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Our Sterling, VA office, Construction Bonds, Inc. (CBI) has been helping contractors and contractor-related businesses with their insurance and bonding needs since 2010. We serve small and emerging contractors, first-time bond users, and larger contractors with bonding experience in the Sterling, Virginia and surrounding areas.

At CBI, we know the value of time in construction projects and maintain accurate files for our clients to expedite their bonding processes. We work with many “A” rated bond underwriters and function smoothly with the U.S. Small Business Administration (SBA) Surety Bond Program. Our expertise and success helping small, emerging contractors succeed in growing their businesses in this highly specialized niche has earned us recognition from the SBA.

We believe fairness, honesty and common sense are important assets in helping construction-related businesses obtain the bonds needed to bid and win bigger contracts. Helping clients to prepare the facts needed to acquire an accurate and timely bond is our primary mission. Our Bonding University offers basic information to provide a starting point for clients new to bonding and also answers the questions we often hear from contractors who just don’t know where to begin. We help organizations to be “bondable” because it’s the “lifeline” of a construction firm.

CBI is part of Murray Insurance Associates, which  joined AssuredPartners in January 2021.

Richard M. Rankin

Agency President

As Agency President, Richard M. Rankin, CIC, is responsible for management and oversight of the Murray Insurance Associates offices, which joined AssuredPartners in January 2021. For 40 years, Rick has dedicated his career to Murray and the insurance industry. His open-door policy means every employee’s voice is heard. He is supportive of the agency and the staff as they grow, seeing the visible results of the support we give our clients and community.

Rick demonstrates the importance of the Agency’s core value, Cultivate Community. He actively participates on the Boards of the Southern End Community Association and Lancaster City Alliance. He is Vice Chair of Insurance Agents & Brokers of PA, MD and DE and is a member of numerous insurance company advisory groups.

Rick enjoys farming and hunting as well as spending time with his wife, three daughters and his grandchildren. Keeping connected to his roots is important, as he lives and works his farm in Quarryville, which has been in the family for generations.