Pick up the phone and call the Bond Guys at Pro Surety Bond! 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. There's no better number to call than 800-314-7003 when purchasing a surety bond. Just knowing our customers are happy makes us happy. Call the Midland Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? Surety bonds financially enforce guarantees. If you are a professional fundraiser, the government wants a guarantee that you will handle the moneys collected honestly, and for that reason require a surety bond as a guarantee that you will do so. The surety bond saves you the trouble of having to come up with your own security, and that means you have no red marks against your books. Surety bonds are usually issued without any security, with only the financial strength of the company in question to “sure” up the bond. Pro Surety Bond has over 25 years of combined industry experience. Call even if you aren't sure you can even get a bond because of your bad credit. Call 800-314-7003!
If you are bidding on public projects for the City of Midland 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.
333 W. Ellsworth St. Midland, MI 48640
Phone: 989-837-3331
Midland is the principal city in the Midland Micropolitan Statistical area. It is located in the Tri-Cities region of Central Michigan, and it serves as the county seat of Midland County. It is the 39th most populous community in the state of Michigan. Midland started out as a fur trading post for the American Fur Company. Later in the 19th century the Dow Chemical Company was founded here, and the world headquarters remain here as well. In recent years, Midland was ranked No 4 Best Small city in the United States by Forbes Magazine.
If sureties only issue bonds if they think a claim will never be made, and the premium is based on that assumption as well, what happens when there is a claim? Yes it’s true that sureties appear to operate on a shoestring, when it comes to the relationship between premiums and coverage. But to answer your question as to where claim money comes from, it comes from a fund that each state insurance commissioner requires by regulation. Simple as that. Remember also that sureties can step in before claims are made and help parties in disagreement to work things out before a claim is made. Call the Midland Surety Bond Pros Today at 800-314-7003!
What is a bond producer? A bond producer is essentially a bond agent. The bond producer is the person you talk to when buying a bond. The producer helps you fill out your bond application, connects you with a surety company (ie underwriter), that can do the most for your, and generally act as a customer service representative. Surety bond producers have to be knowledgeable about the surety bond industry, and that means not just calling up your insurance agent for a surety bond (though there will probably be someone there who is certified to sell you one).
What is the earliest known surety bond? The oldest bond we know if dates to about 2750 BC, and it deals with a farmer who is drafted and must go off to war before he can harvest his crops. The farmer enters into an agreement with another farmer who promises to work the fields for him in exchange for splitting the profits. A local merchant agrees to guarantee the work in the form of a surety bond type agreement. Give us a call at 800-314-7003.
300 Rodd St #101, Midland, MI 48640
Phone: (989) 839-9901There 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.