Pro Surety Bond can provide you with your bond in the quickest time. 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. You deserve a better client service experience so call 800-314-7003 . Let us show you why our clients are so happy with our service. Call the Cambridge Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond is a guarantee one party asks of another, but one that is backed by a third party, namely the surety company. An example of where you might need a surety bond would be if you own a brokerage firm of some kind, a business in which a lot of other people’s money is handled as a part of the job. The government regulates these activities, and they make you buy a surety bond as a condition for being licensed because it wants you to guarantee that you’ll follow these regulations. The guarantee is furnished by the surety, which does not take responsibility for the claim, but rather loans a defaulting company the money temporarily to cover the claim. Pro Surety Bond has over 25 years of combined industry experience. Call even if you don’t think you can be bonded because of past credit problems. Call 800-314-7003!
If you are bidding on public projects for the City of Cambridge 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.
1131 Steubenville Ave, Cambridge, OH 43725
Phone: (740) 439-1050
Cambridge, Ohio is a city in and the county seat of Guernsey County and it is the 167th most populous city in the State of Ohio. Cambridge started out as the site of a the bridge crossing in the Northwest Territory, specifically where Zane’s Trace meets Wills Creek. The town was named after Cambridge, Massachusetts…or Cambridge, Maryland take your pick. Today Cambridge is the principal city of the Cambridge Micropolitan Statistical Area, and is known among glass collectors as being the home of Cambridge Glass, Boyd Glass and Mosser Glass.
What is a general agreement of indemnity? A general agreement of indemnity is key to understanding how surety bonds work. When you buy insurance, you shift responsibility for the unexpected things that happen to you onto the insurance company. This means that if there is a claim the insurance company is legally responsible for it. With a surety bond, the challenge is to offer a service that is inexpensive, and that means making the principal (the party that bought the bond) responsible for the claims. Call the Cambridge Surety Bond Pros Today at 800-314-7003!
So what exactly does the surety do in these types of arrangements? The real reason you bought the bond was because the obligee (the party that wants the coverage) was willing to accept a surety in place of a security deposit. The obligee doesn’t care where the money for the claim comes from, they just want to be paid, and the surety promises to do just that. But before they signed on the dotted line, they have the principal sign a general agreement of indemnity, which absolves the surety of acting as indemnitor. In effect, all that happened was the surety loaned the principal the money to pay the claim.
How do I avoid claims on my bond? Easy. Don’t break your contract with the party that wanted you to buy the bond. A lot of people sign surety agreements without reading the fine print of their contract with the obligee (the one who wants the coverage), and that’s too bad because it can save a lot of trouble for everyone if they did. To avoid claims, you need to do everything by the book and at the highest standards possible. It’s also good to keep notes on every project, as detailed as possible, so that if a claim is made you will have some legal ammo to give the surety when they investigate it. Give us a call at 800-314-7003
607 Wheeling Ave, Cambridge, OH 43725Phone: (740) 439-6688
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.
|Cambridge Supply Bond||Cambridge Supersedeas Bond|
|Cambridge Contractor’s License Bond||Cambridge DMEPOS (Medicare) Bond|
|Cambridge DMV Driving School Bond||Cambridge Sheriffs Indemnity Bond|
|Cambridge Credit Repair Bonds||Cambridge Injunction Bond|
|Cambridge Performance Bond||Cambridge Promoter Bond|
|Cambridge Used Car Dealer Bond||Cambridge Appeal Bond|
|Cambridge Utility Bond||Cambridge Telemarketer Bond|
|Cambridge Lost Deed Bond||Cambridge Race & Sports Book Bond|
|Cambridge Process Server Bond||Cambridge Janitorial Service Bond|
|Cambridge Subdivision Bond||Cambridge Garage Bond|
|Cambridge Executor Bond||Cambridge Mortgage Broker Bond|
|Cambridge Title Agency Bond||Cambridge Credit Services Organization Bond|
|Cambridge Collection Agency Bond||Cambridge Pawnbroker Bond|
|Cambridge Insurance Broker Bond||Cambridge Health Club Bond|
|Cambridge Auctioneer Bond||Cambridge Talent Agency Bond|
|Cambridge Non Resident Cost Bond||Cambridge Travel Agency Bond|
|Cambridge Warranty Bond||Cambridge ERISA Bond|
|Cambridge Material Bond||Cambridge Emissions Station Bond|
|Cambridge Fidelity Bond||Cambridge Employee Theft Bond|
|Cambridge Notary Bond||Cambridge Sales Tax Bond|
|Cambridge Public Official Bond||Cambridge Mortgage Lender Bond|
|Cambridge Release of Lien Bond||Cambridge Medicaid Provider Bond|
|Cambridge Off Site Improvement Bond||Cambridge Labor Bond|
|Cambridge Cost Bond||Cambridge Business Service Bond|
|Cambridge Bid Bond||Cambridge Third Party Administrator Bond|
|Cambridge Honesty Bond||Cambridge Pharmacy Wholesaler Bond|
|Cambridge Payment Bond||Cambridge Freight Broker Bond - BMC-84|
|Cambridge Auto Dealer Bond||Cambridge Home Health Care Bond|
|Cambridge Appraisal Company Bond||Cambridge Lost Instrument Bond|
|Cambridge Guardianship Bond||Cambridge Lottery Bond|
|Cambridge Wage and Welfare Bond||Cambridge Replevin Bond|
|Cambridge Lost Title Bond|