ConstructionBond Canada Releases New Predetermined Rates For Surety Bonds

ConstructionBond Canada helps construction companies compare bond rates from multiple insurers at once to guarantee the get the best deal while satisfying rules and regulations.

ConstructionBond Canada is today releasing predetermined rates from major insurers for surety bonds across Canada. These predetermined rates will enable construction businesses to easily compare rates between multiple insurers to get the best possible deal. Bonds are required to satisfy regulations, tender specifications, and more. The new predetermined rates have been negotiated to try and secure the best possible deal for ConstructionBond Canada clients.

ConstructionBond Canada ( enables construction businesses to compare bond rates from multiple companies at once, exerting a competitive pressure on the insurers to lower their rates in order to secure more business. Rates on the site generally start at 1% for most businesses. Companies that are in good financial standing, well capitalized, and have a good track record can qualify for as low as 0.75%.

This makes affordable bonds more accessible than ever before. The website also offers many other different types of surety bonds such as contractor bonds, license bonds, court bonds, in addition to surety bonds. The site also offers liability insurance. Requesting a quote has been made as easy as possible, using their one minute online form. It enables people to select the type of bond and amount, and the timeline for delivery, before distributing the request to insurers, who compete to provide the lowest rates.

A spokesperson for ConstructionBond Canada explained, “Our new predetermined rates have been created to allow people to see at a glance what kind of bond percentages we are able to provide thanks to our extensive network of high quality, authenticated insurers. These rates have been negotiated by us on behalf of our clients, to ensure we offer the most competitive prices available in Canada. Our website has a detailed FAQ about the bonds, so that people can easily understand how we are able to achieve these rates without sacrificing coverage. We hope to offer value, convenience and confidence to our clients, and we look forward to delivering these predetermined rates to more contractors than ever.”

About ConstructionBond Canada: ConstructionBond Canada is an online resource center and insurance broker that has created dozens of pages discussing the many different types of surety products available, including construction surety, commercial, license, and more. The site aims to be a one-stop shop for any business that requires any sort of bonding.

Contact Info:
Name: PRWhirlWind
Email: Send Email
Organization: PRWhirlWind
Address: 3100 Steeles Ave E #101, Markham Ontario, Canada, L3R 8T3
Phone: 1-888-480-7677

Release ID: 212095