Why not take the time right now to 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. A simple call to 800-314-7003 and you’ll have that surety bond. And remember: our agents are here to take your questions. Call the Waianae Surety Bond Pros at 800-314-7003!
Do You Have A Waianae Surety Bond Requirement?
Call 800-314-7003! What is a surety bond? If you came here looking for that answer, we can give you a quick explanation here. A surety bond is a three way agreement between three parties, the obligee, the principal, and the surety company. Let’s say you are a roofing contractor (the principal). There are regulations put in place by the government (the obligee), and if you break them you can be fined. In order to ensure that any potential fines can be paid, the obligee requires that the principal take out a bond. If a claim is made against the bond, the surety in turn will investigate whether the claim is valid, and if it is it will pay it. However, the surety will now approach the principal for reimbursement. Pro Surety Bond has over 25 years of combined industry experience, filling bond requirements for people like you, and we’re here, good credit or bad credit. Call 800-314-7003!
Bidding Opportunities in Waianae
If you are bidding on public projects for the City of Waianae 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.
Waianae, Hawaii, population 13,000, is a community in Honolulu County on the island of Oahu. Waianae is one of the best kept secrets in Hawaii. If you think you’d like to live in Hawaii but think it’s too expensive, you might want to look at the Waianae coast. Most people don't know much about it, but it’s got some of the most affordable housing in the state, and it has the further distinction of being one of the last holdouts of sub/urbanization. The entire area constitutes the remnant of old rural Hawaii. Waianae’s median housing is about 40% lower than the rest of Hawaii, yet the median home price is about 70% higher than the rest of the united states. Waianae is on the leeward side of the island, and that means no cloudy days, but not much rain either. Locals sometimes refer to its desert vibe and compare it to places like Palm Springs.
Economic development on the Waianae coast has been brisk in recent years. As with so much of Hawaii, tourism is the mainstay of the community and so keeping that industry stoke is a top priority. To combat the reduction in tourism, the community has in the past worked with the Hitachi Foundation to develop a community based tourism program. Today the Waianae Economic Development Council is in charge of keeping the economy of the Waianase Coast alive and thriving. Some of the measures they are taking in the development of infrastructure, which in turn is expected to help local businesses reach their potential. Call the Waianae Surety Bond Pros Today at 800-314-7003!
How do I know a surety provider is on the up and up? It’s important for anyone in search of a surety company to do a little research before jumping in. A simple search engine search will often reveal a lot. On the other hand, if you see no trace of the company at all in a search, that should send up a red flag. Since there have been problems with bond fraud in the past, there are now federal regulations that require individual sureties to pledge their assets in order to ensure that they can pay their bond obligations. The best way to make sure that your surety is obeying these regulations is to check with your jurisdiction’s insurance regulators.
Your Go To Source For All Things Waianae Surety Bond Related
Is a surety bond insurance? The cop out answer is yes and no. Yes surety bonds are a type of insurance, and sureties are regulated by exactly the same agencies that regulate “regular” insurance. What surety bonds are not, is an insurance policy. Some people believe that if a claim is made against their bond, then they are covered. They are not covered, but the party making a claim on the bond IS covered. Surety bonds are indeed insurance, but it will more helpful to think of them as a form of short term credit in case you need to make a payout. When a claim is made and approved, the surety company in a sense loans you the money, but you have to pay the surety back. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Waianae, 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.