At J.F. McDonald Insurance Agency, we specialize in providing clients with the contract and commercial surety bonds they need. We strive to provide the highest quality service to new and existing clients throughout the bonding process, matching their needs with the right surety company. We approach surety holistically, working as a team with CPAs, attorneys and insurance agents to provide clients with guidance, insight and advice.
A Surety Agency Established in 1976
J.F. McDonald Insurance Agency, Inc. provides full access to bonds for clients seeking contract and commercial surety bond support.
Contract surety bond needs include bid, performance and payment bonds.
- Bid bonds are typically required on publicly bid projects. These bid bonds are usually a percentage of the overall bid estimate and they guarantee that, if awarded, the low bidder will enter into the contract to perform the work and provide any required performance and payment bonds.
- Performance bonds guarantee that the principal on the bond will perform the duties required in the contract and specifications.
- Payment bonds guarantee that the principal will pay all subcontractors and suppliers involved in the prosecution of their contract.
Commercial surety bonds have various forms.
Some examples of commercial surety bonds include:
- License and Permit Bonds
- Supply Bonds
- Business Services Bonds
- Mortgage Broker Bonds
- ERISA Bonds
- Non-Construction Performance Bonds (i.e. Ship Building)
- Lost Securities Bonds
- Court Bonds
If you have any questions regarding any bond need, please contact us for further assistance.
With over 40 years of experience in the surety industry, we have cultivated many strong relationships with key members of the business community. We can provide referrals to high quality CPAs, attorneys and insurance agents in an effort to help you improve and grow your business.
J.F. McDonald Insurance Agency, Inc. was founded by Joseph McDonald in October of 1976 after starting his surety career with the Curtin Agency in 1972. Since then the company has grown, representing some of the best known clients in the region. J.F. McDonald recently celebrated its 42nd anniversary on October 14, 2018.
Jody Yurkstas assists with office management and handles the administrative tasks of the agency.
The agency is fully licensed in all New England states and several other states.