In addition to providing financial security and construction assurance on building and construction projects, contract surety bonds serve as a valuable pre-default resource and risk mitigation tool for parties.
With over 100 years of surety and construction experience in its claims department, Merchants' claims professionals are well-positioned to put their expertise and resources to work to provide meaningful assistance to contractors, subcontractors and owners to efficiently resolve claim situations.
Because requirements for a valid claim vary by state, project and/or bond form, we are unable to provide comprehensive information regarding the procedural and substantive requirements necessary to file and perfect a claim against these bonds here. You may consider seeking legal advice with respect to your particular claim.