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A surety bond is a three-party written agreement by which one party (the surety) guarantees another party (the obligee) that a third party (the principal) will perform according to the bond, statute, contract or other obligation.
Merchants Bonding Company’s Claims Department is dedicated to serving you throughout the claims process. We pride ourselves on our common sense and proactive approach to handling claims.
For more than 80 years, Merchants Bonding Company has honed its expertise in providing contract and commercial surety bonds, offering first-class service and a common sense underwriting approach.
Merchants Bonding Company has a stable business philosophy, a family work environment and a focus on making a difference in the community. Our tradition is to work hard, provide service that is second-to-none and demonstrate to our employees that we value their efforts.
Merchants Bonding Company is headquartered in West Des Moines, Iowa, with branch offices located throughout the United States to best serve our surety partners and clients.
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The Merchants Bonding Company™ Foundation is proud to announce its support of an initiative that will change the face of our community, with a pledge of $100,000 to the… read more
Merchants Bonding Company President Larry Taylor was recently elected to serve as President of the Surety & Fidelity Association of America (SFAA) Foundation. The… read more
AM Best News Release Announces Merchants Bonding Company’s Long-Term Issuer Credit Rating (ICR) outlook up from stable to positive. … read more
The Infrastructure Investment and Jobs Act should positively impact a contractors’ ability to obtain surety bonding in 2022. The $1.2 trillion deal will lay the foundation… read more
Exempting the Miller Act from periodic indexing for inflation means the surety bond protection for subcontractors and suppliers on federal contracts worth at least… read more
Merchants Bonding Company congratulates all the winners in the pitch competition at the Athene Black & Brown Business Summit. We are proud to be a sponsor of the Summit… read more
Robust results confirm Merchants’ commitment to its vision and values.… read more
2021 Annual Report - Growth, on all fronts, defined 2021 at Merchants Bonding Company. From strong financial performances to a wide range of new initiatives, Merchants… read more
Bid bonds protect project owners against the cost of rebidding a project if the low bidder does not accept the contract. But what if the owner's delays in selecting a… read more