Argo Surety specializes in supporting bonds for commercial surety clients, offering competitive rates, quick responses and a thoughtful underwriting approach to the surety need. Argo Surety has capacity to support up to $300 million for qualifying customers. Its underwriting approach is tailored for each need, with consideration of the individual risk profile and bonded obligation.
Coverage Highlights
Coverage available
Contract bonds:
- Bid
- Supply/supply and install
- Performance and payment
- Maintenance
- Litigation
License and permit bonds:
- Customs
- Road use
- Tax
- Reclamation/closure
- Plugging and abandonment
Court bonds:
- Appeal
- Trustee
- Attachment/injunction
- Replevin
Miscellaneous bonds:
- Customs
- Lost instrument
- Workers’ comp
- Lease
Coverage Amounts
Minimum bond premium
Minimum premiums:
- $100/bond
- $25,000 per account
Coverage Limits
Bond program capacity*:
- $100 million single
- $300 million aggregate
*Net of collateral
Appetite & Availability
Targeted classes
Include:
- Service contractors
- Transportation
- Manufacturing
- Coal/mining
- Energy/oil and gas
- Industrial equipment
- Waste services
- Technology
- Retail
- Insurance/financial services
- Public utilities
- Healthcare
- Home builders
Geographic availability
All 50 states and territories