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Novi , MI Surety Bonds

Novi  Surety Bond

You don't know what customer service is until you call 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. Just call 800-314-7003 now for bond information you need. Our bond counselors exist to answer your questions! Call the Novi Surety Bond Pros at 800-314-7003!

Pay Only The Finest Rates On Your Novi Surety Bond

Call 800-314-7003! What is a surety bond? A surety bond allows for reparations in cases where one party wants a guarantee for an obligation. If your business sells motor fuel, you must collect and deposit the taxes for that product. To inspire you to continue your timely deposits, the government requires a surety bond, which also acts as a security deposit, i.e., a fund that can be drawn upon to pay claims. The surety is in charge of this “deposit” which is simply based on the financial strength of the surety. The surety is in essence is standing in for you, paying claims as if it were you, and ultimately billing you for this service. Pro Surety Bond has over 25 years of combined industry experience. Call even if you think getting a surety bond will be too much of a nuisance with your poor credit record. Call 800-314-7003!

Bidding Opportunities in Novi

If you are bidding on public projects for the City of Novi 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 Novi

45175 Ten Mile Road, Novi, Michigan 48375

Phone: 248-347-0460

Map to Finance Department

The City Of Novi, Michigan

Novi is a city in Oakland County and it is the 28th most populous community in the State of Michigan. A local legend states that the city was named after the nearby 6th gate on the Grand River toll road (No. VI, get it?). However, the toll road in question was built about 20 years after the city was already named. Apparently, the name comes from a suggestion by a resident named Dr. J.C. Emery, whose wife felt Novi was a lot shorter then Farmington Township, out of which Novi was carved. Novi is currently one of the fastest growing cities in Michigan.

The economy of Novi rests largely on its retail outlets, particularly those concentrated around the Novi Road and Interstate 96 interchange, though other centers exist closer to the center of the city. Novi has also become a mecca of sorts for car dealerships, which can be found mostly along Haggerty Road and Grand River Ave. The city is also a home to a sizeable amount of industrial and office parks which houses industries from health care, the transportation and logistics, manufacturing and automotive parts suppliers.  Call the Novi Surety Bond Pros Today at 800-314-7003!

Will a bankruptcy affect my ability to get a surety bond? This will matter mostly on what type of bond you need, and what type of bankruptcy you are in. There are two basic categorizations for surety bond: commercial and contract. Most commercial bonds are license bonds, and frankly a bankruptcy probably won’t pose much of an obstacle to bond-ability, but contract bonds are a different story. Contract bonds are usually the biggest ticket bonds the surety issues, and a claim is a problem for everyone, even though the surety is supposed to be repaid for the claim. Because so much is at stake with contract bonds, a bankruptcy will pose a much greater hindrance to bond-ability than a commercial bond.

Your One Stop Novi Surety Bond Information Center

It should be stated here however, that there is one type of commercial bond for which a bankruptcy might pose a problem: fidelity bond. Fidelity bonds cover a business against theft on the part of an employee from another business. It could be a temp agency or a janitorial business or any host of businesses. Many employers who are hiring for positions that require this type of bond do credit checks, and if they find a bankruptcy, it can pose a problem. Alas there is some statistical evidence that those who are bankrupt resort to crime. But not all is lost! There is a thriving market for high risk fidelity bond. Give us a call at 800-314-7003

Related Links:

Novi Municipal Page 

Phone: 248-347-0485 

Novi Chamber of Commerce

41875 W 11 Mile Rd #201, Novi, MI 48375

Phone: (248) 349-3743

The Surety Bonds We See Most Commonly in Novi, MI

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.

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