Call Pro Surety Bond now to get more information on surety bonds. 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. Why not call 800-314-7003 immediately and speak to a bond counselor? We're here to talk to you. Call the Bowling Green Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond allows for a party to collect damages when another party fails to fulfill a commitment. Damages would include fines your business has incurred but cannot pay, and it's the government that wants the guarantee that these fines will be paid so they demand a surety bond to back you and them up. The surety bond is used in lieu of having to come up with the cash to guarantee yourself, which can be expensive. Instead, a surety company will be willing to make sure any valid claim is paid as long as the company that incurred the fines remains responsible for the claim. Pro Surety Bond has over 25 years of combined industry experience, so call us even if you don't think you can get a good priced bond because of poor credit history. Call 800-314-7003!
If you are bidding on public projects for the City of Bowling Green 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.
304 North Church Street Bowling Green, OH 43402
Phone: (419) 354-6208
Bowling Green is a city in Wood County and it is the 48th most populous city in the State of Ohio. Bowling Green was rather prosaically named after Bowling Green, Kentucky, by a retired postal worker who used to deliver mail there. Bowling Green is largely middle class, but in the early part of the 20th century it drew mostly affluent residents. Traces of this can still be seen in the downtown district which exhibit the storefronts of a bygone era. Today Bowling Green is a part of the Toledo Metropolitan Area, and the home of Bowling Green University.
How much does a surety bond cost? That's hard to say because so many things factor into the equation: what kind of bond, what industry are you in, what your credit history is, etc. That last one, credit history (along with other financials) is the one that you have most control over. Given the number of variables, it would not be prudent to offer a quote here, but usually a surety bond will cost about 1% to 4% of the cost of the coverage. This will probably be more for "big ticket" bonds like construction bonds, where a lot more is at stake. Call the Bowling Green Surety Bond Pros Today at 800-314-7003!
Why can't I just take out insurance to cover myself? Because insurance covers something different: risk. Surety bonds, on the other hand, cover the unexpected failure of the principal (the party that purchased the bond), but the coverage goes to the party that required the bond, not the one who bought it. Plus bonds serve a different function in that, given that the principal can be forced to pay out a lot of money if he fails on his commitment, the bond can provide a little extra incentive to do the best job possible.
What is the term of the surety bond? That depends on what kind of bond, and what stipulations have been placed on the bond by the obligee (the party that asked for the surety bond). With the exception of construction / contract bonds, a one year term is extremely common. When it comes to contract bonds, the term of the bond is a specific period of time or date, whatever date the project owner wants the work done. A few bonds have no term, i.e. the bond is enforceable until it is explicitly cancelled. Give us a call at 800-314-7003
130 S Main St, Bowling Green, OH 43402Phone: (419) 353-7945
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.
|Bowling Green Freight Broker Bond - BMC-84||Bowling Green Appraisal Company Bond|
|Bowling Green Garage Bond||Bowling Green Subdivision Bond|
|Bowling Green Lottery Bond||Bowling Green Material Bond|
|Bowling Green Auctioneer Bond||Bowling Green DMV Driving School Bond|
|Bowling Green Sales Tax Bond||Bowling Green Auto Dealer Bond|
|Bowling Green Pharmacy Wholesaler Bond||Bowling Green Business Service Bond|
|Bowling Green Fidelity Bond||Bowling Green Home Health Care Bond|
|Bowling Green Lost Instrument Bond||Bowling Green Labor Bond|
|Bowling Green Honesty Bond||Bowling Green Non Resident Cost Bond|
|Bowling Green Notary Bond||Bowling Green Sheriffs Indemnity Bond|
|Bowling Green Performance Bond||Bowling Green Release of Lien Bond|
|Bowling Green Talent Agency Bond||Bowling Green Appeal Bond|
|Bowling Green Travel Agency Bond||Bowling Green Contractor’s License Bond|
|Bowling Green Process Server Bond||Bowling Green Warranty Bond|
|Bowling Green Credit Services Organization Bond||Bowling Green Wage and Welfare Bond|
|Bowling Green Mortgage Broker Bond||Bowling Green Injunction Bond|
|Bowling Green Lost Deed Bond||Bowling Green Lost Title Bond|
|Bowling Green DMEPOS (Medicare) Bond||Bowling Green Promoter Bond|
|Bowling Green Title Agency Bond||Bowling Green Executor Bond|
|Bowling Green Used Car Dealer Bond||Bowling Green Supply Bond|
|Bowling Green Mortgage Lender Bond||Bowling Green Employee Theft Bond|
|Bowling Green Insurance Broker Bond||Bowling Green Supersedeas Bond|
|Bowling Green Public Official Bond||Bowling Green Credit Repair Bonds|
|Bowling Green Off Site Improvement Bond||Bowling Green Utility Bond|
|Bowling Green Collection Agency Bond||Bowling Green Medicaid Provider Bond|
|Bowling Green Telemarketer Bond||Bowling Green Bid Bond|
|Bowling Green Cost Bond||Bowling Green ERISA Bond|
|Bowling Green Payment Bond||Bowling Green Guardianship Bond|
|Bowling Green Replevin Bond||Bowling Green Emissions Station Bond|
|Bowling Green Third Party Administrator Bond||Bowling Green Pawnbroker Bond|
|Bowling Green Health Club Bond||Bowling Green Janitorial Service Bond|
|Bowling Green Race & Sports Book Bond|