Surety Bonds for Contractors and Commercial Service Firms

We place license and permit bonds, contract bonds (bid, performance, and payment), and business service or fidelity bonds. Trades we regularly bond include carpenters, electricians, flooring contractors, plumbers, painters, and HVAC contractors. Service firms — cleaning, repair, and moving companies — often need a service bond to open a commercial account.

License bonds are the most common request we see from Washington and Oregon contractors and from municipal permit desks in every state we serve. The penal sum is set by the statute or the permit, not by us. Underwriting is a credit and experience review; a new LLC with a thin personal credit file should expect questions, not a surprise decline the morning of a bid.

Contract surety is a different conversation. Bid, performance, and payment bonds for public work and larger private jobs require work-in-progress schedules, financial statements, and a bank letter. We introduce that process early so bonding capacity is in place before you chase a job you cannot bond.

Fidelity and business service bonds respond when an employee or the firm causes a covered financial loss to a customer. They are often required by property managers and retailers who hand you keys. They are not a substitute for a crime policy on your own funds, and they are not general liability.

• License and permit bonds Contractor registration, municipal permits, and trade licenses in the states we serve.
• Contract bonds Bid, performance, and payment bonds for public and private construction.
• Service and fidelity bonds Cleaning, repair, and other service firms that handle keys, occupancy, or customer property.
• Insurance and surety together The same broker who already knows your GL and WC file can usually move a bond faster.