Hendrickson Insurance
Hendrickson Insurance
Florida surety bonds for contractor licensing, performance, payment, court, notary, and other commercial bond needs. Surety is different from insurance: a three-party agreement guaranteeing performance to a third party. Hendrickson Insurance places surety through bonding companies and specialty surety markets for Florida businesses across Sarasota, Bradenton, Tampa, St. Petersburg, Clearwater, Venice, and Lakewood Ranch.
Required for licensing as a Florida general contractor, electrical contractor, plumbing contractor, roofing contractor, and other regulated trades. Typically $5K to $25K bond amounts.
Required on most public construction contracts and many private commercial contracts. Performance bond guarantees project completion; payment bond guarantees subcontractor and supplier payment.
Probate bonds, executor/administrator bonds, guardianship bonds, appeal bonds, and other Florida court-required bonds. Often filed by attorneys but written by insurance agents.
Required for all Florida notary public commissions. $7,500 bond plus E&O coverage typically required. Inexpensive and quick to place.
Required for Florida licensed auto dealers and salvage dealers. $25K to $50K bond amounts depending on dealer classification.
Customs bonds, ERISA bonds, fidelity bonds, lost instrument bonds, and other specialty surety needs.
Most Florida contractor and license bonds are issued off your credit and the bond amount, not a long underwriting process. For standard license and permit bonds we can often turn it around the same day once we have the obligee, the city, county, or state requiring it, and the bond amount. Performance and payment bonds on a contract are underwritten more closely, based on your financials, experience, and the job itself.
We place the full range for Gulf Coast contractors and businesses: state and local contractor license bonds, permit bonds, court and probate bonds, and performance and payment bonds on projects. Tell us exactly what the obligee is asking for and we match the right bond and the right market.
Call 941-952-7991 with the bond form or the requirement and we will get it issued.
Florida contractors typically need both GL and license bonds.
02 / Related CoverageCommercial accounts often need bond placement alongside property coverage.
03 / Related CoverageContractors with employees need workers comp alongside contractor bonds.
A surety bond is a three-party agreement where a surety company guarantees to a third party (the obligee) that the bonded party (the principal) will perform a specific obligation. Unlike insurance, which protects the insured, a surety bond protects the obligee. If the bonded party fails to perform, the surety pays the obligee and then seeks reimbursement from the bonded party. Surety is a credit product more than an insurance product.
Florida contractor license bonds, performance bonds, payment bonds, court bonds (probate, appeal, guardianship), notary bonds, fidelity bonds, fiduciary bonds, motor vehicle dealer bonds, and other commercial surety bonds typically required for Florida licensing or contracts.
Call 941-952-7991. Surety underwriting depends on personal and business credit, financial statements, work in progress (for contractors), and the specific bond required. Most license and notary bonds are credit-based and quote quickly; performance bonds require more documentation.
Call 941-952-7991 or schedule online. Specify the bond type and amount needed.
Dennis Hendrickson changed a New Jersey state tennis rule at 17 and played four years of Division I tennis at UNC Charlotte. Today he writes both the commercial and the personal insurance for Gulf Coast owners himself, and he works a renewal or a claim the way he played: nothing conceded, no point given away.
When you apply, he answers. Every application goes straight to Dennis. He reads it himself and responds the same business day in most cases, always within 48 hours.
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