The Washington Service Contract Provider Surety Bond is required by the Office of the Insurance Commissioner of the State if Washington. Those who apply as a as a Non-Vehicle Service Contract Provider must submit a surety bond in order to legally operate in the state.
According to the Revised Code of Washington Chapter 48.110 that no person can act or offer to act as a service contract provider in the State of Washington unless they have a valid registration issued by the state commissioner. Service contract providers are those that may offer services for the repair of vehicles, including tire and wheel, paintless dent removal, windshield chip crack repair or replacement and motor vehicle key or key fob replacement. Also included under providers are those that deal with residential utilities like water, sewer, etc.
Some of the requirements that need to be submitted include the legal formation documents (LLC certificate, Articles of Incorporation), a Certificate of Good Standing from the Washington Secretary of State and a complete organization chart that should show all affiliates of the applicant and the percentage of ownership of every company. You can access the Service Contract Provider Application Packet from the website of the Office of the Insurance Commissioner.
For those who would like to register as a non-vehicle service contract provider, Washington Service Contract Provider Surety Bond must also be included in the application. This bond is needed in order to ensure that the contract service provider will fulfill all the promised services to the contract holder.
Surety Solutions Insurance Services, Inc can provide the bond and the process will not take long. All you need to do is complete this easy to navigate, online application form and one of our experts to call you with a firm quote for the bond, ususally within one business day or less.
Surety1 is licensed to do business in all 50 states and we have been in the business since 2003. The company is rated A+ by Better Business Bureau and represents over a dozen “A” rated surety companies.