Now is the time to call Pro Surety Bond for your next 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. Why not pick up the phone and call us now at 800-314-7003 . There is no substitute for a love of what you do.Call the Northview Surety Bond Pros at 800-314-7003 !
Call 800-314-7003! What is a surety bond? A surety bond indemnifies one party in case another party does not live up to an agreement it has made. What is a typical agreement in question? Let us say you own a construction company that builds shopping centers, and your project is going to require access to public roads. To guarantee that you won't do damage to public infrastructure, the government makes you take out a surety bond to cover the government in case this happens. However, it doesn't happen very often, and usually a short financial check of the company will be enough information to show that you are reliable enough for the surety to issue you a bond. Keep in mind that if a claim is made the surety only agrees to pay the claim for you, not be responsible for it. Which means that a paid claim is a short-term loan which has to be paid back to the surety. Pro Surety Bond has over 25 years of combined industry experience. Call 800-314-7003!
If you are bidding on public projects for the City of Northview 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 Monroe Avenue NW Grand Rapids, MI 49503-2289
Northview is an unincorporated community in Kent County and it is the 139th most populated community in the state of Michigan. The "city" is a census-designated place, which means it does not have a legal status Incorporated municipality. In fact, Northview is located almost entirely within Plainfield Charter Township, though it is considered part of the Grand Rapids metropolitan area. The place takes its name from the Northview Public School District although the district to self is larger than the community. It is known for its low crime rates and people here will tell you they don't have to lock their cars at night.
What is a general Indemnity agreement? The general Indemnity agreement absolves the surety company the final responsibility for paying a claim. You may have been thinking that the surety was there to pay your claim like insurance, but this is not the case. Surety bonds cover contractual obligations, which are in theory avoidable column. When a surety company pays the claim, you the bond purchaser have to pay it back, and the generality indemnity agreement gives the surety company the most legal power to collect on the indemnity. Call the Northview Surety Bond Pros Today at 800-314-7003
Why are surety bonds better than letters of credit? The main reason: surety bonds in most cases are not secured by collateral. Keep in mind the banks are not at the risk management business and if you want them to get into that business, you need to make it easy for them. Getting a letter of credit is really like getting a loan, and that includes collateral. Surety bonds not require any security in most cases, because the surety investigates the financial strength of your company before it issues you the bond, and does so furthermore on the assumption that you will never need a claim. However, if you do have a claim, your already established credit will ensure that it can be paid. Since the surety has this amount of confidence in the financial strength of your company, it doesn't have a problem you're showing these bonds without Securities, which means that your accounting figures will not show a liability but you buy a surety bond.
I'm in the construction business. How do I minimize claims on my bonds? One of the best things you can do is not underbid yourself. We all understand that sometimes the deadline on bidding is ludicrously short, simply too short to make a full reckoning of what a project is going to cost you. You don’t want to lose the bid so you take your chances and hope your figures are right. , What you can do in this case is make sure you document everything you do because sometimes if you if you default on your on your bid bond, courts will be generous if they understand the details, particularly if they understand that there are extenuating circumstances. Give us a call at 800-314-7003.
195 S Main St, Northville, MI 48167Phone: (248) 349-7640
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.
|Northview Pawnbroker Bond||Northview Wage and Welfare Bond|
|Northview Labor Bond||Northview Appraisal Company Bond|
|Northview Utility Bond||Northview Cost Bond|
|Northview Title Agency Bond||Northview Auctioneer Bond|
|Northview Janitorial Service Bond||Northview Appeal Bond|
|Northview Replevin Bond||Northview Payment Bond|
|Northview Sheriffs Indemnity Bond||Northview Race & Sports Book Bond|
|Northview Contractor’s License Bond||Northview Bid Bond|
|Northview Sales Tax Bond||Northview Off Site Improvement Bond|
|Northview Auto Dealer Bond||Northview ERISA Bond|
|Northview Collection Agency Bond||Northview Non Resident Cost Bond|
|Northview DMEPOS (Medicare) Bond||Northview Mortgage Lender Bond|
|Northview Credit Services Organization Bond||Northview Pharmacy Wholesaler Bond|
|Northview Talent Agency Bond||Northview Lottery Bond|
|Northview Business Service Bond||Northview Garage Bond|
|Northview Performance Bond||Northview Emissions Station Bond|
|Northview Guardianship Bond||Northview Honesty Bond|
|Northview Insurance Broker Bond||Northview Warranty Bond|
|Northview Lost Instrument Bond||Northview Subdivision Bond|
|Northview Public Official Bond||Northview Third Party Administrator Bond|
|Northview Home Health Care Bond||Northview Process Server Bond|
|Northview Telemarketer Bond||Northview Fidelity Bond|
|Northview Health Club Bond||Northview Used Car Dealer Bond|
|Northview Lost Deed Bond||Northview Travel Agency Bond|
|Northview Material Bond||Northview Medicaid Provider Bond|
|Northview Notary Bond||Northview Release of Lien Bond|
|Northview Injunction Bond||Northview Supersedeas Bond|
|Northview Executor Bond||Northview Supply Bond|
|Northview Lost Title Bond||Northview Freight Broker Bond - BMC-84|
|Northview Employee Theft Bond||Northview Mortgage Broker Bond|
|Northview Promoter Bond||Northview Credit Repair Bonds|
|Northview DMV Driving School Bond|