PENTECO  Financial & Insurance Services

Serving the Nation's Capital & Mid-Atlantic Region
For Over 25 Years
(703) 799-2500 / (866) 4PENTECO

 

 

 

BONDS

Our appetite for Bond business includes:

Commercial Surety – Focus on small and middle market bonds and accounts.  Larger risks are considered on a selective basis.

Commercial Crime – Small to large private and public businesses. We look for insureds with solid financial strength, sound internal controls, and favorable loss history.

Contract Surety – A top-rated surety market specializing in small and middle market general contractors, heavy/highway, paving, site/utility, prime mechanical/electrical contractors, select subcontractors, and service contractors.

Bonds typically range from $50 to $100 per $1000 of coverage.  Premiums may vary depending on Bond classification.  Premiums must be paid in full before the Bond can be issued.

COMMERCIAL SURETY:

Click Here to download an application

• Probate

• Judicial

• License & Permit

• Miscellaneous

• Lost Securities

• Public Official

• Financial Guarantees/Tax Bonds

 

COMMERCIAL CRIME:

• ERISA Fidelity Bonds

• Third Party Off-Premises Services

• CrimeSHIELD

“All-in-one” policy for commercial & governmental customers:

– Employee Theft

– Depositors Forgery

– Theft/Robbery/Burglary

– Computer Fraud

– Counterfeit Currency

 

CONTRACT SURETY:

• Performance & Payment

• Bid

 

Types of Bonds Available
Public Entities
*Surety
- Tax Collectors
- Treasurers
- Sheriffs
- Town Managers
- Superintendent of Highways
- Court Clerks
- Notaries Public
- School Board Members  
Contractors
*Surety
- Performance & Payment bonds
- Supply
- License & Permit
- Court
- Wage & Welfare  
Transportation/Trucking
*Surety
- Supply
- Court
- License & Permit
- Financial Guarantee
- Fuel Tax
- Toll Charge
- ICC/Transportation Broker - NOT A   DESIREABLE CLASS OF BOND  
Colleges and Universities*
*Surety
- Alcohol
- Court
- License & Permit
- Financial Guarantee
- Private School Tuition Guarantee  
Automotive Dealers
* Surety
- Supply
- Court
-
License & Permit

- Financial Guarantee
- Motor Vehicle Guarantee  
Non-Profit Organizations
* Surety
- Court
-
License & Permit

- Financial Guarantee
- Unemployment Compensation  
Health Care Industry
*Surety
- Nursing Home Patient Trust
- Alcohol
- License & Permit  
Manufacturers
* Surety
- Supply
- Court
-
License & Permit

- Financial Guarantee
- Denatured Alcohol  
Alcohol Beverage Manufacturers
*Surety
- Beverage Tax
- Wine Cellars
- Vendors/Solicitors
- Lease
- Brewers, Distillers, Winemaker or   Manufacturers  
Banks/Financial Services
* Surety
- Court
-
(Replevin, Attachment, Claim and   Delivery, etc)

- Check Seller
- Money Transmitter
- Small Loan License
- Blanket Lost Instrument/Waiver of   Probate
- Coupon/Bond Cremation
- Blue Sky, Insurance Broker, Mtg. or Real Estate Broker  
Cable TV
* Surety
- Franchise
- Pole Attachment
- Street
Opening

- (Road and Curb Cut)
- Maintenance/Completion Court
Banks/Financial Services
*Surety (continued)
- Subdivision

- Notary
- Lease
- Retirement
- Benefit
- Financial Institution products are   available  
Commodity Dealers
*Surety
- Warehouse
- Lease
- Indemnity to R. R.
- Customs
- Lost Instrument-Bill of Lading
- Demurrage
- Livestock
- Board of Trade
- Commodity Export
- Blue Sky
- Commission Merchants  
Energy Companies
*Surety
- Gasoline, Diesel Fuel Tax
- Highway Permit
- Drilling, Plugging, Operating Bonds
  Strip-mining, Reclamation
- Lease
- Self Insurer
- CustomsCourt
- Pollution Control
- U.S./Foreign Tax
- Appeal
- Admiralty
- Obstruction in Navigable Waters  
Tobacco Companies
*Surety
- Warehouse
- Tax Stamp
- Self-insurer
- Lease
- Retirement Benefit(s)
- Department of Agriculture  
Miscellaneous Manufacturers
*Surety
- Customs
- Self-insurer
- Lease
- Carnet
- Tax Appeal ( U.S. & Foreign)
- Fuel Tax
- Retirement Benefit(s)  
Service Companies
*Surety
- License & Permit
- Concessionaires
- Lease Bonds
- Food Service (Contract)
- Maintenance (Contract)
- Security Guards
- Public Officials  
Transportation Companies
*Surety
- Court
- Right of Way
- Lease
- Liquor License
- Self-insurer
- Warehouse
- Fuel Tax
- Freight Forwarder
- Charter Party  
Utility Companies
*Surety
- Rate Refunding
- Court (Condemnation)
- Notary
- Strip Mining
- Lease
- Self-insurer
- Excessive Weight/Street Opening  

 


PENTECO, LLC
www.pentecofinancial.com
www.penteco.com

Correspondence:
P.O. Box 210, Mount Vernon, VA  22121 (703) 799-2500/ (703) 660-9090 / (866) 4PENTECO/ (703) 799-7489 fax
email:
info@pentecofinancial.com

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 Site Last Updated: Wednesday April 08, 2009