Call the competition, but call Pro Surety Bond when you’re ready for a good deal. 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. One call to 800-314-7003 is all you need to do. We think of our work with our clients as a partnership. Call the Shoreline Surety Bond Pros at 800-314-7003!
Call Now For A Shoreline Surety Bond
Call 800-314-7003! What are surety bonds? You have often seen the term “bonded” in various advertisements and job descriptions, but most people don’t know what it means. Actually it’s a lot more important than it might seem. Surety bonds are a three way agreement, the party requesting the bond, the party that is being requested to buy the bond and the surety company. The first party, the obligee, wants a bond from the second party, the principal, to ensure that the principal will accomplish some function—to collect sales tax for the department of taxation for example. The bond serves as a sort of guarantee that the principal will do so. The surety is the middleman party that actually does the guaranteeing in that they make sure that the department of taxation gets its deposits. Pro Surety Bond has over 25 years of combined industry experience supplying great rates for all our clients, good credit or bad. Call 800-314-7003!
Bidding Opportunities in Shoreline
If you are bidding on public projects for the City of Shoreline 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.
Shoreline, Washington is a medium sized city about 9 miles north of the midtown of and is contiguous with the City of Seattle. The city of Shoreline was platted in 1890 in anticipation of the arrival of the Great Northern Railway. The name comes from the informal name that had already been applied to the school district that lay on that stretch of beach in King County, at that time unincorporated. It had the opportunity to incorporate with Seattle, but the residents wanted a little more self determination and responsive government and so opted for local control. Shoreline has maintained a conservative budget philosophy which has served it well. For instance, the Council uses moneys from unstable revenue to use as one time capital improvements, as opposed to using it for things that require continuing funding. The city was not formally incorporated until 1995.
Shoreline, Washington has a host of initiatives and incentives developed to promote property tax exemption on improvements for those who build four or more new or upgraded multifamily units, develop the area around the town center, or develop in the Mixed business zone area. The town Center District was developed specifically to provide a walkable commercial area that would serve as a mixed used zone, and an aesthetically pleasing yet economically viable commercial district that would incorporate innovative zoning with environmental sustainability. Call the Shoreline Surety Bond Pros Today at 800-314-7003!
What are the differences between insurance and surety bonds? To be sure both are types of insurance, but insurance is designed and priced according to the amount of risk involved in underwriting the insurance. Since risk is assumed, payouts are expected. With surety bonds, as much as care is possible is taken to make sure the bond purchaser will not need a payout. This sounds odd, since payouts are a possibility in both cases, but surety bond pricing errs conservatively, on the side of certainty that the bond purchaser is unlikely to need a payout.
Get The Latest Info On Shoreline Surety Bonds
Do I have to verify my bond in any way? If you want to be an informed consumer, it’s a good idea to verify the authenticity of your bond before you purchase. It’s not difficult and can pay off in the long run. The first thing you can do is contact your state insurance commissioner for the list of sureties that are licensed in your jurisdictions. In some cases the list is on the site. The second thing you can do is contact your surety to verify that the bond has been authorized. There is a program endorsed by the Surety and Fidelity Association of America that allows consumers to inquire about the validity of their bond. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Shoreline, 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.