If you need a surety bond quote quickly and conveniently call Pro Surety Bond immediately. 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. One call to 800-314-7003 will get you the best surety bond rate we can find. We can tell you whatever you need to know. Call the Mount Pleasant Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond imposes a financial obligation on someone when they have to fulfill an obligation. Let's say you own a business that purchases information about the public from the government as would, say, an insurance company. Because this data is sensitive, there are a lot of regulations in place that dictate the way you handle it. If you handle it improperly you could receive stiff fines, and to make sure that you can pay those fines the government requires you to put up a surety bond. Now, you could put up your own money as a deposit, but you have to put up the entire amount and that would cut into the liquid assets you need to run your business. The surety bond makes so much more sense because for several pennies on the dollar you can in essence rent the surety company’s financial reliability to pay your claim. This payment will be in the form of a short-term loan, and since it is the surety must be paid back. Pro Surety Bond has over 25 years of combined industry experience. Call us even if you have cold feet but applying for a surety bond given that you have a poor credit history. Call 800-314-7003!
If you are bidding on public projects for the City of Mount Pleasant 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.
320 W. Broadway - Mt. Pleasant, Michigan 48858
Phone: (989) 779-5300
Mount Pleasant is a city in Isabella County and it is the 71st most populous community in the state of Michigan. Until the mid-1800s the site that would become Mount Pleasant was occupied by the Ojibwa people known more commonly by their English name the Chippewa. At the beginning of that century the tribe ceded a vast amount of land to the United States government. Today Mount Pleasant is known as being the home the main campus of Central Michigan University, and with over 20,000 students, one of the largest universities in the state. It is estimated that the city population doubles during the academic school year. An interesting fact about Mount Pleasant part of the city is located within the Isabella Indian Reservation which is the base to be federally recognized Saginaw Chippewa tribal Nation.
The Economic Development Department of the City of Mount Pleasant Michigan is hard at work, maintaining and enhancing employment opportunities through the creation of new jobs and the retention of already existing one. In this way it hopes to create a better future with a wider tax base and a more diversified economy. To this end it has created the Central Business District Improvements Development Plan and Tax Increment Financing Plan, which is designed to improve the general business climate and upgrade the public and parking areas of the city to the betterment of the residents. Call the Mount Pleasant Surety Bond Pros Today at 800-314-7003!
Why can't I just put my Surety bonding requirements on my liability insurance? You can't do that because Surety bonds and insurance cover different things, or should we say they cover things differently. Insurance covers accident, acts of God, random unfortunate occurrences that cost you money or cause suffering to yourself of someone else. Surety bonds cover obligations that are not fulfilled. It doesn't make sense for an insurance company to cover an obligation because you can avoid an obligation at least in principle. If insurance companies covered obligations, it would give rise to a great amount of fraud and moral hazard. Moral hazard is when someone takes chances that they wouldn't normally take because they’re more likely to take more chances because you know that you're not going to have to pay the claim. That's why sureties make policyholder pay for claims paid out.
We hear a lot about how Surety bonds are different from insurance but how are they the same? They are both in fact part of the insurance industry, and are regulated by the insurance commissioner or the Department of Insurance in every state. That means they both have to maintain certain business standards and practices like maintaining a fund for claims. Both insurance and sureties with risk, although they do it differently. Insurance amounts to a transfer of risk: you pay your premiums and the insurance company agrees to take on damages that you may incur. Surety bonds are a form of insurance, but more like insurance you buy for someone else, and since surety bonds are based on default on an obligation, the premiums don't cover the claim. The premiums only cover the cost of doing the background check and surety’s profit. The company that takes out the policy for a surety bond has to pay the surety back if there's a claim. Give us a call at 800-314-7003.
113 W. Broadway, Suite 180 Mt. Pleasant, MI • 48858Phone: 989-772-2396
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 Pleasant Insurance Broker Bond||Mount Pleasant Guardianship Bond|
|Mount Pleasant Garage Bond||Mount Pleasant DMEPOS (Medicare) Bond|
|Mount Pleasant Contractor’s License Bond||Mount Pleasant Sales Tax Bond|
|Mount Pleasant Race & Sports Book Bond||Mount Pleasant Appeal Bond|
|Mount Pleasant Title Agency Bond||Mount Pleasant Process Server Bond|
|Mount Pleasant Release of Lien Bond||Mount Pleasant Lost Title Bond|
|Mount Pleasant Lost Instrument Bond||Mount Pleasant Travel Agency Bond|
|Mount Pleasant Material Bond||Mount Pleasant Business Service Bond|
|Mount Pleasant Credit Repair Bonds||Mount Pleasant Supersedeas Bond|
|Mount Pleasant Auto Dealer Bond||Mount Pleasant Mortgage Lender Bond|
|Mount Pleasant Emissions Station Bond||Mount Pleasant Promoter Bond|
|Mount Pleasant Lottery Bond||Mount Pleasant Cost Bond|
|Mount Pleasant Credit Services Organization Bond||Mount Pleasant Injunction Bond|
|Mount Pleasant Off Site Improvement Bond||Mount Pleasant Janitorial Service Bond|
|Mount Pleasant Payment Bond||Mount Pleasant Bid Bond|
|Mount Pleasant Pawnbroker Bond||Mount Pleasant Utility Bond|
|Mount Pleasant Replevin Bond||Mount Pleasant Labor Bond|
|Mount Pleasant Telemarketer Bond||Mount Pleasant ERISA Bond|
|Mount Pleasant Fidelity Bond||Mount Pleasant Wage and Welfare Bond|
|Mount Pleasant Warranty Bond||Mount Pleasant Sheriffs Indemnity Bond|
|Mount Pleasant Public Official Bond||Mount Pleasant Mortgage Broker Bond|
|Mount Pleasant Non Resident Cost Bond||Mount Pleasant Medicaid Provider Bond|
|Mount Pleasant Home Health Care Bond||Mount Pleasant Talent Agency Bond|
|Mount Pleasant Used Car Dealer Bond||Mount Pleasant DMV Driving School Bond|
|Mount Pleasant Appraisal Company Bond||Mount Pleasant Honesty Bond|
|Mount Pleasant Performance Bond||Mount Pleasant Supply Bond|
|Mount Pleasant Notary Bond||Mount Pleasant Health Club Bond|
|Mount Pleasant Pharmacy Wholesaler Bond||Mount Pleasant Collection Agency Bond|
|Mount Pleasant Third Party Administrator Bond||Mount Pleasant Subdivision Bond|
|Mount Pleasant Auctioneer Bond||Mount Pleasant Freight Broker Bond - BMC-84|
|Mount Pleasant Executor Bond||Mount Pleasant Employee Theft Bond|
|Mount Pleasant Lost Deed Bond|