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Poquoson, VA Surety Bonds

Excellent premiums delivered with excellent service 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. It's really to your benefit to call 800-314-7003 and speak with our experienced staff of bond sales staff. Just pick up the phone right now. Call the Poquoson Surety Bond Pros at 800-314-7003!

Pro Surety Bonds For Poquoson Surety Bonds

Call 800-314-7003! What is a surety bond? Surety bonds make someone financially answer-able for a commitment they have made. If you have a business that sells lottery tickets, you must render those moneys to the state according to your agreement. To encourage you to live up to that agreement, the government requires a guarantee that you will do so, and usually that means a surety bond. Surety bonds are ideal for something like this, because it means you won’t have to put up your own money to guarantee yourself, and that mean no marks against your credit rating. Pro Surety Bond has over 25 years of combined industry experience. Call even if you are worried that it will be problem applying for a surety bond with your poor credit history. Call 800-314-7003!

Bidding Opportunities in Poquoson

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

500 City Hall Ave, Poquoson, VA 23662

Phone: (757) 868-3030

Map to Finance Department

The City Of Poquoson, Viginia

Poquoson is an independent city in the Commonwealth of Virginia. Poquoson is located on the Virginia Peninsula in the Hampton Roads metropolitan area. The name comes from a native American word that means “great marsh, ” thus giving Poquoson the distinction of being one of the oldest continuously named cities in Virginia. The first reference to the place is believed to be in the Colonial records of a land grant of 500 acres in1631.

Can I get an insurance policy instead of a bond? No. Insurance covers a party against unexpected things, and it’s a form of risk transfer in that you are legally turning over responsibility for damages you may incur. Surety bonds are not a form of risk transfer, but a form of risk mitigation. The surety bond is bought for another party, and if that party makes a claim, then the surety has already agreed that it will pay the claim if it is valid no matter what.  Call the Poquoson Surety Bond Pros Today at 800-314-7003!

What do sureties look for in terms of personnel when someone applies for a contract surety bond? In general they look at the character of the key personnel. This can be determined in a number of ways, but it all starts with a credit check, which reveals more than most people think about a person’s character. They will also look at the management skills of the owners, as well as their financial management skills, which are not the same thing. All in all they are looking for a business that is well run by people who have a lot of experience and a good reputation.

Poquoson Surety Bond Specialists Are Waiting To Take Your Call

Ideally, the surety underwriter wants to see a full time CEO, one experienced in the construction industry, and with a staff that can scale in times of increased growth. It’s when a company is growing that it becomes more vulnerable to financial instability, curiously. If a company has a proven track record, a good history of completed projects, few to no claims made against bonds in the past (or currently), with a sound accounting system and a history of stable business practices, the company is probably a good risk for a surety bond. Give us a call at 800-314-7003

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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.