One call to Pro Surety Bond and you'll have your bond in no 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. Call 800-314-7003 to find out more about surety bonds in your city, county or state. You’ll be speaking to a bond specialist in no time. Call the Front Royal Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond assures one party that another is acting in good faith. If you are an investment adviser, you agree to offer sound advice to your clients. To guarantee your agreement you must put up some kind of security that can be drawn from if a claim has to be made. A surety can promise to furnish this security for you, because it knows that if your financials are in order, you are unlikely to default. If you do default and a claim is valid, the surety can put up a short-term loan for you that has to be paid back. Pro Surety Bond has over 25 years of combined industry experience. Call even if you doubt you can be bonded at an affordable price with bad credit. Call 800-314-7003!
If you are bidding on public projects for the City of Front Royal 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.
102 East Main Street Front Royal, VA 22630
Phone: 540-635-8007
Front Royal is a town in Warren County and it is the 85th most populous in the Commonwealth of Virginia. Front Royal started out as LeHewtown in 1754, and also went by the nickname Helltown for good reason: it was the central location of a great many livestock wrangling exploits and the landing point for boatmen on the Shenandoah setting foot on shore for cheap alcohol and whatever trouble cheap alcohol might lead to. It acquired its name in 1788. Front Royal is the county seat of Warren County.
The origin of the name is shrouded in the mists of time. One of the more popular local legends suggests that it was named after the Royal oak tree of England that stood in the public square during the colonial times. The square was used for mustering troops at that time, and it was said that commanding officers might shout “front the royal oak” to prompt the militias where to establish ranks. This command over time became contracted to “front royal.” Call the Front Royal Surety Bond Pros Today at 800-314-7003!
The three way agreement between the obligee—the party that wants the coverage—the principal—the party that pays for the obligee’s coverage—and the surety (i.e., the guarantor of the agreement) can use some more explanation. Keep in mind that these three agreements--obligee-principal, surety-obligee, surety-principal--are easier to understand if you think of them as distinct legal agreements. The obligee-principal agreement sets out the terms of the agreement, but the surety-obligee agreement is a separate agreement that is only related to the surety-principal agreement to the extent stated in the obligee-principal agreement.
Put more simply, the surety promises to pay the obligee a certain amount in case the principal defaults on its obligation, as long as the claim is judged valid in its own right. This means that even if the principal disagrees with the surety’s finding, and even if the principal lied and defrauded the surety on its application, the surety must pay the claim to the obligee and take up the matter with the principal. The surety-principal agreement is then its own agreement to the extent that the obligee doesn’t care how the surety comes up with the money. If the claim is paid, it’s up to the surety to take the matter up with the principal to get paid back. Give us a call at 800-314-7003
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.