Washington Bonds Insurance

When a bond lender is looking for protection against default, they go to a bond insurer like Altman Insurance to assure their investors that the bond is truly safe.

Bonds are basically loans where the lender is a regular consumer and the borrower is the government, an agency, or a company. Bond insurance steps in when the issuer is unable to keep their end of the bond bargain.

As the issuer of the bond, you would pay a bond insurance premium so that we agree to pay the principle and interest of the bond if you’re not able to meet the requirements of the bond agreement. Our bond insurance will correspond to the rating of the bond, and will be calculated based on the risk of failure to repay it.

When you work with Altman regarding bond insurance, you gain the security you need by knowing that the principle and interest of the bond will be paid for, even if the issuer in unable to do so.

To learn more, contact us today, or simply fill out our free Washington bond insurance quote form.