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Contractors Bonding and Insurance Company

CBIC is U.S. Treasury listed and rated A excellent by A.M. Best Company. Formally established in 1979 but with roots tracing back to 1959, CBIC serves over 30,000 contractors and over 4,000 insurance agents and brokers nationwide. The company is the number1 writer of contractor’s license bonds in the Northwest.  The Company is licensed for surety in all 50 states and Washington D.C., licensed for Property and Casualty business in 46 states, and operates 13 regional branch offices.
Contractors Bonding and Insurance Company CBIC is a privately held, Seattle based insurance company specializing in surety bonds and niche property and casualty insurance products. Surety underwriting emphasis is on contract, license, permit, miscellaneous and court bonds. The contract bond program focuses on standard underwriting for medium size contractors along with streamlined programs for small accounts and infrequent users of surety credit.
 Property and Casualty underwriting emphasis is on general liability, property and inland marine coverage for artisan contractors but they also write program, wholesale and generalist business including a wide variety of merchant and office classes.
The Company is a complete facility for contract, bid, performance and payment bonds up to 10 million dollars single and 15 million dollars aggregate with higher limits available on an individual basis.
There are a variety of non-contract related bond requirements and classifications. These lines of business are commonly referred to as Commercial Surety. The Company writes Commercial Surety including, License and Permit, Miscellaneous, Court, ERISA and Public Official bonds. Their depth of knowledge and understanding of difficult surety risks, coupled with their innovative electronic distribution systems.
Claims can be complex and time sensitive. They understand the importance of responding quickly to your needs and delivering courteous and prompt service. Their experienced claims administration staff provides professional and responsive claims assistance.
They appreciate your business. Their goal is to make this transition as smooth as possible for you and your clients.

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