Stroudsburg, PA – The Frailey Agency is pleased to announce the new Nationwide Surety Starter (SM) bond program. Paul Gunnels, associate account manager, states, “There’s now an even easier and quicker bonding program designed specifically to meet the smaller, infrequent bond needs of contractors. This product also works for trades such as plumbers, electricians, and excavators. The new product doesn’t even require certified business or personal financial statements. This allows me to insure an entirely new type of client.”
Agents just need to fax or email a completed one-page Surety Starter Application to their contract bond underwriter. Once the underwriter reviews the application and personal and business information, the agent will be quickly contacted with an underwriting decision. Contractors not meeting the eligibility requirements may be asked to provide additional information for underwriting consideration.
To find out more about the eligibility guidelines and program exclusions, contact Paul Gunnels, Paul@Fraileyinsurance.com or 570 421-7447.