Our bond representatives at Pro Surety Bond are trained to turn up some of the best premiums the industry has to offer. 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. When you call 800-314-7003 you’ll be on your way to the best deal on surety bonds. You will be amazed at how much they can help you. Call the Independence Township Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond makes a party financially responsible for a contractual obligation. If you are in the wine making industry, you must adhere to the health and safety regulations of that industry, and in order to guarantee that you do so, regulators want you to post a surety bond to back up your word. Having a security in place allows regulators to collect unpaid fines, which are rare, and spurs you on to continue to do business honestly. The surety’s role is to stand in for you and pay any claim, assuming it’s valid. Your role is to allow the surety to do that and to pay the surety back for any claims. Pro Surety Bond has over 25 years of combined industry experience. Call even if you are skeptical about getting a surety bond with bad credit. Call 800-314-7003!
If you are bidding on public projects for the City of Independence Township 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.
6483 Waldon Center Dr. Clarkston, MI 48346
Phone: (248) 625-5111
Independence Township is a charter township in Oakland County and it is the 50th most populous community in the state of Michigan. It was named after Independence Township, New Jersey, by one of its earliest settlers, Joseph Van Sycle. Even before the railroad, the lakes in the area drew Detroit dwellers looking to get away from the city. When he railroads came through, hotels sprung up, and with the automobile came even vaster expansion as old Indian trails were covered with asphalt. Interstate 75 was the beginning of the end of the old city, as farmland gave way to subdivisions and strip malls.
What is the best way to avoid a claim? There is no best way, but the first thing you can do is make sure that you understand what is expected of you when you sign a contract. This is not much of a problem with, say, commercial bonds, but when it comes to contract bonds, the fine print can do you in. It’s not uncommon for main contractors to slip in responsibilities that are unfair to the other party, and problems arise when the subcontractor has signed on for more than he could chew. Call the Independence Township Surety Bond Pros Today at 800-314-7003!
I’ve heard about letters of credit as a credible alternative to surety bonds. Would you consider that accurate? We won’t claim to be impartial, but in almost all cases surety bonds are a better choice. Letters of Credit, LoCs, are handled by banks, who are not in the risk management business; and for the most part they aren’t interested in being in the risk management business. They take no active part in the transactions, and have no stake really, since it’s just a matter of paying up if there is a claim.
Surety companies have to investigate a claim before paying. Claims made against LoCs are not investigated at all, which means the claimant can make a fraudulent claim, or simply one you don’t agree with, and the bank has to pay. As long as the claimant provides certain requisite documents, the bank doesn’t care about the agreement the principal and the obligee have with each other. If you dispute the claim, forget about going to the bank; you’ll have to take the claimant to court. Give us a call at 800-314-7003.
5856 S Main St, Village of Clarkston, MI 48346
Phone: (248) 625-8055There 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.