SEIZE THE DAY Hawai‘i contractors benefit from stable insurance rates in 2025

HPM Building Supply expects material house bond activity to stabilize in 2025, with a potential uptick in Maui due to Lāhainā rebuilding efforts. Senior Bonding Analyst Eric Domingo notes their evaluation process examines contractors' financial stability, credit standing, and experience. With over 100 years of combined bonding experience, HPM's team offers a streamlined process that customers value for its efficiency. Domingo emphasizes their bonds serve two key purposes: "Protecting against potential mechanic's liens and ensuring project completion."