In your best interests.
Managing your exposure for the work of subcontractors and specialty contractors is vital to the success of your project – and your business. But how can you be sure that the bonds provided by these contractors are of the highest quality? The surety professionals at Allied can help.
We not only assure that the surety bonds you accept are from responsible markets, we also offer Subguard®, an innovative insurance program that directly indemnifies you for costs resulting from a subcontractor’s default.
Underwritten by Zurich North America Construction, Subguard® is like a traditional surety bond in that coverage is triggered by a subcontractor’s failure to perform its contractual responsibilities. But unlike traditional subcontractor bonding, Subguard® gives general contractors control over the program – and the resolution process – at a cost that’s typically equal to less than traditional surety costs.
And with Allied, you get something more: our expertise in prequalifying subcontractors. We’ll work with you to develop, implement and audit your prequalification program to ensure that Subguard® works best for your business. To find out how, contact us.
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