Don't even think about buying a surety bond until you speak with the bond counselors at Pro Surety Bond. We specialize in all types of Contract and Construction Bonds including Payment and Performance Bonds, Subdivision and Off Site Bonds, Bid Bonds, License and Permit Bonds, Court Bonds, Fidelity Bonds and all types of Miscellaneous Surety Bonds. Call the Allen Park Surety Bond Pros at 800-314-7003 !. Everyone should call for a free same day quote! Call the Allen Park Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond establishes accountability in cases where one party has an obligation to another. Let us take the example of the dairy plant. Dairy plants have a host of safety and health regulations that protect the public, and the government wants companies to take those regulations seriously. To secure that commitment the government requests a surety bond which acts as a sort of security deposit, paid by the surety in the name of the dairy plant. A dairy plant might want to do this so they don’t have to put up their own money for the security. If a claim is made, the surety stands in for you and pays the claim. However, when you bought the bond you promised to pay the surety back which amounts to the Surety making a loan to you to pay the claim. Pro Surety Bond has over 25 years of combined industry experience. Call us even if you worried that you won't be able to get a surety bond at the price you need with your bad credit. Call 800-314-7003!
If you are bidding on public projects for the City of Allen Park you may be required to post a Bid Bond. The Bid Bond guarantees you will be able to provide the Performance Bonds required in the event you are the low bidder. In essence the Bid Bond pre-qualifies you for the work you are bidding on. Not all jobs require bonding but if they do we can assist you with Bid Bonds, and subsequent Performance and Payment Bonds as required by the state. Please call the Contract Bond Team at Pro Surety Bond for more information.
16630 Southfield Road, Allen Park, MI 48101
Allen Park is a middle-class suburb in Wayne County, and it is the 68th most populous community in the state of Michigan. Allen park was incorporate as a village 1927 but did not become a city until 1957. It was named after one Allen Lewi, s a prosperous lawyer who own about 275 acres of lumber country nearby. The real history of Allen Park is inseparable, however, from the role the Ford Motor Company plays. It has been an abiding presence it has been here for decades, and to this day many of the company's offices and facilities lie within the city limits. Today Allen Park is known for tree-lined streets red brick houses and the Fairlane Green Shopping Center which opened in 2006 Allen Park is also known as being the practice home with the Detroit Lions and the sight of the team's headquarters
What does a surety bond underwriter do? Liability insurance underwriting covers accidents, and the premiums are calculated according to actuarial formulas, with claimb being paid out of the pool of premiums. With surety bonds, the surety company is worried about whether you'll default on the obligation, not whether you'll have an accident, and the way they determine whether or not you’re going to default is by examining the financial strength of your company. Call the Allen Park Surety Bond Pros Today at 800-314-7003!
If you apply for a surety bond, bonding companies want to see a track record of successful performance, high profitability and high retention of earnings, but there are other factors. Construction companies with solid reputations, who have shown in the past to be able to generate quality internal financial statements and finished jobs on schedule are most likely to be issued a bond. They want to know who the key personnel are, how long they've been at the company, and whether or not you have a plan if any of succession if one leaves. In short they need to understand how the company operates.
What is a General Indemnity Agreement? It's the document you have to sign in order to purchase a surety bond, and what it says is that the surety company is willing to act as guarantor for an obligation you have made, but that does not mean that its liable for that claim. This is another way of saying you have to pay the surety back for the paid claim. More specifically it states that the Surety has the right to use full extent of the legal system to collect on that claim. Additionally, in states where there are community property laws, the spouse will also have to sign the agreement, because since she is a de facto owner she needs to release those funds as well. Give us a call at 800-314-7003.
6543 Allen Rd, Allen Park, MI 48101Phone: 313) 382-7303
There are literally thousands of different Surety Bonds to guarantee the performance of businesses and individuals. The following list of are the bonds we most commonly see.
|Allen Park Appraisal Company Bond||Allen Park DMV Driving School Bond|
|Allen Park Notary Bond||Allen Park Sales Tax Bond|
|Allen Park Bid Bond||Allen Park Fidelity Bond|
|Allen Park Guardianship Bond||Allen Park Off Site Improvement Bond|
|Allen Park Mortgage Lender Bond||Allen Park Public Official Bond|
|Allen Park Auctioneer Bond||Allen Park Travel Agency Bond|
|Allen Park Talent Agency Bond||Allen Park Collection Agency Bond|
|Allen Park Auto Dealer Bond||Allen Park Home Health Care Bond|
|Allen Park Wage and Welfare Bond||Allen Park Release of Lien Bond|
|Allen Park Promoter Bond||Allen Park Lost Deed Bond|
|Allen Park Non Resident Cost Bond||Allen Park Supersedeas Bond|
|Allen Park Garage Bond||Allen Park Pawnbroker Bond|
|Allen Park Employee Theft Bond||Allen Park Race & Sports Book Bond|
|Allen Park Lottery Bond||Allen Park Lost Instrument Bond|
|Allen Park Insurance Broker Bond||Allen Park Appeal Bond|
|Allen Park Executor Bond||Allen Park Emissions Station Bond|
|Allen Park Subdivision Bond||Allen Park Payment Bond|
|Allen Park Health Club Bond||Allen Park Business Service Bond|
|Allen Park Title Agency Bond||Allen Park Credit Services Organization Bond|
|Allen Park Contractor’s License Bond||Allen Park Performance Bond|
|Allen Park Used Car Dealer Bond||Allen Park Pharmacy Wholesaler Bond|
|Allen Park Supply Bond||Allen Park Freight Broker Bond - BMC-84|
|Allen Park Process Server Bond||Allen Park Warranty Bond|
|Allen Park Third Party Administrator Bond||Allen Park Janitorial Service Bond|
|Allen Park Credit Repair Bonds||Allen Park DMEPOS (Medicare) Bond|
|Allen Park ERISA Bond||Allen Park Lost Title Bond|
|Allen Park Cost Bond||Allen Park Replevin Bond|
|Allen Park Labor Bond||Allen Park Mortgage Broker Bond|
|Allen Park Material Bond||Allen Park Honesty Bond|
|Allen Park Sheriffs Indemnity Bond||Allen Park Injunction Bond|
|Allen Park Utility Bond||Allen Park Telemarketer Bond|
|Allen Park Medicaid Provider Bond|