Lake Stevens, WA Surety Bonds

Call now for a fast and free bond quote from 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. All it takes is one call to 800-314-7003. You’ll be speaking to a bond specialist in no time. Call the Lake Stevens Surety Bond Pros at 800-314-7003!

Get The Lake Stevens Surety Bonding You Need.

Call 800-314-7003! What are surety bonds? Let’s say someone made a promise to you and offered to back up that promise with their own money. That’s essentially how a surety bond works. If you are in the, say , auto sales business, there are regulations in place to encourage you to do business honestly, and when you do business you are promising to uphold those regulations. But industry regulators would like something to guarantee your word, and for that purpose the surety bone was invented. The main things to remember here is that it is the surety company that does the upholding of the promise, and that the surety bond covers regulators, not the purchaser. Pro Surety Bond has over 25 years of industry experience, and we can put it to work for you, even without great credit. Call 800-314-7003!

Bidding Opportunities in Lake Stevens

If you are bidding on public projects for the City of Lake Stevens 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.

Click Here for Bidding Opportunities for the City of Lake Stevens

Lake Stevens Finance Department

1812 Main St.
P.O. Box 257
Lake Stevens, WA 98258
Phone: (425) 334-1012
Map to Finance Department

Lake Water, Great Schools And Sunshine

Lake Stevens, Washington is believed to have been named after Lake Stevens, the lake on which it was built. Lake Stevens got its start as a homestead of 160 acres, and was originally called “Ferry.” Timber was the first industry, but by the 1920s and through to the 1950s the city was a lake resort. In 1960 the city incorporated, and although the resort draw had faded some, the lake remains the main attraction. It has a pleasant mix of older and newer homes, with few mass developments so it retains a rural feel.

Diversifying the economy is one of the biggest economic development goals that Lake Stevens has set for itself. Their strategy includes building fiscal strength which will allow for investment in the infrastructure, an essential for attracting investment; attracting retail which is expected to increase sales tax revenue; develop the downtown area, and create more industrial areas for manufacturing and other interests. Lake Stevens has plenty of amenities and public services that it thinks will attract those investors, including great schools, parks and libraries. Call the Lake Stevens Surety Bond Pros Today at 800-314-7003!

What do surety producers do? Surety producers are like the middlemen of the surety industry, the people who hook the bond purchaser with the underwriter. It’s possible to directly do business with the underwriter, but it’s fairly rare. Bond producers can perform a host of services though, reviewing financial documents for you to make sure you have to right ones for a good premium, recommend a surety bond rate for you to the underwriter, and offer advice to the purchaser on how to increase his bonding capacity.

Your One Stop Lake Stevens Surety Bond Information Center

What do surety underwriters do? You have to keep in mind that surety bonding exists to prevent defaults on the part of the purchaser, and use that as the starting point. Underwriters take the documentation submitted by the applicant and determine the likelihood of default on a contract. When an underwriter declines surety coverage, particularly in surety bond intensive industries like construction, it should be interpreted as a red flag for the applicant, because it could mean that his business is getting out of control. Underwriters are in a better position to gauge industry trends than regular liability insurance providers and are able to discern things the contractor cannot see often. Give us a call at 800-314-7003

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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.