Be sure to call Pro Surety Bond before you make a decision on a bond provider. 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. There’s no better time to call 800-314-7003. We think you'll enjoy speaking with our agents.Call the Bellingham Surety Bond Pros at 800-314-7003!
Bellingham Surety Bonds At Their Finest Premiums
Call 800-314-7003! Surety bonds are not conceptually difficult to understand. You can think of them as a sort of collateral that you put up to back up your word to fulfill some obligation. Let's say you own an electrical contractor business. There are many regulations in place for that industry that mostly govern safety, wages and generally force you to show that you are doing business in good faith. If you break the regulations the city, county or state can fine you. But they don't want people running out without paying their fines by declaring bankruptcy, or trying to get out of it some other way. Just to make sure that they get their due, they require most businesses to take out a surety bond. Keep in mind that a surety bond covers them and not you. Pro Surety Bond has been cultivating connections with business owners in Bellingham for many years, and they'd like you to be one of their customers as well. Call 800-314-7003!
Bidding Opportunities in Bellingham
If you are bidding on public projects for the City of Bellingham 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.
Bellingham, Washington was named after the namesake bay it lies on, which in turn was named after a Sir William Bellingham who served in the Royal Navy. The first settlement on the site was named Whatcom, the Indian word for "noisy water." Like much of the west coast Bellingham didn't begin growing until the gold rush, and Whatcom became an ideal place to accoutre the miners. Later in the 19th century coal was discovered which led to another boom. Over the course of the years Bellingham began incorporating numerous other surrounding towns creating the city that we know today. These days Bellingham is known as a great place to raise kids, and a great place even if you don't have kids. Many of the public school are highly ranked and have lower than average student teacher ratios. However there are a lot of people who move to Bellingham who have just gotten out of college and they find the reasonable rents to be highly desirable. It’s got a little something for everyone.
The largest employers in Bellingham include PeaceHealth Saint Joseph Medical Center with over 2700 employees, Western Washington University with about 1600, and the Bellingham School District with about 900. The economic development department has a goal of attracting and retaining jobs to the area not just to Bellingham but in Joaquin county at large. They wish to promote the area as an ideal place to do business by providing access to economic development resources, and by working closely with the business community in order can create a better and brighter future for Bellingham. Industries which have taken advantage of these attractions include the Maritime Traits, cleaning technology firms, high quality food processing firms and even a few Canadian companies have expanded into the area. Call the Bellingham Surety Bond Pros Today at 800-314-7003!
Opening a small business in Bellingham sounds like a great opportunity, and if you’re doing so you should be prepared to find that you need surety bond as a condition of being licensed. You may be wondering how many others are in the same boat as you. Are you an aircraft dealer? If so there are regulations that govern safety among other things. Do you own a business that sells checks? Any business that handles money is going to be highly regulated. Are you a cigarette wholesaler? If so there are regulations that govern the way the cigarettes are transported, taxes are collected, etc. These are all fairly obscure industries, but they all have one thing in common and that is that they require a surety bond in order to be licensed. So if you find that you need one just remember that you’re in good company.
Pro Surety Bond Is Your One Stop Bellingham Surety Bond Resource
What happens if someone makes a claim against my bond? Will I be covered? The answer to that is yes but it’s a qualified yes. The way the surety bond industry works is that you apply for the bond and the surety company does a financial background check on you. If someone makes a claim on the bond the surety company pays the claimant, assuming the surety judges that claim to be justified. However just because the surety bond pays the claim doesn’t mean you’re off the hook. Surety bonds are a type of insurance, yes, but they are a form of insurance to cover the party that asking for. In other words the surety company will pay the claim, but you will still have to pay them back, and that’s why they’re so cheap. You put up a little money and get a lot of coverage. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Bellingham, WA
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.