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Washington Contractors License Bond

All types. All states. The very best solutions for your surety bond needs.
Worker using a small-tracked excavator to dig a hole to fix a water leak.

A Washington contractors license bond ensures that businesses offer high-quality services to customers and are held accountable for their services.

Key Highlights

  • Getting licensed and bonded in Washington state is important for any business.
  • A Washington contractors license bond provides a much-needed cushion against damages that can arise when you're unable to fulfill the terms of a contract that you signed with the customer.
  • The bond also protects the business itself from incurring hefty costs from customer claims when they fail to fulfill the terms of the contract.

How do I purchase a Washington contractors license bond?

NFP, the nation's largest and most reliable surety company, is authorized to issue Washington contractors license bonds
 in each of the 50 states. We can provide the best rates for your bond, as well as the fastest issuance, to get your business off and running.

Our short online application makes it easy. Click below to start the application process today.

Washington Contractors License Bond FAQs

A Washington contractors license bond is a type of surety bond that is designed for contractors. A contractor is basically any type of business that operates primarily by issuing a contract to a customer. The contract stipulates that the business will deliver a specific service and that the customer will pay a specific amount.

Contractors include businesses such as construction companies, electricians, plumbers, and general contractors, among others. In most cases, a customer who approaches a contractor to request a particular service will want to ensure that the business actually adheres to the terms of the contract.

There are three main types of contractor surety bonds in Washington. These include:

Construction Bonds: A construction bond is a type of surety bond that is issued by a construction company to the owner of a building project. The primary purpose of the bond is to ensure that the construction company completes the project to the required standards.

Contractor License Bonds: For any business that requires a license from the Washington state government in order to operate, they will also most likely be required to have a contractor license bond. This surety bond protects the customers of plumbers, insurance brokers, vehicle dealers, electricians, etc., against negligence in the services that they receive. 

Fidelity Bonds: A fidelity bond is a type of Washington contractors license surety bond that is issued by businesses to protect against the actions of their negligent employees. Businesses in Washington that assign employees to work in a home or to deliver a specific service are at risk of damages caused by those employees. The fidelity bond allows such businesses to cover themselves from these risks. 

The rates of different types of contractor surety bonds in Washington vary with the type of business and the bond that will be required.

Getting licensed and bonded in Washington state is important not only for the operation of your business but also to ensure that you abide by state laws. A contractor bond in Washington State will ensure that your business is covered against the risk of hefty claims made by dissatisfied customers. It will also protect your business from any damages caused by employees while working for your company.

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Browse all of our surety bonds below or connect with the expertise and guidance of one of our surety bond specialists.

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All Types. All States. The very best solutions for your surety bond needs.