Bonds


Bonds Information

What is a bond??

We specialize in auto dealer insuranceDealers must be bonded to be licensed.   The best description and explanation of the required surety bond can be found on the Oregon DMV's website.  https://www.dmv.org/buy-sell/car-dealers/surety-bonds.php so I will not repeat it here.

What is a bond and what does being bonded mean?

Being bonded gives issuers the ability to leverage business growth. With the increased stature of having the insurer’s credit rating, a business can feel safer in taking risks to improve and grow the business. This is especially true in the construction and financial industries.

A bonded business can obtain unbiased criticism from a credit professional and seek advice in underwriting projects.

Some bonds we handle include, but are not limited to, the following:

  • Contract performance bonds
  • Bid bonds
  • Maintenance bonds
  • Payment bonds
  • Supply bonds
  • License and permit bonds
  • Miscellaneous bonds

Get started today!

Contact us today, and we can answer any questions you have about bond insurance. 

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