Frequently Asked Question:

How Do You Increase My Bonding Capacity?

Insurance Type
Related Industries
Construction
Related Coverages
Surety Bonds

The Short Answer

Sureties weigh your financials and track record more than your job history. Contractors raise their bonding capacity by strengthening their balance sheet, submitting CPA-prepared financials with accurate work-in-progress reporting, and proving they finish jobs on time and on budget.

The Full Answer

Sureties look for contractors with strong financials, disciplined management, and consistent profitability. Clean financial statements, accurate work-in-progress (WIP) reporting, and solid internal controls often matter as much as job history when a surety decides how much capacity you can support.

Key ways to increase capacity:

  • Strengthen your balance sheet by retaining earnings and managing debt
  • Provide timely, CPA-prepared financials with accurate WIP and job costing
  • Manage backlog so you don’t overextend your team or your cash flow
  • Show a track record of on-time, on-budget completions
  • Tighten safety, contract terms, and subcontractor controls to reduce risk the surety is underwriting against

How Liberty helps: We build these pieces into a bonding strategy, match you with the surety markets suited to your profile, and push for capacity increases ahead of major bids — so bonding never becomes the reason you can’t chase a job.

Related Questions

Liberty does not currently insure inflatable equipment such as bounce houses. Liberty can discuss coverage for the rest of your rental inventory.

Generally yes. Workers’ compensation is required in most states once you have employees, and delivery drivers and setup crews face some of the highest injury exposure in a rental business.

Party rental insurance premiums are driven mainly by inventory value, annual rental revenue, delivery operations, and claims history. Liberty prices each program from your operation rather than a flat rate.

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