You'll feel great after speaking with one of our surety bond staff members 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. A free quote from one of our agents is one call away so contact us now at800-314-7003 . Our agents are waiting to answer your questions. Call the Mount Morris Township Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A Surety bond is an effective way of making someone financially responsible for a commitment. Let's say you own a business that uses a lot of electricity, like a manufacturing facility. Utility companies are leary about companies that use a lot of power because sometimes they go bankrupt and leave behind hundreds of thousands if not millions of dollars in utility charges unpaid. To prevent this from happening the government requires them to buy a utility bond. The utility board covers the government over the utility and the public as well in case of default. You might think of it as akin to a security deposit. Pro Surety Bond has over 25 years of combined industry experience. Call us even if you are anxious about applying for a surety bond because you have bad credit. Call 800-314-7003!
If you are bidding on public projects for the City of Mount Morris 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.
5447 Bicentennial Drive Mt. Morris, MI 48458
Phone: (810) 257-3054
Mount Morris Township is a Charter Township in Genesee County and it is 97th most populous community in the state of Michigan. Mount Morris was named after Mount Morris in New York state because many of the early settlers came from that area, one of whom was the first settler, one Benjamin Pearson of Avon, New York, who arrived in 1883. In 1855 the township proper was established, with the election held in an abandoned log cabin. It about 50 miles away from Metro Detroit. The township is abutted by Flint, Michigan, one of the major automobile manufacturing cities in the country. The township is in a convenient location, with interchanges on nearby Interstate 75 and Interstate 475, making neighboring communities easily accessible.
Much is said about how Surety bonds and liability insurance are different. In what sense are they the same? Well, they can both be considered risk transfer strategies, but they handle that risk differently. With insurance there is an explicit transfer of liability from the policyholder to the insurance company, with the insurance company taking responsibility for accidents and other unexpected events. Surety bonds however the responsibility remains with the policyholder (who is known as the principal or the bond purchaser). The reason insurance companies don't accept risk for the thing surety bonds cover arises from the problem of moral hazard. Moral hazard occurs when someone acts in an irresponsible way because they know they won't have to pay for the damages. The are used mostly as a guarantee. Call the Mount Morris Township Surety Bond Pros Today at 800-314-7003!
What should my surety bond producer be able to tell me about Surety bonds? Surety bond producers, or agents, should be able to explain what surety bonds are and what's involved from all parties in terms of responsibilities and rights; they should be able to explain the benefits of surety bonds in relation to other types of risk management; they should be able to explain what the general Indemnity agreement is for and why it’s needed; they should be able to inform you about ways to avoid claims and they should be able to explain all of this in easy-to-understand language.
What are some of the newer trends in surety bonding? in recent years surety bonds have been used to pay to guarantee Insurance deductibles. Some large corporations, when they're buying insurance, promise to take on large deductibles as way of saving money. Having a surety bond to guarantee the deductible has been a way of relieving policy holders the burden of taking out a letter or credit, which usually as to be collateralized. e This type of bond is not particularly common yet, but if the market is right and the company’s credit is right, and the carrier is right, you might be able to find someone who will underwrite the bond. Pro Surety Bond does not currently offer insurance deductible bonds. Give us a call at 800-314-7003.
N Dort Hwy, Mt Morris, MI 48458Phone: (810) 686-7930
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.
|Mount Morris Township Health Club Bond||Mount Morris Township Lottery Bond|
|Mount Morris Township Lost Deed Bond||Mount Morris Township Garage Bond|
|Mount Morris Township Race & Sports Book Bond||Mount Morris Township Travel Agency Bond|
|Mount Morris Township Promoter Bond||Mount Morris Township Performance Bond|
|Mount Morris Township Pharmacy Wholesaler Bond||Mount Morris Township Collection Agency Bond|
|Mount Morris Township Appraisal Company Bond||Mount Morris Township Supply Bond|
|Mount Morris Township Process Server Bond||Mount Morris Township Contractor’s License Bond|
|Mount Morris Township Mortgage Lender Bond||Mount Morris Township Used Car Dealer Bond|
|Mount Morris Township DMV Driving School Bond||Mount Morris Township Mortgage Broker Bond|
|Mount Morris Township Insurance Broker Bond||Mount Morris Township Utility Bond|
|Mount Morris Township Employee Theft Bond||Mount Morris Township Title Agency Bond|
|Mount Morris Township Pawnbroker Bond||Mount Morris Township Non Resident Cost Bond|
|Mount Morris Township Wage and Welfare Bond||Mount Morris Township ERISA Bond|
|Mount Morris Township Off Site Improvement Bond||Mount Morris Township Public Official Bond|
|Mount Morris Township Credit Repair Bonds||Mount Morris Township Credit Services Organization Bond|
|Mount Morris Township Lost Title Bond||Mount Morris Township Freight Broker Bond - BMC-84|
|Mount Morris Township Replevin Bond||Mount Morris Township Third Party Administrator Bond|
|Mount Morris Township Sales Tax Bond||Mount Morris Township Honesty Bond|
|Mount Morris Township Payment Bond||Mount Morris Township Janitorial Service Bond|
|Mount Morris Township Medicaid Provider Bond||Mount Morris Township Injunction Bond|
|Mount Morris Township Warranty Bond||Mount Morris Township Release of Lien Bond|
|Mount Morris Township Fidelity Bond||Mount Morris Township Appeal Bond|
|Mount Morris Township Auctioneer Bond||Mount Morris Township Home Health Care Bond|
|Mount Morris Township Guardianship Bond||Mount Morris Township Bid Bond|
|Mount Morris Township Lost Instrument Bond||Mount Morris Township Cost Bond|
|Mount Morris Township Business Service Bond||Mount Morris Township Auto Dealer Bond|
|Mount Morris Township Material Bond||Mount Morris Township Labor Bond|
|Mount Morris Township DMEPOS (Medicare) Bond||Mount Morris Township Executor Bond|
|Mount Morris Township Emissions Station Bond||Mount Morris Township Sheriffs Indemnity Bond|
|Mount Morris Township Supersedeas Bond||Mount Morris Township Subdivision Bond|
|Mount Morris Township Talent Agency Bond||Mount Morris Township Telemarketer Bond|
|Mount Morris Township Notary Bond|