Chubb has a diverse clientele mix of top-tier contractors including:
Products & Services
Bid bonds
A bid bond guarantees that a contractor bidding on a contract will execute the contract under the terms on which it bid and provide any required performance bond and/or payment bond if awarded the contract.
Performance bonds
A performance bond protects a project owner from financial losses by guaranteeing that a contractor will fulfill its obligations under the underlying bonded contract according to its terms and conditions.
Payment bonds
A payment bond assures that a contractor will pay any laborers, material suppliers, and subcontractors who supplied labor or materials to the contractor under the bonded contract in accordance with the terms of the payment bond.
Maintenance bonds
A maintenance bond ensures that a contractor's work will be of sufficient quality to meet the standards of the underlying bonded contract and free from defects during a specified period of time.
Construction Surety at Chubb
The company of choice for contractors
over 30%
of ENR's Top 100 Contractors are Chubb Surety clients*
over 75%
of Chubb’s construction surety relationships span at least 10 years with Chubb Surety
20 years
average tenure on our surety senior leadership team