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Laurel, VA Surety Bonds

Surety bonds are what we’re great at, so call Pro Surety Bond today for a fast and free quote. 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. A free quote for your Gulfport surety bond is awaiting you when you call 800-314-7003 . We're the first and last word in surety bonds. Call the Laurel Surety Bond Pros at 800-314-7003!

Discover How Easy It Is To Get A Laurel Surety Bond

Call 800-314-7003! What is a surety bond? A surety bond bolsters the character of a party that makes a commit to fulfill some condition or performance. In the case of a construction project, the project owner needs protection from losses incurred from subcontractors who default in the middle of the job, leaving the owner holding the bag. The surety in this case can promise the owner that it will pay any valid claim up to a predetermined amount to finish the job. The claim is actually a short-term loan to the defaulting contractor, who must pay the surety back. Pro Surety Bond has over 25 years of combined industry experience. Call even if you aren’t confident that you can be bonded with a bad credit report. Call 800-314-7003!

Bidding Opportunities in Laurel

If you are bidding on public projects for the City of Laurel 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.

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4301 East Parham Road Henrico, VA 23228
Phone: (804) 501-4729
Map to Finance Department

The City Of Laurel, Virginia

Laurel is a census-designated place in Henrico County and it is the 75th most populous in the Commonwealth of Virginia. If you’re looking for a reasonably priced place to live, one with good amenities, low crime and good education, you might think about Laurel. The cost of living here is about 10% lower than the rest of the state, but is still about average for the nation. It has great health care facilities, lots of places to buy groceries and while housing is a little above average for the region, it’s a little lower than the national average. Today Laurel has a population of about 16,000.

Does it cost anything to apply for a surety bond? No. There are no standard fees involved with applying for a surety bond. When you are issued a bond however, the premium attached to the bond covers the cost of application implicitly. When you are approved for the bond, the surety will require that you pay up front before it can be sent to you. Some surety producers will allow partial payment for bad credit cases or other exceptions, but they are not the norm, and there is not standard situations where this is routine.  Call the Laurel Surety Bond Pros Today at 800-314-7003!

What are maintenance bonds? Maintenance bonds are usually associated with the construction bond trio of bid, performance and payment bonds. Maintenance bonds are like extended warranties in that they extend the coverage for some period after the other bonds effectiveness are over. Performance bonds cover the timeliness of the work performed and the quality of the work for typically one year. A maintenance bond can extend that coverage for any period on top of that, though typically it’s one more year. Think of maintenance bonds as an extension of the performance bond.

Laurel Surety Bonds Spell “Trust” For Your Clients

What are the financial signs my construction company might be headed toward a bond claim? Underwriters are able to keep tabs on a large number of companies and have a short list of things that make companies vulnerable to bond claims. Some of these signs include bills past due, vendors and suppliers who demand cash on delivery, continued operating losses and inadequate project supervision. Often sureties are in a better position to see these things that the company owner, since he’s busy running the business. Give us a call at 800-314-7003

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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.