Our Products and Services
Frequently Asked Questions
As a Honolulu insurance producer, we sell contractor license bonds, notary bonds and surety bonds. Professional contractors looking to work on projects in Hawaii will need these bonds to secure a contractor license from the state. We encourage you to call us to learn more about what we can do for you.
We are committed to providing excellent and efficient services, which include:
- A Honolulu office with quick access to the Department of Commerce & Consumer Affair (DCCA) for same-day filing
- Same-day issuing & pickup for many contractor license bond & surety bonds
- FREE notary services with every bond pickup
- FREE USPS (Tracking) or FedEx delivery for Outer Islands
- No complicated renewal process
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Do I need to be bonded as a handyman in Hawaii?Yes. There is no handyman license in Hawaii, but all handymen need to have a general contractor's license in order to work on jobs exceeding $1,000 in materials and labor, or any job where a building permit is required. Since handymen fall under the category of contractors, they do need to be bonded if they plan to perform more than just minor services.
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Who are the parties in a surety bond contract?The principal is the primary party who will perform the contracted obligation. The obligee is the recipient of the performed obligation. The surety ensures the principal will perform his obligations for the obligee.
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What is the difference between insurance and a surety bond?When an individual pays an insurance premium, the risk is transferred to the insurance company. When someone purchases a surety bond, the cost is like a service charge to use the financial backing of the surety company. The purchaser keeps the risk and the protection goes to the one the purchaser is obligated to (obligee).
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What does a license bond tell others?License bonds guarantee a person or business will obey all required state laws and regulations related to the type of license. This may be required before a license is granted by the state.
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Why do I need a license or surety bond?Some bonds are required by law; others may be required by clients. You can enhance your business by providing a bond as it is an endorsement for your business. Bonds may also be required by your insurance company.
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Are surety bonds a new thing?Actually, surety bonds have been around since the late 1800’s. Today they are considered a form of consumer protection.