Business Details
Your Trusted Insurance and Surety Bond Partner in Rochester, NY
LB Bonds & Insurance has built its reputation on delivering personalized surety bond and insurance solutions tailored to the unique needs of businesses and individuals. With five licensed agents dedicated to exceptional customer care, the company prioritizes understanding clients' operations to provide coverage that aligns with their specific requirements. The leadership team brings extensive firsthand experience as former or current owners of construction companies, real estate ventures, childcare facilities, and manufacturing plants, enabling them to assess risk with industry-specific insight. As an independent broker, they collaborate with over 20 insurance carriers to secure competitive rates while advocating for clients during claims processes.Their consultative approach ensures policies protect against unforeseen events without overpaying for unnecessary coverage. The firm emphasizes transparency, explaining policy details clearly and avoiding hidden fees. Their track record includes helping clients identify underinsurance gaps and optimizing bond programs through financial analysis and strategic carrier partnerships. This combination of technical expertise and business acumen positions them as trusted advisors rather than transactional brokers.
Services
Surety Bonds
Business Insurance
Homeowners Insurance
Auto Insurance
Commercial Bonds
Personal Watercraft Insurance
Flood Insurance
Umbrella Policies
Valuable Items Coverage
Motorcycle Insurance
Highlights and features
- We offer 20+ years of combined experience in construction and business ownership
- Our team holds powers of attorney with all major surety providers
- We conduct financial statement analysis to optimize bond programs
- We provide access to over 20 insurance carrier options
- Our brokers work exclusively for clients, not insurance companies
What people say
Personalized customer care
Courtesy and expertise
Reliable coverage
Tailored policies
Dedicated agents
Services
Surety Bonds
Surety bonds guarantee contractual obligations through three-party agreements between principals, obligees, and sureties. We specialize in bid bonds, performance bonds, and payment bonds for construction projects exceeding $150,000. Our team leverages industry experience to negotiate favorable terms with underwriters while expediting transactions through powers of attorney with major surety providers.
Business Insurance
We review existing policies to identify coverage gaps in business insurance programs. Our consultative approach ensures adequate protection against risks like property damage, liability claims, and operational disruptions. We represent multiple carriers to provide competitive pricing while maintaining advocacy during claims processes for policyholders.
Homeowners Insurance
Our homeowners insurance solutions protect primary residences against perils including fire, theft, and weather damage. We offer customizable coverage options for structural components, personal belongings, and liability protection. Policies can be bundled with auto insurance for additional savings while maintaining individualized risk assessments.
Auto Insurance
We provide comprehensive auto insurance policies covering liability, collision, and uninsured motorists. Our brokers compare rates across multiple carriers to find cost-effective solutions while ensuring adequate protection levels. We specialize in handling claims advocacy to protect policyholders' interests during disputes.
Personal Watercraft Insurance
Our personal watercraft insurance policies protect boats, jet skis, and yachts against damage, theft, and liability claims. Coverage includes physical damage protection, emergency towing, and personal liability extensions. We tailor policies to specific watercraft types and usage patterns while offering competitive pricing through specialized marine insurance carriers.
People
Mike Loewke
CEO/Partner
As CEO and partner, Mike combines executive leadership with hands-on industry experience from owning multiple construction and manufacturing businesses. His dual perspective ensures client solutions balance operational realities with financial protection requirements.
Jim Loewke
Chief Operating Officer
Jim oversees daily operations while applying his construction industry background to evaluate risk factors. His technical expertise helps clients navigate complex bonding requirements and insurance specifications for large-scale projects.
Mike Vogt
President
As President, Mike leverages extensive experience in real estate and business management to assess clients' insurance needs. His strategic approach focuses on long-term risk mitigation and policy sustainability across economic cycles.
Marie Loewke
Vice-President/Broker
Marie serves as Vice-President and broker, applying her childcare business ownership experience to evaluate unique insurance requirements. She specializes in matching clients with appropriate coverage through comprehensive policy analysis and carrier comparisons.
Questions
What types of surety bonds do you handle?
We provide bid bonds, performance bonds, payment bonds, license & permit bonds, and court bonds. Our team works with all major surety providers to secure competitive rates for construction and commercial projects.
How do you determine appropriate insurance coverage?
We conduct detailed policy reviews to identify gaps in existing coverage. Our brokers analyze business operations, financial statements, and risk exposure to recommend customized insurance solutions that balance protection and affordability.
Can you help with insurance claims?
Yes, we advocate for policyholders during claims processes. Our team explains coverage details, documents losses accurately, and negotiates with insurance companies to ensure fair settlements while protecting clients' interests.
Do you offer personal insurance policies?
We provide homeowners, auto, umbrella, flood, and valuable items insurance. Our personal insurance solutions protect against common risks while offering customizable coverage options for unique assets like boats and motorcycles.
What areas do you serve?
While based in Rochester, NY, we serve clients across New York State. Our services support businesses and individuals in construction, real estate, manufacturing, and various commercial sectors.
Are you available for urgent insurance needs?
We prioritize timely responses to urgent requests but don't offer 24/7 emergency services. Our team works regular business hours to address insurance and bonding needs with personalized attention and industry expertise.
