The Merchants Advantage
Merchants Bonding Company is unique in the surety industry. Our focus
for more than 80 years has been almost exclusively on surety bonds. Our common
sense underwriting approach and first-class service make us different
from our competitors and give our agents an edge. We are ranked in the
Top 15 surety writers in the United States by A.M. Best and the Surety
& Fidelity Association of America (SFAA, 2017), and have had an A.M.
Best rating of "A" (Excellent) or better for 60 consecutive years.
Common Sense Underwriting
- Accounts are NOT Alike - We have a deep
understanding of underwriting considerations and one thing is clear: No
two accounts are alike. We are fiercely committed to reviewing each case
on its own merits. Merchants does not use an inflexible formula.
- Net Worth is Key - Merchants considers many
factors, including working capital during underwriting analysis, but our
emphasis is on net worth, both business and personal, because we
believe it is the best reflection of a company's past successes and
- Character Counts - Merchants places significance on
the personal character and net worth of business owners. In each case,
we consider personal net worth, personal credit, and significant
- Underwriting Intangibles - References - Some of the
intangibles we typically evaluate include bank references, owner and
supplier references, credit reports, and length of time in business.
The Art & Science of Underwriting
Our team looks at the whole picture to
find the right balance of factors for your surety solutions. Merchants'
underwriters are dedicated professionals who are committed to providing
common sense underwriting and first-class service. Our net worth
philosophy, exemplary service, and focus on both the art and science of
underwriting sets Merchants apart and provides our agents with a lasting
Want to learn more about a long-term successful partnership with a surety you can trust to do it right? Inquire here.