Risk & Business Magazine Marcotte The Magazine - Winter 2018 | Page 6

CONTRACTOR BONDING Contractor Bonding: How Marcotte Makes Your Life Easier! O BY: GORDON WEHNER CLCS, CAWC ADVISOR COMMERCIAL LINES 6 ne thing we’ve learned from having talked to hundreds of contractors over the years is that they’re generally not fans of the bonding process. For people who earn their livelihood by building and developing things, getting bonded can seem like nothing more than a paperwork nightmare. Marcotte makes the bonding process simple for our contractor clients so they can get back to doing what they love. We work with many different surety markets, so we can find the right fit for each contractor. Many of our underwriters like to meet our contractors in person; this often saves a lot of time by avoiding back- and-forth underwriting questions. Most contractors need a basic license and permit bond, which demonstrates their goodwill in complying with local, state, and