Don't wait! Call Pro Surety Bond when buying your next bond. We specialize in all types of Contract and Construction Bonds including Payment and Performance Bonds, Subdivision and Off Site Bonds, Bid Bonds, License and Permit Bonds, Court Bonds, Fidelity Bonds and all types of Miscellaneous Surety Bonds. Speak with a bond agent now by calling 800-314-7003 Our representatives can inform you on the best bond choice. Call the Kent Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What are surety bonds? Simple: surety bonds guarantee the performance of some obligation. Surety bond agreements are different in that there are three parties involved: the obligee which is the party that needs the guarantee, the principal which needs to guarantee the performance, and the obligor, aka the surety company which acts as a go between. If the principal does not perform the task as agreed upon in the contract, the obligee can make a claim on the bond as a fulfillment of the guarantee. When this happens, the surety/obligor will investigate the matter and come to a decision. If the claim is paid, the principal will then be pursued for the repayment. Pro Surety Bond has over 25 years of industry experience, locking down the most competitive rates it can find in its network of underwriters. Call today even if you have bad credit. Call 800-314-7003!
If you are bidding on public projects for the City of Kent you may be required to post a Bid Bond. The Bid Bond guarantees you will be able to provide the Performance Bonds required in the event you are the low bidder. In essence the Bid Bond pre-qualifies you for the work you are bidding on. Not all jobs require bonding but if they do we can assist you with Bid Bonds, and subsequent Performance and Payment Bonds as required by the state. Please call the Contract Bond Team at Pro Surety Bond for more information.
Kent, Washington, located in the Green River Valley, is the sixth largest city in Washington State. It was named one of the Best Places to Live by Seattle Metropolitan Magazine, and it’s not difficult to see why. The city abounds with great neighborhoods, parks, and school system. One of the major city’s major selling points is spectacular view of Mount Rainier and the Cascade and Olympic Mountains. Living in Kent is lively, with numerous activities available to all. There is the Kent Cornucopia Days 5k run, the Fourth of July Splash, a Centennial Center Gallery, and then there’s the City of Kent’s Arts Commission “Give Me culture” program which offers grants to public art works.
Kent is the fourth largest manufacturing center and distribution center not only in the region but in the United States. In fact it is said that the way the Kent economy goes, so goes the region. Approximately 4500 business are located here, along with almost 80,000 employees. Its gross business income amounts to $8 billion. Kent is a key complement to the global trade hub, Seattle. Many of progressive businesses that have made Washington state famous have located here, including Starbucks original roasting plant and an Amazon warehouse. The Kent valley is a prominent force in the aerospace industry with Boeing’s research facility located here, as well as hundreds of other high tech companies. Call the Kent Surety Bond Pros Today at 800-314-7003!
I have a new small business. How should I approach getting bonding? Surety bonds exist to provide safeguards for project managers on taxpayer paid projects. In some cases bonding can pose problems for new or small businesses, and for that reason the Small business Administration has created programs to assist these types of businesses. The requirements are that your business must be officially classified as “small,” you must not be able to get the bond without SBA assistance, if it is a small construction business, the subcontract or contract must not exceed $6.5 million to $10 million depending on several factors.
What are the differences between insurance and surety bonds? Both these are insurance and are regulated by the same regulators. The difference lies in the fact that insurance is about sharing risk among a pool of parties. Since risk is involved, it is assumed that at some time there will be a payout and premiums are calculated accordingly. Surety bonds on the other are much cheaper and tie up less assets than other types of underwriting because the applicant is vetted at the outset to judge his financial fitness. The simple fact that someone can be bonded is an indication that they will be a strongly likely to fulfill any obligations they have committed to. Give us a call at 800-314-7003
There are literally thousands of different Surety Bonds to guarantee the performance of businesses and individuals. The following list of are the bonds we most commonly see.
|Kent Performance Bond||Kent Collection Agency Bond|
|Kent Guardianship Bond||Kent Injunction Bond|
|Kent Payment Bond||Kent Executor Bond|
|Kent Process Server Bond||Kent DMV Driving School Bond|
|Kent Public Official Bond||Kent Sales Tax Bond|
|Kent Emissions Station Bond||Kent Fidelity Bond|
|Kent Appraisal Company Bond||Kent Replevin Bond|
|Kent Medicaid Provider Bond||Kent Honesty Bond|
|Kent Auctioneer Bond||Kent Non Resident Cost Bond|
|Kent Utility Bond||Kent Lost Title Bond|
|Kent Off Site Improvement Bond||Kent Pawnbroker Bond|
|Kent Garage Bond||Kent Sheriffs Indemnity Bond|
|Kent Notary Bond||Kent Material Bond|
|Kent Freight Broker Bond - BMC-84||Kent Talent Agency Bond|
|Kent Release of Lien Bond||Kent Supply Bond|
|Kent Lottery Bond||Kent Mortgage Lender Bond|
|Kent Appeal Bond||Kent Third Party Administrator Bond|
|Kent Race & Sports Book Bond||Kent Wage and Welfare Bond|
|Kent Warranty Bond||Kent Bid Bond|
|Kent Cost Bond||Kent Pharmacy Wholesaler Bond|
|Kent Business Service Bond||Kent Promoter Bond|
|Kent Supersedeas Bond||Kent Auto Dealer Bond|
|Kent Credit Repair Bonds||Kent Lost Instrument Bond|
|Kent Title Agency Bond||Kent DMEPOS (Medicare) Bond|
|Kent Subdivision Bond||Kent ERISA Bond|
|Kent Health Club Bond||Kent Janitorial Service Bond|
|Kent Mortgage Broker Bond||Kent Travel Agency Bond|
|Kent Insurance Broker Bond||Kent Contractor’s License Bond|
|Kent Home Health Care Bond||Kent Credit Services Organization Bond|
|Kent Used Car Dealer Bond||Kent Lost Deed Bond|
|Kent Labor Bond||Kent Employee Theft Bond|
|Kent Telemarketer Bond|