Licensed, Bonded, and Ready to Win More Work
A surety bond is a legal guarantee that you’ll fulfill a contractual obligation. If you don’t, the bond compensates the other party. Many businesses — especially contractors — are required to be bonded before they can work.
SafeInsure helps businesses of all sizes get the bonds they need quickly and at competitive rates.
How a Surety Bond Works
Three parties are involved:
- The Principal — the business or individual that must perform the obligation
- The Obligee — the party requiring the guarantee (a client, government agency, or licensing board)
- The Surety — the insurance company that backs the bond and compensates if the principal fails to perform
Types of Commercial Bonds
- Contract Surety Bonds — Required on construction and public works projects. Guarantees that a contractor will complete a job according to the contract terms. Common types include bid bonds, performance bonds, and payment bonds.
- Commercial Surety Bonds — Required by government agencies for licensing and permitting. Covers a wide range of industries — from auto dealers to mortgage brokers to notaries.
Who Needs a Bond?
Contractors, subcontractors, service businesses, and anyone required to be licensed and bonded by the state of Washington.
Get Your Bond Online
If you already know which bond you need, use our instant bond portal. Search by state or bond type, apply online, and get a decision without waiting for a callback — many bonds issue instantly.
Not Sure Which Bond You Need?
Call (206) 402-6793 or fill out the form. We’ll help you identify the right bond and get you covered fast.
Frequently Asked Questions
What is an independent insurance agent?
An independent insurance agent works with multiple insurance carriers — not just one. That means we can shop the market on your behalf and find the coverage that best fits your needs and budget, rather than being limited to a single company’s products.
How much does it cost to get a quote?
Nothing — quotes are always free and there is no obligation. Because SafeInsure is an independent agency, we shop your coverage across multiple top-rated carriers and bring you the options that fit your needs and budget. You can request a free quote online or call us at (206) 402-6793.
Do you speak Vietnamese?
Yes. SafeInsure is a woman-owned agency that serves the Seattle and Washington community in both English and Vietnamese, so you can review your coverage and ask questions in the language you are most comfortable with.