Washington State Bonds
At Elliott Insurance Service we pride ourselves in being Washington’s leading insurance experts. Our extensive knowledge and years of experience has led us to specialize in combating diverse risk exposures by providing unique products such as Washington State Bonds.
Performance bonds are distinct due to the fact that they help to encourage business, support economic development, and protect consumers, taxpayers and businesses in a variety of ways. This type of bond is also known as a surety bond. Washington State businesses benefit from performance bonds that are known for:
- Assuring the completion of a variety of construction projects; i.e. schools, roads, office buildings, hospitals, etc.
- Facilitating compliance with state laws and regulations
- Protecting against breach of fiduciary, or government-backed, responsibilities
- Guaranteeing the payment of contractors
In regards to this level of coverage, there are thousands of classes of Washington bonds available. For example, contractors often require a particular class of surety bonds called “Performance and Payment” bonds. Typically, the common element to all surety bonds is that a bond is a financial or performance guarantee.
A surety bond in Washington State is critical to protecting your business and safeguarding your livelihood- and our bonding experts can provide the following:
- Bid/Performance and Payment Bonds
- Licensee Bonds
- Court and Fiduciary Bonds
- Public Officials Bonds
- And more…
As your premier independent Washington insurance agency we have access to major bonding companies giving us the opportunity to secure the most convenient, confidential surety bond in Washington State.
Interested in learning more? Contact Elliott Insurance Service today and speak with one of our trusted agents. We can help you obtain the security you’ve been looking for.