Contract and Commercial Bonds

Contract Surety Bonds are written agreements where one party (the surety) obligates itself to a second party (the obligee) to respond to the default of a third party (the principal).

A bond acts like an extension of credit, so underwriters evaluate risks like a bank evaluates a loan application.

Gallen Insurance can provide contract bonds from several leading surety companies.  We work with you to determine your needs and negotiate the most favorable terms and rates.  We offer different programs depending on your needs:

Contract Bonds:

  • Small infrequent bond requirements up to $350,000 individual and annual aggregate with minimal financial information required, based on your business experience and good credit history.
  • Larger bond requirements where we work to develop stategic relationships between you and the surety company to ensure that you automatically have access to the limits that you need, when you need them and at the most favorable terms and most competitive rates.
  • Special situations where your financial statement may not be sufficient to support bond limits required.  We are able to arrange bonds using a funds management arrangement that you can get the bond that you need.

Commercial Bonds:

  • We provide a full range of commercial bonds that you may require to run your business, including license and permit, notary, employee dishonesty, ERISA, professional service and other miscellaneous bonds.

What we will do for you:

  •  Establish lines of credit for your bonding needs.
  •  Assist in maintaining ongoing relationship with the bond company with regular visits.
  •  Assist in establishing and maintaining required financial documentation.
  •  Review bond contract documentation.
  •  Issue bonds in an expeditious manner.

For more information on Bonds and other types of business insurance, give us a call today at (610) 777-4123, email us or use our contact form and an agent will be happy to assist!

Greater Reading Top 50 Businesses

Over 65 years strong!

Since 1957, Gallen Insurance has helped residents of Pennsylvania with a variety of insurance policies and coverages for all types of businesses and industries.

We’re also a Trusted Choice Independent Insurance Agency, we recently won the Berk’s County People’s Choice Award and are recognized as one of the Top 50 Businesses in Greater Reading!

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Contact Us

Gallen Insurance
2237 Lancaster Pike
Shillington, PA 19607

Phone: 610-777-4123
Fax: 610-777-9957

Mon - Thur 8:00 am - 4:30 pm
Friday 8:00 am - 4:00 pm


Gallen Insurance provides Contract and Commercial Bonds and Coverages throughout Pennsylvania from our office in the Greater Reading Area of Berks County.

Our friendly and personable staff stands ready to provide a free consultation for any insurance need you may have.

Use our contact form, email us, or call us today at 610-777-4123.

Shillington, PA 19607
Mon - Thur 8:00 am - 5:00 pm Friday 8:00 am - 4:00 pm
Melbourne, Australia
(Sat - Thursday)
(10am - 05 pm)