Excellent premiums delivered with excellent service 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. It's really to your benefit to call 800-314-7003 and speak with our experienced staff of bond sales agents. Just pick up the phone right now. Call the Fairfax Station Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond financially bolsters the integrity of the bond purchaser. If you collect sales tax for your state department of taxation through your retail business, you promise to make your deposits according to schedule, but the government can’t just take you at your word you’ll do so, so they instituted a surety bond for anyone wanting a business license. The surety bond is there to give the government something to collect on in case you can’t uphold your end of the agreement. The surety can be trusted because sureties are regulated as well and must have the resources to pay these sorts of claims. If a claim does have to be paid, the surety will make sure it’s taken care of, which means advancing you a short-term loan. Pro Surety Bond has over 25 years of combined industry experience. Call even if you are worried that it will be too difficult to find a well priced surety bond because of a poor credit history. Call 800-314-7003!
If you are bidding on public projects for the City of Fairfax Station 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.
12000 Government Center Pkwy, Fairfax, VA 22035
Phone: (703) 324-3201
Fairfax Station a census-designated place in Fairfax County and it is the 110th most populous in the State of Virginia. Fairfax Station started out as Lee’s Station, and it was in fact a station along the Orange and Alexandria Railroad. The station is otherwise famous for being the place where Clara Barton took care of wounded soldiers after the Second Battle of Bull Run. Today Fairfax Station in known for its low crime rate (75% below national average), and its high standard of living.
What is the responsibility of the surety to the obligee? The obligee is the party wanting coverage. The principal is the party that needs to pay for the coverage. The surety is the party that provides the coverage for the principal. The surety’s responsibility to the obligee is simple: to pay any valid claim. There are no extenuating circumstances here. Principal disagrees with the claim? Pay me! Principal lied to you on his bond application? Pay me! It’s as simple as that, and it’s the main reason surety bonds work as guarantees. Call the Fairfax Station Surety Bond Pros Today at 800-314-7003!
If I have to pay for my claim anyway, where does my premium go? One thing that separates surety bonds from insurance is the way they approach risk. Insurance is essentially risk transfer, meaning transferring risk to insurance company. Surety bond are what you might call risk mitigation, meaning the primary liability remains with the party that bought the coverage. The premium for the most part goes to maintaining the offices, paying staff, and the cost of investigating the applicants. Of course the agent, producer, and underwriter need to see a profit, as well. When you consider how inexpensive a bond is, you should be able so appreciate what a great value they are.
What is a lost securities bond? If you lose a financial instrument that is not electronically recorded, you need to have it replaced. Transfer agents do this, but they don’t have the resources to investigate whether you are the proper owner of the instrument. That’s why they require a surety bond. It protects the bank or transfer agent against loss should the instrument “show up.” In other words, the lost securities bond protects the transfer agent against fraud. Give us a call at 800-314-7003
6434 Brandon Avenue Springfield, Virginia 22150
Phone: 703-866-3500There 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.