We at Pro Surety Bond take every inquiry seriously, so call today. 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. All you have to do is pick up the phone and speak to representative by calling 800-314-7003. See how easy it can be to purchase a surety bond. Call the Huntington Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? Surety bonds make you financially responsible for a commitment. If you hire union workers on a job, you must commit yourself to obeying the underlying union contract. To protect the workers from default, the government requires a surety bond to guarantee that the employer will pay the workers. If a claim needs to be made, the surety will offer the employer a short-term loan to cover the claim. As it is a loan, the surety needs to be paid back. Pro Surety Bond has over 25 years of combined industry experience. Call even if you are uncertain that you will ever be able to get a reasonably priced surety bond with a poor credit history. Call 800-314-7003!
If you are bidding on public projects for the City of Huntington 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
Huntington is a census-designated place in Fairfax County and it is the 100th most populous in the commonwealth of Virginia. Huntington is popular with first time home buyers, largely thanks to its proximity to Huntington Metro station, the southernmost stop and terminus of one of the Metrorail lines. Many of these people have been drawn to the high rises that have been built in recent years along U.S. Route 1. Huntington is part of the Washington, D.C. metropolitan area.
In what way do surety bonds give me a competitive advantage? Putting up money to secure a commitment can truly dig into your company’s competitiveness. In industries, for example, that have large environmental footprints, the body of regulations that have to be adhered to can be massive, and along with it the surety coverage you need to guarantee your commitment. Surety bonds are issued mostly based on the financial strength of a company, and that means that the coverage does not show up on the ledgers. Call the Huntington Surety Bond Pros Today at 800-314-7003!
What are some of the novel ways surety bonds are being used? Up to now surety bonds have been used to enforce adherence to industry regulations and the like. Sureties are branching out these days and using them for things like insurance deductibles. To save money, some companies have large deductibles to keep their liability premiums down. To guarantee those deductibles, letters of credit and cash securities have been used, but these days one finds surety bonds as the preferred means of backing up a commitment like that.
What is a General Indemnity Agreement for? A GIA is a form of insurance for the surety company if it has to pay out a claim in your name. Keep in mind that when you buy a surety bond, you are not asking the surety to take responsibility for any potential claim; you only want them to guarantee your work in case you cannot for one reason or another fulfill your commitment. In essence, the surety agrees to pay any claims that are valid, but the surety needs to be paid back, and that is what the GIA is for. It is a formal way of making sure they surety is paid back. Give us a call at 800-314-7003
4031 University Dr #100, Fairfax, VA 22030
Phone: (703) 591-2450There 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.