Surety Bonding Insurance

Surety Bond Support From OVD

Surety bonding is a financial instrument utilized by institutions, lenders, and owners to obtain financial protection from default, faulty work, or theft by contractors and companies. Surety bonding is not insurance, but a financial transaction similar to placing credit on individuals and their company ownership. Bonded work carries more risk, therefore there is more importance placed on obtaining bonds.

Security

We have the right carriers, the best underwriters, and are very aggressive with our negotiating leverage in the market. Guaranteed quality and financial protection through every project.

Added Assurance

Businesses survive on trust. Become more competitive by adding a level of assurance to your contracts in the event of a loss.

Underwriters for Your Industry

We align with underwriters in the markets where our clients operate, not just where OVD offices are located. Underwriters in the market understand their unique circumstances for business and are given the ability to know their insureds in person.

Trusted Guidance

OVD is a reliable advisor in providing effective surety bonds for our clients. We leverage the collective experience of our underwriting and brokerage teams to improve surety bonds across a wide range of industries and niches. OVD is here to help you navigate the process and find the right coverage for your specific needs to ensure that your projects are completed with quality and efficiency.”

Utilizing Propeller in Surety Bonds

Propeller will automate the entire surety purchase for instant bond issuing. Note: It is not intended to replace the current carrier relationships for contracting clients. It is an additional tool where our insureds can purchase ERISA, Notary, and Lost Title Bonds.

Meet Our Surety Team

(616) 454-0800
Email

Jonathan Broyles

Producer

Lauren DeWindt

Account Manager

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You show interest in me, my business, and you make sure I’m getting the best value/price. Keep doing this and you will keep me as a customer!

Who Can Benefit from Surety Bonding?

A variety of parties can benefit from surety bonds, including but not limited to: contractors, business owners, individuals, government agencies, or financial institutions. Any party who may need to provide assurance to meet certain standards can benefit from surety bonds.

Summit Series

View Events

March 19, 2021

American Rescue Plan Act Of 2021

Tripp VanderWal speaks on the American Rescue Plan Act of 2021 in this webinar presented by OVD Insurance.

October 6, 2021

Transportation Insurance ’21

In this webinar, presented by OVD Insurance, Josh Stoll, Kate Paciorek, and Matt Fabry speak about leveraging data and regulations.

February 6, 2020

OVD Cyber Security Summit 2020

On February 6th, 2020, OVD Insurance hosted a Cyber Security discussion as part of their ongoing Summit Series, focusing on important topics and trainings essential to the business insurance landscape.