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What is a Washington State Insurance Broker Bond?
The Insurance Broker Bond is required to provide surety for those who deal directly or indirectly with an insurance company. The bond protects both the people of Washington as well as any named insured that could be involved in a claim, and it can only be written by license holders within this state.
Do you need a bond for your company?
Swiftbonds is a leading provider of surety bonds. We offer the best rates, fastest service, and most professional customer service in the industry. Our goal is to make sure that we are always there when you need us.
If you’re looking for an easy way to get bonded quickly, call or email us today! We can help with any type of bonding requirement – from construction site safety to general liability insurance. You can even apply online! It only takes minutes and it's completely free.
Get started by filling out this form now!
Why is the Washington State Insurance Broker Bond required?
Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Need a Washington State Weighmaster $1,000 Bond.
How does a Washington State Insurance Broker Bond work?
Getting a Washington State Insurance Broker Bond means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. See a Washington State Surplus Lines Broker Bond.
How much does a Washington State Insurance Broker Bond cost?
Washington State Insurance Broker Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get a Washington State Insurance Broker Bond with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Here's a Washington State Investment Adviser Bond.
How to get your Washington State Insurance Broker Bond?
Would you like to know the first step in getting your Washington State Insurance Broker Bond? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Read a Washington State Structural Pest Inspector $25,000 Bond.
