Please call Pro Surety Bond for your next surety bond requirement. 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. A call to 800-314-7003 will show you how easy it is to purchase a surety bond. Our bond counselors would love to answer your questions! Call the Auburn Hills Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond is an effective way of forcing someone to fulfill an obligation. If you own a construction company that might affect nearby wetlands adversely, you might need a wetlands mitigation bond. The mitigation bond provides a fund for the government to restore the wetlands that have been adversely affected by, say, a construction project, in the event that the business that caused the adverse effects does not or cannot pay for the restoration. It's not literally a fund because there is no money put up a front; rather the surety company takes on the responsibility of putting up the money in place of the construction company, with the construction company paying the surety back after. Pro Surety Bond has over 25 years of combined industry experience. Call us even if you are distressed about applying for a surety bond because of past bad credit. Call 800-314-7003!
If you are bidding on public projects for the City of Auburn Hills 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.
1827 N. Squirrel Rd., Auburn Hills, MI 48326
Auburn Hills is a city in Oakland County and it is the 98th most populous community in the state of Michigan. Auburn Hills started out is Pontiac Township, but the name of Auburn Hills originated in 1964 when Oakland Community College named a campus that had been a missile base at Featherstone and Squirrel Roads for the hilly terrain in he area. In 1908, John Dodge the automobile pioneer bought a farmhouse on site of it would become Auburn Hills to use as a country retreat.
What are the advantages of Surety bonds in relation to the types of risk management? The main reason you might want to use a surety bond for your risk management is that Surety bonds are only issued on the basis of the credit worthiness of the bond applicant. When the surety does issue a bond, it is usually done so without any collateral, which means the bond does not appear on your accounting ledgers as a liability. In most cases this is good for you because it means that you have more working capital to use to run your business. Call the Auburn Hills Surety Bond Pros Today at 800-314-7003!
What is the general Indemnity agreement? The General Indemnity agreement is a document that a bond purchaser must sign before they are issued a surety bond, and it states that the surety company will be responsible for paying claims only to the extent that it will issue a short-term loan to the bond purchaser to pay that claim. It also gives the surety company the power to pursue its reimbursement to the greatest extent of the law permitted. This is why states with community property laws spouses also sign the agreement, since they are de facto part owners of the business.
What is the difference in the way insurance companies handle risk and the way surety bonds handle risk? With liability insurance, there's an explicit transfer of risk from the policyholder to the insurance company. However, the things they take responsibility for are accidents and unforeseen events. Surety Bonds on the other hand are used only when there is an obligation that needs a guarantee. Default on obligations are avoidable, at least in theory. You usually buy a surety bond to cover the other party when you have not lived up to the terms of a contract you have signed. Give us a call at 800-314-7003.
3395 Auburn Rd, Auburn Hills, MI 48326Phone: (248) 853-7862
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.
|Auburn Hills Cost Bond||Auburn Hills Sheriffs Indemnity Bond|
|Auburn Hills Lost Deed Bond||Auburn Hills Warranty Bond|
|Auburn Hills Notary Bond||Auburn Hills DMEPOS (Medicare) Bond|
|Auburn Hills Honesty Bond||Auburn Hills Emissions Station Bond|
|Auburn Hills Supersedeas Bond||Auburn Hills Appraisal Company Bond|
|Auburn Hills Pharmacy Wholesaler Bond||Auburn Hills Performance Bond|
|Auburn Hills Credit Services Organization Bond||Auburn Hills Payment Bond|
|Auburn Hills Credit Repair Bonds||Auburn Hills Lottery Bond|
|Auburn Hills Off Site Improvement Bond||Auburn Hills Third Party Administrator Bond|
|Auburn Hills Pawnbroker Bond||Auburn Hills Home Health Care Bond|
|Auburn Hills Health Club Bond||Auburn Hills Business Service Bond|
|Auburn Hills Labor Bond||Auburn Hills Mortgage Lender Bond|
|Auburn Hills Non Resident Cost Bond||Auburn Hills Fidelity Bond|
|Auburn Hills Collection Agency Bond||Auburn Hills Race & Sports Book Bond|
|Auburn Hills Supply Bond||Auburn Hills Utility Bond|
|Auburn Hills Telemarketer Bond||Auburn Hills Employee Theft Bond|
|Auburn Hills Public Official Bond||Auburn Hills Appeal Bond|
|Auburn Hills Freight Broker Bond - BMC-84||Auburn Hills Guardianship Bond|
|Auburn Hills Executor Bond||Auburn Hills Auctioneer Bond|
|Auburn Hills Lost Title Bond||Auburn Hills Auto Dealer Bond|
|Auburn Hills Used Car Dealer Bond||Auburn Hills DMV Driving School Bond|
|Auburn Hills Garage Bond||Auburn Hills Bid Bond|
|Auburn Hills Travel Agency Bond||Auburn Hills Contractor’s License Bond|
|Auburn Hills Material Bond||Auburn Hills Lost Instrument Bond|
|Auburn Hills Release of Lien Bond||Auburn Hills Process Server Bond|
|Auburn Hills Replevin Bond||Auburn Hills Injunction Bond|
|Auburn Hills Title Agency Bond||Auburn Hills Janitorial Service Bond|
|Auburn Hills ERISA Bond||Auburn Hills Talent Agency Bond|
|Auburn Hills Subdivision Bond||Auburn Hills Sales Tax Bond|
|Auburn Hills Mortgage Broker Bond||Auburn Hills Wage and Welfare Bond|
|Auburn Hills Insurance Broker Bond||Auburn Hills Promoter Bond|
|Auburn Hills Medicaid Provider Bond|