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Subdivision bonds

For developers and builders

Subdivision bonds, or plat bonds, are a common municipal requirement for developers and builders. But in a constantly changing housing market, finding the right surety team can be a challenge.

That’s why real estate developers and homebuilders rely on Liberty Mutual Surety. With decades of subdivision bond experience, our dedicated underwriters have the skills and resources to navigate shifting markets and handle complex requirements with ease.

Private and public homebuilders, commercial developers, and land and lot developers of all sizes enjoy the benefits of our subdivision bond programs, including:

  • Better access to cash, lines of credit, or borrowing capacity
  • No automatic forfeiture in the event of a claim
  • Potential to minimize disputes and losses in the event of a claim
  • Warranty/insurance bonds for one year at no extra cost for developers who need a performance bond for required improvements

We have a streamlined and easy-to-follow Shortform Subdivision application for bonds under $350,000, and a Standard Subdivision questionnaire for bonds or aggregate bond programs over $350,000.

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.