What is a Union Wage & Welfare Bond?
You are required to get a bond to protect the union employees that you hire. If you do not pay the union employees their dues, a claim can be filed on your bond. If you would like to learn more about what surety bonds are and how they work, you can read our detailed guide here.
What will your bond cost?
Bond costs are a small percentage of the bond amount and vary by applicant, bond amount and bond type. You can get a general idea of costs using our instant cost estimate tool. If you're ready for a firm quote, you can apply and get an exact quote instantly online.
Why our rates are so low
When it comes to surety bond insurance, there is safety in numbers. As the largest volume surety bond writer in the country, we are able to obtain the lowest rates from the strongest bonding company partners.
Frequently Asked Questions
Apply and get approved on our website, sign the surety agreements, and we will ship the bond out. If you would like to learn more about what surety bonds are and how they work, you can read our detailed guide here.
Yes, it’s possible, but bad credit usually results in higher rates.
Yes. We provide the lowest rates possible as a result of the large volume of bonds we write.
You must contact us immediately, as we have a team of claim specialists here to find a resolution for you. Keep in mind, it is crucial that you work with an expert in the surety industry. Learn more about how to ensure you choose the proper bond company.