Lexington National offers Contract Surety programs up to $5M Single / $10M Bonded Aggregate with competitive rates and commission. We work hard to develop creative solutions to contractors’ bonding difficulties and partner with a network of seasoned surety agents. Our pledge to all our clients and partners is to always deliver excellent service with a fast response.
Options for Small Bonds
Our core business is working with small and midsize contractors. We will consider accounts that only have internal financial statements and we will use funds control and collateral where appropriate to provide surety support to an account.
Lexington National’s Fast Track program allows for bonds up to $500,000 to be written quickly and easily. The Fast Track program is excellent for small and emerging contractors.
We have enjoyed our relationship with Lexington National Insurance Company and have found them to be very responsive to our customer’s needs. Lexington National has helped us with several customers that had blemishes and worked through those circumstances. Those customers have emerged as standard accounts, that are very loyal to Lexington National Insurance Company. Lexington National has several tools in their tool chest that we have found to be very useful and unique, which has provided us the ability to “win” the account. We provide our recommendation of Lexington National Insurance Company and look forward to growing our book with them.
Michael Schendel, Assured Partners
Lexington National is reinsured by Arch Reinsurance Company under a $5M single bond/$10M aggregate bond/$15M total bonded and non-bonded cost to complete program. Arch Reinsurance Company is rated A+ by AM Best.