Why call anyone else after you speak with Pro Surety Bond about your next 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. Call 800-314-7003 to speak with someone who cares about surety bonds. You’ll appreciate how much work we put into our jobs. Call the Sammamish Surety Bond Pros at 800-314-7003!
Call Pro Surety Bond For Your Sammamish Surety Bond Needs
Call 800-314-7003! What are surety bonds? Surety bonds are commonly required as a requirement before a small business owner can get a business license. It’s not likely however that anyone has explained them to you. To put it simply, surety bonds are put in place to reinforce the licensing laws and code observance that govern your industry. If you own an auto dealership for instance, state regulators want to bond as a monetarily backed guarantee, paid by the surety if necessary, that you will conduct business in an honest and above the board manner. Remember that surety bonds do not protect you, but the government regulators that require it. Pro Surety Bond has over 25 years of combined industry experience, putting packages together for all our clientele, good credit or bad. Call 800-314-7003!
Bidding Opportunities in Sammamish
If you are bidding on public projects for the City of Sammamish 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.
Forbes magazine and nextdoor.com put Sammamish at the top of the list of friendly places with populations under 150,000. The ranking was reckoned by percentage of owner occupied homes (90%), the crime rate (an astounding 90% below national average), charitable giving, and percentage of college graduates, alone with surveys of residents. Alas, with the good comes the bad: it’s expensive living here, and the median home value is over $500,000. Residents say that there is no more welcoming place than Sammamish. And when you include the vast number of community events, like the weekly farmer’s market, the Jazz Music Festival, and Shakespeare in the Park, you can understand why they city’s motto is Building Community Together.
Sammamish is committed to growing and promoting the quality of life of its residents in a responsive and consistent way so as to protect the welfare of the people and encourage a community vision of prosperity. Officials hope this will create a long range vision designed to provide a framework for specific applications like making better use of the land within the city, annexing surrounding areas, and reviewing the major applications of environmental policy. Economic and environmental stability and sustainability are part of a larger strategy that will steward the community’s resources while minimizing costs. Sammamish is otherwise an economically healthy place to live: the unemployment rate is low compared to the rest of the United States, with Sammamish having about 5% thanks to major corporate entities located here like Costco, Starbucks and Microsoft. Call the Sammamish Surety Bond Pros Today at 800-314-7003!
Are surety bonds insurance? Well, surety bonds are indeed a type of insurance in the respect that bonds and insurance both provide coverage in case of the unforeseen; they are legally considered insurance and are both regulated by the insurance commissioner in most states. Other than that however it’s more useful to think of surety bonds as a form of short term credit. When you sign a surety bond agreement, the surety company is the party that backs up the guarantee and fronts the money in the unlikely event of a payout.
Call The Only Sammamish Surety Bond Provider You Need
I know credit score in important for bonding capacity. Is there more to it? Credit score is certainly important to bonding capacity, but sureties are realistic and understand that many have been hit adversely by the economic problems of the last few years, and there are measures you can take to increase your ability to get bonding, even without great credit. Having strong financial statements goes a long way, because it shows that you are low risk to the surety underwriter. Having ample liquidity is important also. Make sure you collect as many funds owed to you before applying, because uncollected debts will not generally figure into your premiums. One of the best things you can have is a solid resume in your industry, because it shows that you are reliable. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Sammamish, 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.