You have the vision. We have the ability to make it real.

About Surety Insurance

The construction and building industries are complex, with numerous risks that can impact a builder’s financial assets if unprotected. Any jobsite where contractors perform tasks is made even more complicated, with property owners and the contractors themselves exposed to on-the-job risks. To protect against loss of property, medical and legal expenses due to workplace injuries or deaths, and damage resulting from unforeseen natural events, a specialized form of insurance protection called surety may be needed. At the Rooney Insurance Agency, we are a specialist in surety bonds, sometimes known as construction or contract bonds. Our agency has over 50 years of experience in the dynamic and ever-changing construction industry, allowing us to provide coverage solutions for nearly every risk associated with the industry.

Rooney Insurance Agency is an innovative leader in providing reasonably priced, feature packed property and casualty insurance for many of the leading businesses in our region.

Our account executives and managers specialize in analyzing all of your Property and Casualty Insurance exposures, offering risk management solutions, and providing quality coverage for:

Surety and Bonding Solutions by the Rooney Insurance Agency

For any business entity that uses contracts and employs contractors for any part of service delivery, a contract bond may be required. These bonds are, in essence, a guarantee that the named contractor will abide by and adhere to the specific details in the contract. Contract and surety bonds are typically used in the construction industry, but may be found in any industry that relies on contractors for services. In the construction industry, many contractors and subcontractors are responsible for tasks ranging from electrical and plumbing services to materials delivery, specialized construction practices, and many more aspects of a building project. Construction and contract bonds give valuable protection to the project’s owner or owners, and these bonds specify that the contractor will complete work as specified. Contract bonds also provide financial protection, ensuring that suppliers, subcontractors, and laborers are paid appropriately.
Since 1960, the Rooney Insurance Agency has served the business communities with comprehensive insurance plans at competitive market rates. We have long been considered a specialist in contract bonds, and works with both national and international insurance markets to provide:

  • Payment Bonds
  • Bid Bonds
  • Fiduciary Bonds
  • Fidelity Bonds
  • License/Permitting Bonds
  • Notary Bonds
  • Performance Bonds
  • Miscellaneous Bonds

Our agency meets most bonding requirements for all industries. Speak to one of our team members today to learn more about our bonding options and coverages.

The Rooney Difference

Unlike many insurance companies, the Rooney Insurance Agency is staffed by a team of experienced insurance professionals with the market knowledge and industry familiarity needed to exceed our clients’ expectations. We know that the construction industry is complex, with many aspects that must work together to complete projects on time and on budget.
We strive to provide protection for the financial assets of our clients, and to do so, we carefully review all aspects of a contract before issuing surety and contract bonds. This process may include:

  • Reviewing contractors’ financial assets, financial statements, and tax filings.
  • Gaining an understanding of the contracting company’s business practices and project track record. This is typically done by speaking to the company’s banking firms, material suppliers, and past clients.

This process is completed to verify that all contractors entering project contracts have the financial resources and capabilities needed to successfully complete a given project. In other words, we ensure that any guarantees specified in a bond can be met if an accident or unforeseen incident were to occur. We go the extra mile to protect our customers, earning our agency its reputation of outstanding service and quality.

Call the Rooney Insurance Agency Today

At the Rooney Insurance Agency, we have worked with numerous industries for over 50 years. Our experience in the construction and building industries is unrivaled. For surety bonds, contract bonds, and many other types of performance and fiduciary bonding solutions, Rooney is a recognized leader. Call our talented team of bonding professionals today to learn more about our products and processes. The Rooney Insurance Agency is ready to help you protect your assets with a range of bond options to choose from. Simply call (918) 582-0565. or go online to use our convenient contact form.