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Insurance Bonds

If you need an insurance bond to bid on or get hired for a new job call us. We’re insurance bond experts and we’ll get it taken care of for you… Fast! 

Call us today! 503-728-4391

What is an Insurance Bond?

An insurance bond ensures contract completion in the event of contractor default and are typically required by project owners when seeking a contractor to fulfill a contract.

The contractor obtains a bond so the insurance company is obligated to compensate the project owner for the financial loss incurred if the work is not completed. ​

Typical Insurance Bonds

Although there are many types of insurance bonds, the four most common types needed by business owners are:

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Bid Bond

Ensures the bidder on a contract will enter into the contract and furnish the required payment and performance bonds if awarded the contract.

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Payment Bond

Ensures suppliers and subcontractors are paid for work performed under the contract.

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Performance Bond

Ensures the contract will be completed in accordance with the terms and conditions of the contract.

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Ancillary Bond

Ensures requirements integral to the contract, but not directly performance related, are performed.

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CLATSKANIE BRANCH

Address: 225 E Columbia River Hwy,
Clatskanie, OR 97016
Phone: (503) 728-4391
Toll-free: (877) 362-4391
Fax: 503-728-3113
Hours: 8:00AM-5:00PM

Mailing Address: P.O. Box 777, Clatskanie OR 97016

Scappoose Branch

Address: 52381 S Columbia River Hwy,
Scappoose, OR 97056
(InsideWauna FCU)

Phone: (503) 543-5636
Hours:: 8:00AM-5:00PM
Fax: 503-728-3113

Mailing Address: P.O. Box 777, Clatskanie OR 97016

Portland Branch

Address: 123 E Powell Blvd, Suite 207, Gresham, OR 97030
Phone: (503) 728-4391
Hours:: 8:00AM-5:00PM
Fax: 503-728-3113

Mailing Address: P.O. Box 777, Clatskanie OR 97016

 

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