Surety Bonds are all we do so call Pro Surety Bond for the best rates. 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 think you don't know enough about surety bonds call 800-314-7003 . We can clear a few things up for you. Call the Leesburg Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond makes one party answerable to another. What sort of accountability do we mean? Typically the matter surety bonds cover tasks where default is an issue, like when a business collects sales tax for the government. The government has to trust merchants to collect sales tax for them, but it can’t leave them to their own devices, so they make the merchants buy a surety bond. When the merchant buys the surety bond, he in a way rents the financial strength of the surety, and if a valid claim is made against the bond, the surety can be counted on the cover it and satisfy the government’s need to be compensated. That, however, is where the liability ends, because the merchant signed an agreement with the surety that the merchant would pay the surety back for all claims paid. This is how surety bonds are kept inexpensive. Pro Surety Bond has over 25 years of combined industry experience. Call even if you have a hunch that you can’t get an affordable surety bond because of a few black marks on your credit report. Call 800-314-7003!
If you are bidding on public projects for the City of Leesburg 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.
65 Plaza St NE, Leesburg, VA 20176
Phone: 703-737-7176
Leesburg is a town within and county sear of Loudoun County and it is the 15th most populous in the Commonwealth of Virginia. Leesburg is named after Thomas Lee and not his son, Francis Lightfoot Lee, signer of the Declaration of Independence. Nor is it named after Robert E. Lee, though General Lee is Thomas Lee’s great-grandnephew. Today Leesburg is known for its famous historic district, which is one of the best preserved and picturesque downtowns of its class.
Leesburg, Virginia has what is calls a Business One-Stop, a repository of links to resources that are designed to give enterprise in the city a leg up and make Leesburg a more competitive place to do business. Business One stop can help you validate your idea by indentifying similar products and help you best market what you do best; it can help you create a business structure, find business insurance at competitive rates, identify program, grants, incentives and other resources to get you on your feet; and show you how to write a business plan. Call the Leesburg Surety Bond Pros Today at 800-314-7003!
Are surety bonds like regular insurance? They are technically insurance and they are regulated by the same body that regulates the insurance industry in most if not every state. Surety bonds differ from insurance in the respect that the bond “policy holder” remains primarily liable for any indemnity. With bonds the surety does not assume responsibility for the obligation, just to loan the bond purchaser the money in short order so he can pay the claim. Since this money is a loan, the surety must be reimbursed for its trouble.
Surety bond claims are not routine, as they usually are with insurance. When someone defaults on commitment covered by the bond, it means that something has gone wrong, because the bond was issued with the expectation that there would be no default and therefore no claim. When it comes to construction bonds, by the time a claim is made against the bond, the lines of communication between the obligee and the principal have already declined to a point of no return. Give us a call at 800-314-7003
43777 Central Station Dr, Ashburn, VA 20147
Phone: (703) 777-0426There 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.