Your Trusted Partner for Bid, Performance, and Commercial Bonding
Surety bonds are essential for contractors, developers, and businesses who must demonstrate financial and contractual reliability to project owners, municipalities, and regulatory bodies.
Whether you’re bidding on a major infrastructure contract or posting a developer bond for municipal approvals, Wechinsurance delivers the speed, credibility, and expertise you need to move forward.
We don’t just write bonds — we build trust.
What Is a Surety Bond?
A surety bond is a three-party agreement between:
Principal
the contractor, developer, or business,
Obligee
the project owner or authority requiring the bond.
Surety
the insurer guaranteeing that the principal will fulfill their obligation.
If the principal fails to meet their duties, the obligee can file a claim against the bond. The surety then compensates the obligee and may seek reimbursement from the principal.
Types of Surety Bonds We Offer
Bid Bonds
Guarantees that if a contractor wins a bid, they will honor it and provide the necessary performance and payment bonds.
Performance Bonds
Guarantees that the contractor will complete the project per contract specs.
Labour and Material Bonds
Protects subcontractors and suppliers from non-payment.
Other Bonds
Including estate bonds, customs/excise, lost document bonds, license/permit bonds, and more.
Developer Surety
Required by municipalities to secure subdivision and site servicing work.
Why Wechinsurance?
Developer surety is typically required during:
Surety Specialists
Bonding is not a sideline — it’s a core specialty.
Worldwide Coverage
We handle bonding for companies coast to coast.
Top-Tier Surety Markets
We work with World’s leading surety providers, including Lloyd’s Coverholders.
Speed + Service
Most bonds are issued in 1–3 business days.
Support at Every Stage
We help you qualify, build your bond facility, and grow with confidence.
From new startups to public companies, we support bonding needs at all levels.
When Do You Need a Surety Bond?
What Our Customers Are Saying
Real reviews from real clients — across commercial lines, personal insurance, and surety bonding. Discover why business owners, families, and professionals across the World trust Wechinsurance to protect what matters most.
Ready to protect your business against unexpected risks?
Frequently Asked Questions (FAQ)
What’s the difference between insurance and a surety bond?
What financials do I need to qualify?
Do you offer international bonds?
How long does approval take?
Do I need collateral?
