Surety Bonds in the State of Washington
There are two main reasons why a surety bond is required:
- To guarantee the fulfillment of obligations
- To settle a claim that may arise due to non-fulfillment of obligations
Surety Bond Authority is ready to provide those to you through a surety bond. We have been partnering with various entities from all over the country including the State of Washington for 30 years. We have an exemplary track record in providing Washington surety bonds that meets the legal requirements of the state.
A surety bond is an indemnity contract that binds three parties: Principal, Obligee, and Surety. We, as the Surety, will partner with you, the Principal, in providing the assurance that the Obligee requires. We are liable for any losses sustained by the Obligee because of the Principal’s default. If such happens, we are capable of settling the claim under the terms of the bond. However, it is our duty to the Principal to investigate a claim first before it is settled.
Get to know more by clicking on the Washington surety bond that you need on our list.