Call us for the Pro Surety Bond experience. 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. Just call 800-314-7003 now for bond information you need.We’re confident we can find a great rate for your surety bond. Call the Madison Heights Surety Bond Pros at 800-314-7003 !
Call 800-314-7003! What is a surety bond? A surety bond covers one party if another party cannot fulfill an obligation. Let's say you are a mobile home dealer. When you receive a license to sell mobile homes you agree to abide by the regulations of your industry, and that includes doing business honestly and openly. To give you a little “incentive” the government requires you to first get a surety bond. This bond allows members of the public who feel they have been treated unethically to collect damages. The surety bond is usually the preferred of securing yourself, because otherwise you would have to come up with the full amount yourself. Surety bonds can be had pennies-on-the-dollar coverage and since sureties issue bonds based solely on a company's financial strength, the surety bond does not appear as a liability on accounting ledgers. Pro Surety Bond has over 25 years of combined industry experience. Call even if you are worried that buying a bond will be too much of a hassle. Call 800-314-7003!
If you are bidding on public projects for the City of Madison Heights 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.
300 West Thirteen Mile Road Madison Heights, MI 48071
Madison Heights is a city in Oakland County and it is the 64th largest community in the state of Michigan. Madison Heights started out as Royal Oak Township, though Madison Heights proper was only incorporated in 1955. At that time, at over seven square miles in area, it was one of the largest Suburban communities in the Metro Detroit area. The city lies in an ideal location along Interstate 696 and Interstate 75, which makes it an amenable place for a distribution center manufacturing facility, or almost any other type of business. Today Madison Heights is considered a suburb of Detroit.
How do contract bonds work? Contract bonds are usually related to the construction industry, and they cover the main contractor of the project if a subcontractor cannot finish his segment of the project. But there is another purpose of the surety bond. Main contractors want only reliable companies on their projects. When a contract bond applicant is looking for a bond, it is the surety’s job to go over the financial records of that company to determine how financially strong that company. From the surety’s point of view they want a strong company that will be able to pay them back if claim is made against them, but from the main contractor's plan--and this is where surety bonds earn their stripes--when the surety establishes the financial strength of the subcontractor, it serves as a sort of pre-qualification that the subcontractor will fulfill his obligation, because the simple act of establishing the financial strength of a company already says that that company is very likely to live up to their obligation. Call the Madison Heights Surety Bond Pros Today at 800-314-7003
What is a surety bond producer? Surety bond producers are insurance professionals with certification in surety bonds. Having a certification however doesn’t mean that the bond producer is experience, particularly if his “real” job is selling liability insurance. Any decent Bond producer should be knowledgeable about not only the surety industry, but if he sells big ticket surety bonds, like those used in construction, he needs a knowledge of that industry as well. Surety bond producers must be licensed in the state where they are located, and they must also be licensed in the state where they write the bond if it's different. To become a bomb producer you have to complete course work requirements and pass a written examination as well as have a background check.
How do I avoid surety bond claims? One of the biggest problem the gives rise to surety claims when a contractor bids too low for a project. It is a fact in the construction business that often bids must be submitted hastily, without time to fully reckon what the true cost of a project might be. Keeping your documentation straight is essential here, because if a dispute ends up in court the court often finds contractors not at fault when the court understands the assumptions leading to the bid made. Give us a call at 800-314-7003.
300 W 13 Mile Rd, Madison Heights, MI 48071Phone: (248) 542-5010
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.
|Madison Heights Collection Agency Bond||Madison Heights Pharmacy Wholesaler Bond|
|Madison Heights Appeal Bond||Madison Heights Sheriffs Indemnity Bond|
|Madison Heights Health Club Bond||Madison Heights Lost Instrument Bond|
|Madison Heights Subdivision Bond||Madison Heights Process Server Bond|
|Madison Heights Wage and Welfare Bond||Madison Heights Fidelity Bond|
|Madison Heights Lottery Bond||Madison Heights Talent Agency Bond|
|Madison Heights Replevin Bond||Madison Heights Bid Bond|
|Madison Heights Non Resident Cost Bond||Madison Heights Lost Deed Bond|
|Madison Heights Mortgage Lender Bond||Madison Heights Freight Broker Bond - BMC-84|
|Madison Heights Business Service Bond||Madison Heights Executor Bond|
|Madison Heights Race & Sports Book Bond||Madison Heights Janitorial Service Bond|
|Madison Heights Home Health Care Bond||Madison Heights Used Car Dealer Bond|
|Madison Heights Credit Repair Bonds||Madison Heights Performance Bond|
|Madison Heights Third Party Administrator Bond||Madison Heights Warranty Bond|
|Madison Heights Injunction Bond||Madison Heights Notary Bond|
|Madison Heights DMEPOS (Medicare) Bond||Madison Heights Mortgage Broker Bond|
|Madison Heights Payment Bond||Madison Heights Supersedeas Bond|
|Madison Heights Labor Bond||Madison Heights Garage Bond|
|Madison Heights Employee Theft Bond||Madison Heights Travel Agency Bond|
|Madison Heights Guardianship Bond||Madison Heights Insurance Broker Bond|
|Madison Heights Material Bond||Madison Heights Title Agency Bond|
|Madison Heights Emissions Station Bond||Madison Heights Honesty Bond|
|Madison Heights Cost Bond||Madison Heights Appraisal Company Bond|
|Madison Heights Auctioneer Bond||Madison Heights Contractor’s License Bond|
|Madison Heights DMV Driving School Bond||Madison Heights Sales Tax Bond|
|Madison Heights Public Official Bond||Madison Heights Auto Dealer Bond|
|Madison Heights Promoter Bond||Madison Heights Medicaid Provider Bond|
|Madison Heights Credit Services Organization Bond||Madison Heights Lost Title Bond|
|Madison Heights Utility Bond||Madison Heights Pawnbroker Bond|
|Madison Heights Supply Bond||Madison Heights ERISA Bond|
|Madison Heights Telemarketer Bond||Madison Heights Release of Lien Bond|
|Madison Heights Off Site Improvement Bond|