Find out about your surety bond options when you call Pro Surety 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. Discover how easy it is to get a bond by calling 800-314-7003. We think you’ll find the experience a good one. Call the Kapaa Surety Bond Pros at 800-314-7003!
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Call 800-314-7003! What is a surety bond? A surety bond is really an agreement, an agreement between three parties. Say you are an auctioneer in Hawaii. In this state auction regulators require that auctioneers take out a bond to act as a kind of insurance that will guarantee to regulators that auctioneers will do business in good faith. In this case regulators are known as the Obligee, and the auctioneer is the Principal. The surety company is the third party, and if the principal does something worthy of being penalized, the obligee can fine them or make a claim against the bond as a penalty. If the surety decides that the claim is valid, it will pay it, but the principal will still have to pay the penalty back to the surety. Pro Surety Bond has over 25 years of combined industry experience fulfilling people’s bond requirements, one great quote at a time, and that includes those with lesser credit. Call 800-314-7003!
Bidding Opportunities in Kapaa
If you are bidding on public projects for the City of Kapaa 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.
Kapaa, Hawaii, population 10000, is a community in Kauai County. The name comes from a Hawaiian adjective meaning “solid,” presumably meaning “strong” or a similar idea. There is not much to do in Kapaa, as the community and surrounding area is known mostly for it outdoorsy activities. There is Kauai Path, widely believed to be one of the best walking and biking paths in the state, Lydgate State Park with its mellow and laid back style, and the usual kayaking and canoeing. Kapaa is probably most famous for the Nounou trail climbs, popularly known as the “Sleeping Giant,” which offers a most spectacular view of the Ocean, the Wailua River, Mt. Waialeale.
The County of Kauai Office of Economic Development’s mission is to partner with community business leaders to create economic opportunity in order to develop a stable and healthy economy which will incorporate new emerging technologies into the economy, while providing technical and financial support to companies, both big and small. Efforts include development of Nihau renewable power technologies, in particular a photovoltaic power and battery storage facility to provide 24 hour power to the computers, lights, printers, and refrigerators at Nihau School. Past successes include a military base that brought almost 1000 new jobs and an annual budget of $80 million to $100 million a year into the economy. Call the Kapaa Surety Bond Pros Today at 800-314-7003!
Is a surety bond the same thing as insurance? The short answer is no. Surety bonds are in fact a type of insurance, and the surety bond industry is regulated by insurance regulators, but the difference lies in who is covered. Put simply, insurance covers YOU. You pay premiums, and if you need coverage the insurance company pays. Surety bonds, on the other hand, cover the party who asked you to buy it. If you are a contractor on a large project, you will need a bond to cover the project owner if you can’t finish the job. The surety company will pay, you will need to pay them back. Think of surety as a short term loan to solve an urgent need.
The Real Deal In Kapaa Surety Bonds
I have a janitorial business? Do I need a bond in case my employees steal something? Employee theft, as well as injury of others damage of property by your employee is a problem, and many businesses that send employees to another place of business are vulnerable to a bad reputation that such employees can cause. In many places fidelity bonds, sometimes known as dishonesty insurance, are not legally required, but it can be a good idea because it shows your client that he has reliable recourse should the unfortunate happen. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Kapaa, HI
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.