Contractor Insurance for Colorado

When we started our business we called other insurance agencies and Western Insurance Solutions got back to us the same day with our quote. They gave us superior coverages, a great price and the service has been fantastic!
K & D Construction, Colorado Springs, CO

Your help on the challenge of understanding my insurance needs was invaluable. I would recommend Western Insurance Solutions to anyone.
AAA Custom Seamless Gutters, Commerce City, CO

Since we changed to Western Insurance Solutions for our General Liability and Workers Compensation it has been smooth sailing.
Stevens Heating and Air, Inc., Colorado Springs, CO

I really do appreciate how quick you've got this done. I'm very pleased I chose you guys, THANKS.
A Plus Stair and Rail, Inc. Aurora, CO
Thank you for having such wonderful prices in such an economically challenging time. The staff was very patient and understanding.
Sample Construction, Aurora, CO

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FAQ's about Surety Bonds

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Workers Comp InsuranceThe first thing to remember about Surety Bonds is THEY ARE NOT INSURANCE, at least not like most people think of Insurance. A surety bond is a promise to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation. It is very similar to a promissory note in that if the bonding company pays the obligee they will then come to the principal seeking reimbursement and you credit rating is a major factor in the pricing of a bond.

Two of the more common types of bonds contractors are sometimes required to provide are Performance Bonds and Bid Bonds. The Performance Bond secures the contractor's promise to perform the contract in accordance with its terms and conditions, at the agreed upon price, and within the time allowed. The Bid Bond is intended to keep frivolous bidders out of the bidding process by assuring that the successful bidder will enter into the contract and provide the required performance and payment bonds.