Contract Surety
Enabling successful construction projects of all sizes
For over 100 years, principals and financiers of construction projects have trusted Travelers Canada surety underwriting and risk management expertise to accurately assess construction risk.
Our network of regional offices across Canada enables us to understand the unique characteristics and requirements of Canada's diverse regional markets. Travelers Canada surety underwriters and risk managers work together, advocating for the industry with lobbyists, technical advisors, lenders, and clients to support our customers and their security requirements. Our team offers valuable expertise to contractors of any size or level of experience because with so much at stake, it pays to be selective when choosing your surety partner.
Who is this right for?
- General contractors and construction managers
- Prime subcontractor trades, mechanical and electrical
- Road and bridge builders
- Paving contractors
- Utility, water, and sewer line contractors
Find what fits
Affords protection to a project owner (obligee) in the event a successful bidder does not enter into a contract and does not provide the required performance surety bonds or other acceptable security.
Provides protection to the obligee if the contractor defaults on its obligations under the bonded contract.
Affords protection to a project owner (obligee) in the event a successful bidder does not enter into a contract and does not provide the required performance surety bonds or other acceptable security.
Supports construction clients in their completion of Public-Private Partnerships (P3) and large infrastructure projects. P3 bonds provide performance, prequalification and protection to a construction project.
Creating relationships designed for construction success
The right surety relationship makes all the difference. We believe getting the relationship right is the best way to build business success. Learn more about how Travelers Canada has the expertise, experience and understanding to help build our clients’ businesses.
Additional services
Additional services
Avoid costly mistakes with cash flow modelling
Travelers utilizes real project data to model cash flow impacts and help your construction business manage financial risks and improve project selection.
Additional services
Use customized construction insights to gain a competitive edge
At Travelers, we understand the challenges in the construction industry and surety bonds. Read on to learn how our customized insights give a competitive edge.
An exclusive portal for registered Travelers builders.
TRU Builder™ is a one-stop portal for Travelers Canada builders and developers. Once you’re registered, you can enroll new homes, review warranty forms, access builder/homeowner bBulletins and other resources and manage all of your warranty needs.
Related surety products & solutions
Commercial surety
Support your business with a surety program tailored to your unique needs. We provide practical bonding solutions for businesses operating outside of construction.
Developer surety
Travelers Canada supports your project from site development through successful completion with development bonds, new home warranty and deposit protections that provide security to municipalities, investors and home buyers.
Project loss insurance
Construction projects involve a large amount of risk, even for the very best contractors. A sizeable loss on a project can lead to financial distress. PLI is designed to help contractors recover from this loss.
Find a broker
Get the personal service and attention a broker provides. To learn more about surety and warranty options in your area, find a Travelers Canada broker near you.
Claim centre
Report a surety claim
The business or organization you contracted with is in default of the contract. Now you need to file a claim against the surety bond. Throughout the entire process, we guide you through the steps with integrity and professionalism.
Resources
Surety articles to guide you
Surety Insights
What Is a Surety Bond?
Discover the three most common types of surety bonds for your business.
Surety Insights
Preparing Your Construction Site for Severe Weather
Severe weather damage can add both cost and time to a construction project. Learn how to help protect your construction site from severe weather.
Surety Insights
5 Things to Look For in a Commercial Contract Surety Provider
Here are important differentiators to consider that may help you choose the right bond carrier for your needs.
