Home > Surety Bonds By City > New Baltimore, MI

New Baltimore, MI Surety Bonds

Don’t forget to call Pro Surety Bond for a fast and free quote. 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. The next step is to call us at 800-314-7003and find out what we can do for you. So just high tail it over to the phone right now. Call the New Baltimore Surety Bond Pros at 800-314-7003 !

We Are One Of The Most Reliable Resources For New Baltimore Surety Bonds

Call 800-314-7003! What is a surety bond? What is a surety bond? A surety bond allows you to commit yourself to a contractual obligation and have that other party trust you without question, in cases where your professional reputation won't carry the day. For instance, if you need a business license, the government expects you to obey the regulations of your industry; but it can't really take you at your word, because reputations don't pay fines. That's why the government makes you take out a surety bond. When the surety company makes a promise to the government that it will pay any valid claim, the government believes it because the surety company has a strong financial reputation established by the regulations of the surety bond industry. Pro Surety Bond has over 25 years of joint industry experience. Call us even if you think your credit won't allow you to get a surety bond at a reasonable price. We have underwriters who work with poor credit cases. Call 800-314-7003!

Bidding Opportunities in New Baltimore

If you are bidding on public projects for the City of New Baltimore 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.

Click Here for Bidding Opportunities for the City of New Baltimore

36535 Green Street New Baltimore, MI 48047

Phone:586-725-2151 
Map to Finance Department

The Community of New Baltimore, Michigan

New Baltimore is a city in Macomb County and it is the 163rd most populous community in the state of Michigan. It is a historical and cultural resort community along the waterfront on the north coast of Lake St. Clair. This coastal area has been central to understanding the history of New Baltimore, with its public beach, public park and downtown shopping. But in the early days of the city the waterfront was used to operate port facilities for agriculture and manufactured products. New Baltimore is located along the boundary line between Macomb and St. Clair counties. It was incorporated as a village in 1867 but not did not become a city until 1931.

New Baltimore is technically a suburb of Detroit, but you wouldn't know it when you're here. Residents here think it's a great place to live, Lake St. Clair being not the least important reason. Some people say it's boring, that there aren't very many events, but it does have a bowling alley, an arcade, a movie theater, a laser tag arena and an ice skating arena. Other people say the "boring" is what makes it pleasant. There are a lot of lakes trees and that small-town feel, with a small downtown. The people are kind and friendly, and it's really beautiful in the summer.  Call the New Baltimore Surety Bond Pros Today at 800-314-7003

Why do I need to sign an indemnity agreement? First a brief overview of the difference between insurance and Surety bonds. Put succinctly, insurance covers accidents that happen to you or someone else, whereas surety bonds cover broken contractual obligations, something which is in theory avoidable. Insurance companies calculate the likelihood of accidents happening with complicated actuarial formulas, but there's no way to calculate such an accidental default on a contract, since, as stated above, default is considered to be avoidable. What underwriters do is determine your financial strength before they will issue a bond, because that financial strength will be the basis of being paid back for a claim. The indemnity agreement gives the Surety company the fullest legal resources to the indemnified for that claim.

The Most Trusted Name In New Baltimore Surety Bonds

Let's say someone makes a claim against my bond. Who has a better chance of winning? The nature of surety bonds render this kind of question tricky, because there are actually two customers. There is the person asking for the surety bond coverage, the person who's paying for it. Many people believe that just because they bought the surety bond that they should get preferential treatment, but there are many regulations which dictate how surety bonds validated claim, and they can't just throw those out the window. One fact remains though, and that is that the party that asked for the coverage is the ultimate customer in most cases, because there will not be a bond purchased without their request. Give us a call at 800-314-7003.

Related Links:

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.