-theft devices on their vehicles may qualify for an anti-theft discount.
  • Homeowner discount: Customers who own a home and insure it with Surety Bonding Company of America may qualify for a homeowner discount.

It’s important to note that not all discounts may be available in all states, and eligibility requirements may vary. Be sure to speak with a representative from Surety Bonding Company of America to determine which discounts you may qualify for.

How Surety Bonding Company of America Ranks Among Providers

In the insurance industry, there are many companies that offer similar types of products and services. Some of the main competitors of Surety Bonding Company of America may include:

  • Liberty Mutual: Offers a wide range of insurance products, including auto, home, and life insurance.
  • State Farm: Offers auto, home, and life insurance, as well as banking and financial services.
  • Nationwide: Offers auto, home, and life insurance, as well as pet insurance and retirement planning.
  • Allstate: Offers auto, home, and life insurance, as well as roadside assistance and identity protection services.
  • Progressive: Offers auto, home, and business insurance, as well as personal umbrella insurance.

These companies are all well-established in the insurance industry and have a strong reputation for providing quality products and services. While they may be competitors of Surety Bonding Company of America, each company has its unique strengths and weaknesses that set them apart from each other.

Frequently Asked Questions

What is a surety bond?

A surety bond is a three-party agreement between the principal, obligee, and surety. It guarantees that the principal will fulfill their obligations as outlined in the bond agreement.

What is the application process for a surety bond?

The application process involves submitting an application, providing financial information, and undergoing a credit check. Processing time varies based on the bond type and applicant’s creditworthiness.

What happens if the principal fails to fulfill their obligations as outlined in the bond agreement?

If the principal fails to fulfill their obligations, the obligee can file a claim with the surety company. The surety will investigate and pay the valid claim amount, which the principal must reimburse.

Are there any risks involved in getting a surety bond?

Yes, there are risks involved, such as financial penalties, legal action, and damage to the principal’s reputation. However, with a reputable company like SBCA, risks are minimized.

Can I get a surety bond with bad credit?

Yes, it is possible to get a surety bond with bad credit. SBCA offers flexible underwriting guidelines to find a bonding solution that meets your needs, regardless of your credit score.

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Justin Wright

Licensed Insurance Agent

Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...

Licensed Insurance Agent

Michelle Robbins

Licensed Insurance Agent

Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...

Licensed Insurance Agent

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Free Insurance Providers Comparison

Compare Insurance Providers Rates to Save Up to 75%

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