Contractor Bonds & Specialty Insurance Add-Ons in Washington

Meet Requirements, Secure Contracts, and Fill the Gaps in Your Coverage

Sometimes a standard policy isn’t enough. From license bonds to specialized endorsements, certain projects, trades, and jurisdictions require additional protection—and missing them can cost you the job.



At Strategy Insurance Brokers LLC, we help Washington contractors and business owners secure the bonds and specialty coverages they need to stay compliant, competitive, and protected. Whether you're bidding on public work or looking to cover unique risks, we’ll help you get there.

What Do Contractor Bonds Cover?

License & Permit Bonds

Required by state or local agencies to operate legally—these guarantee compliance with laws and regulations.

Bid Bonds

Used in public and commercial construction bids—ensures you’ll honor your proposal if selected.

Performance Bonds

Guarantees work will be completed as agreed, according to contract specs and timelines.

Payment Bonds

Assures suppliers and subcontractors will be paid—often paired with performance bonds.

Assures suppliers and subcontractors will be paid—often paired with performance bonds.

Specialty Coverage Add-Ons for Contractors

Depending on your trade or scope, your business may need extra protection beyond general liability and property insurance. We offer add-ons including:


  • Installation Floater Coverage
    Protects materials and equipment during installation, before the job is completed.
  • Inland Marine Coverage
    Covers tools and equipment in transit or stored off-site—ideal for mobile crews.
  • Professional Liability (E&O)
    For contractors offering design or consultation services, this covers errors or omissions in plans or recommendations.
  • Hired & Non-Owned Auto Coverage
    Protects your business if employees use personal or rented vehicles for work tasks.

Bonds & Specialty Coverage FAQs

  • What’s the difference between a license bond and a performance bond?

    A license bond is required by regulators to legally operate; a performance bond guarantees your work on a specific project. We’ll help you determine what you need.

  • How quickly can I get bonded?

    In most cases, very quickly. We work with established surety providers to issue common contractor bonds—often within 24 hours.

  • Do small contractors need bonds?

    Yes—many local jurisdictions and job opportunities require license or permit bonds, regardless of business size. We make sure you’re covered for what your trade and region demand.

  • What’s inland marine insurance, and why would I need it?

    Despite the name, inland marine insurance covers mobile tools and equipment—not boats. It’s essential for contractors transporting gear between jobsites.

  • Is professional liability only for architects and engineers?

    No—any contractor who offers design-build services or advice on construction plans could be liable for errors. We’ll review your role and help you decide if this coverage is right for you.

  • Can I bundle specialty add-ons with my core policy?

    Yes—most of these add-ons can be integrated into your commercial policy. We’ll help build a streamlined, comprehensive package that fits your business.