Two contractors talking

Hard-to-place bonds

Helping contractors stay competitive

Liberty Mutual Surety is one of only a few carriers offering both standard and alternative contract surety. Our Vista program provides tailored bond solutions for:

  • Emerging businesses
  • Established businesses experiencing challenges
  • Contractors with nontraditional business models, where other sureties may shy away

Every Vista bond request is managed by a dedicated underwriter, experienced in bond solutions for new contractors or those facing challenges. Our Vista program provides the opportunity to stay competitive and bid bonded work, keeping your construction business moving forward.

Alternative tools during new and challenging times

  • Funds administration

    With funds administration, construction proceeds are placed into an escrow account in the contractor’s name and managed on behalf of the contractor. Vendors and subcontractors receive payments straight from the escrow account, with input and validation of progress from the contractor.

  • Collateral

    Collateral can include irrevocable letters of credit (ILOC), cash or equivalents, cash value of life insurance (CVLI), or real estate. Each form of collateral may present limitations and special underwriting considerations.

  • SBA and other bond guaranty programs

    SBA (Small Business Administration) guarantees can be used to support bonding for multiple types of contractors. We participate in the SBA Preferred Surety Bond (Plan B) program, which provides an 80 percent or 90 percent guarantee depending upon the type and status of the contractor. We also participate in U.S. regional programs, which will give up to 40 percent collateral, typically used in conjunction with funds administration.

This website is intended to be informational. Descriptions are provided only as a summary outline of the products and services available and are not intended to be comprehensive and do not constitute an offer to sell or a solicitation. The products and services described may not be available in all states or jurisdictions. See your policy, service contract, or program documentation for actual terms, conditions, and exclusions. Any inquiries regarding the subject matter set forth herein should be directed through licensed insurance professionals.

Coverage and insurance are provided and underwritten by Liberty Mutual Insurance Company or its affiliates or subsidiaries. When we offer insurance products, we will state clearly which insurer will underwrite the policy. Some policies may be placed with a surplus lines insurer. Surplus lines insurers generally do not participate in state guaranty funds and coverage may only be obtained through duly licensed surplus lines brokers.