Yakima, WA Surety Bonds

The agents at Pro Surety Bond have the surety bond you need at the price you need it. 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. 800-314-7003 is the only number you need for a surety bond. We think you'll be pleased with what how we do business. Call the Yakima Surety Bond Pros at 800-314-7003!

Same Day Yakima City Bond Rate Quotes

Call 800-314-7003! How do surety bonds work? Surety bonds occupy a unique position within the insurance industry in that when one enters into a surety agreement, there are three parties involved: someone (the obligee) is the party that needs a guarantee from someone else (the principal), that the principal will fulfill some obligation, with the guarantee being provided by the surety (the obligor). The obligee requests the bond and the principal approaches a surety for a bond. The surety in turn does a background check on the principal to see how riskworthy they are. If they are considered a good risk, they issue the bond. If the principal does not come through on the obligation, the obligee can make a claim on the bond. The surety will make a decision on whether the claim is valid and if it is it pays the claim. The surety then pursues the principal for the funds it has paid out. Pro Surety Bond has over 25 years of combined industry experience and we can put that experience to you, whether your credit is good or bad. We have something for just about everyone. Call 800-314-7003!

Bidding Opportunities in Yakima

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

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Yakima Finance Department

129 N. 2nd Street
Yakima, WA 98901
Phone: 509.575.6093
Map to Finance Department

The Palm Springs Of Washington

Yakima is a city in the center of Washington state. The origin of the name is not certain, but one local legend suggests that it was the name of the daughter of an Indian chief. The first expeditions here were in 1805 by Lewis and Clark who spoke of the rich soils and abundant wildlife. In 1847 a mission was established, and an army garrison was set up in 1858 to deal with the Indians. Yakima City was finally incorporated in 1883, but shortly thereafter a dispute between the railroad and the landowners caused the entire town to move about 4 miles north of the original site. When we say move we mean that physical buildings, about 100, were literally pulled up and across 4 miles by horses with the buildings on rolling logs. That’s some pioneer spirit. Yakima is rather literally the center of Washington state in all respects including culture, business health services, education and government. Yakima residents enjoy a relatively low cost of living and beautiful weather. Yakima gets about 300 sunny days a year and very little rain, about 8 inches to be exact. The summer temperatures rarely go above 90 degrees so it’s quite cool. The average winter temperature is about 35 degrees so it’s best to take that into account if you are thinking about moving there.

Yakima has a strong business and incentives assistance program that assists economic development in the community with a number of programs that include the Washington state community empowerment zone program which offers sales tax deferrals, the supporting investment in economic development fund a grant loan program for installing public infrastructure, and the section 108 loan a federal loan guarantee for certain economic activities. Yakima also can take advantage of the location, being in the middle of Washington state. It is about 140 miles to Seattle, 180 miles to Portland and 200 miles to Spokane, the capital of the state. Call the Yakima Surety Bond Pros Today at 800-314-7003!

When a claim is made, who has a better chance, the obligee or the principal? Bond claims are a sticky subject, and this question is comes up often. Many believe that the surety claims people are biased toward the principal because he bought the bond, and often the principal has the same expectations. The reality is different, however. Even though the surety bond is paid for by the principal, the principal is not the customer and the surety has no particular fidelity to the principal on that account. One must remember that since the obligee has ordered the bond, and is one of the parties that must sign the agreement, he has just as much moral claim to being the “customer” as the principal. Nevertheless, the surety claims personnel are committed to treating each side equitably.

Yakima Surety Bonds For The Most Trustworthy

What are commercial bonds? Commercial bonds exist mostly to enforce laws and regulations, and for that reason they are necessary to receive a business license in most if not all states. They are a good for the obligee, the party asking for the bond, because he gets a solid promise that an obligation will be fulfilled, and they are good for the party that buys the bond because they do not have to get insurance or letters of credit to back up their word. There are a great number of commercial bonds, including alcohol tax bonds, business service bonds, janitorial bonds, lottery bonds and sales tax bonds to name just a few. 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.