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What is a Washington State Surplus Lines Broker Bond?
In Washington State, the Surplus Lines Broker Bond is required for individuals or business entities that are seeking to be licensed as a surplus lines broker. The purpose of this bond is to ensure that a surplus line broker will fulfill his duties adequately by acting responsibly and with honesty in all dealings so as not to bring discredit on himself, the state agency issuing this license, or any other party involved. If you have been considering starting your own brokerage company but don’t know where to start, contact us today!
Do you need a bond for your business?
Swiftbonds is the best place to get a Washington State Surplus Lines Broker Bond. We offer fast and easy bonding services at competitive rates with no hidden fees or costs. Get bonded today!
A Washington State Surplus Lines Broker Bond from Swiftbonds will help protect your company's assets and ensure that you can maintain operations in case of unforeseen events such as lawsuits or bankruptcy. Contact us now to learn more about our process and how we can help you!
Contact us for more information on getting bonded by Swiftbonds!
Why is the Washington State Surplus Lines 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. Get a Cheney, WA – Right of Way Permit Bond.
How does a Washington State Surplus Lines Broker Bond work?
Getting a Washington State Surplus Lines 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. Find a Washington State Registered Waste Tire Carrier $10,000 Bond.
How much does a Washington State Surplus Lines Broker Bond cost?
Washington State Surplus Lines 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 Surplus Lines 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. Have a Washington State Title Insurance Agent $10,000 Bond.
How to get your Washington State Surplus Lines Broker Bond?
Would you like to know the first step in getting your Washington State Surplus Lines 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. Need a Washington State Weighmaster $1,000 Bond.