Let Pro Surety Bond earn its wings by tracking down one of the most affordable bond rates we can find in our network of underwriters. 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. You’re in good hands when you call 800-314-7003 We’re confident we can find a great rate for your surety bond. Let us give you the best customer service treatment we have to offer. Call the Royal Oak Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond provides compensation for a party who incurs damages because of an obligation not fulfilled by another party. If you are the executor of a will, you agree to abide by the laws that govern that position. Executors must be bonded because there must be some way for the estate to collect damages for losses incurred if the executor doesn’t live up the requirement of the job. Sureties are trusted to fulfill these types of guarantees because of their strong financial reputations. Pro Surety Bond has over 25 years of combined industry experience. Call even if you think it will be impossible to get a surety bond with poor credit. Call 800-314-7003!
If you are bidding on public projects for the City of Royal Oak 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.
211 S Williams Street, Royal Oak, Michigan 48067
Royal oak is city in Oakland County and it is the 27th most populous community in the State of Michigan. The name comes from a large oak tree that was once in what is now the downtown area. The territorial governor Lewis Cass though it looked like the Royal Oak in which Charles II hid to escape capture by the Roundheads. In the 1990s and 2000s the downtown area saw a big boom with the addition of entertainment and night life. New condos have been added as well.
Can I get a bond if I’ve declared bankruptcy? Bankruptcy can certainly affect your ability to be bonded, but it boils largely down to the type of bankruptcy you are declaring, how much bonding you need and what kind of bond you need. In terms of the types of bonds, there are two broad categorizations in question: contract bonds and commercial bonds. You need a commercial bond to get a business license, but there is another type of commercial bond that can be a problem: fidelity bonds. Fidelity bonds cover employee theft and dishonesty, and if an applicant needs to be bonded for a job, this a bankruptcy might flag him. Alas, it has been found statistically that those who have declared bankruptcy are more likely to resort to crime. Call the Royal Oak Surety Bond Pros Today at 800-314-7003!
Understanding how surety bonds are underwritten may clarify how bankruptcy affects bondability. When you buy a surety bond, the surety agrees to loan you money to cover a claim as the service they provide to you. Usually surety bonds are not secured by anything than the bond applicant’s business strength. But companies in bankruptcy don’t have much financial strength, because their poor credit scores say that they are a poor risk. The only answer is either paying more for the bond, or getting no bond at all. Getting a license bond is a lot easier to a contract bond if you’re in bankruptcy.
Do I really need a surety to “prequalify” me for a building project? More or less yes. Keep in mind that sureties mostly just examine applicants’ financial records. They do it all day and there’s no way a project owner can get enough experience doing this, not the way a surety underwriter can. It takes years for a surety company to establish underwriting guidelines, and there are nuances to that process that simply can’t be replicated mechanically. In any event, even though a surety expects there to be no claims, there after all are claims that have to be made eventually, and a project owner probably doesn’t have, and doesn’t want to be bothered with, coming up with the resources to get the project done. Surety have those financial resources at their fingertips. Give us a call at 800-314-7003
200 S Washington Ave, Royal Oak, MI 48067Phone: (248) 547-4000
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.
|Royal Oak Mortgage Broker Bond||Royal Oak Contractor’s License Bond|
|Royal Oak Lottery Bond||Royal Oak Release of Lien Bond|
|Royal Oak Non Resident Cost Bond||Royal Oak Used Car Dealer Bond|
|Royal Oak Appraisal Company Bond||Royal Oak Telemarketer Bond|
|Royal Oak Utility Bond||Royal Oak Employee Theft Bond|
|Royal Oak Honesty Bond||Royal Oak Pawnbroker Bond|
|Royal Oak Auto Dealer Bond||Royal Oak Labor Bond|
|Royal Oak Injunction Bond||Royal Oak Off Site Improvement Bond|
|Royal Oak Cost Bond||Royal Oak Guardianship Bond|
|Royal Oak Bid Bond||Royal Oak Emissions Station Bond|
|Royal Oak Janitorial Service Bond||Royal Oak Talent Agency Bond|
|Royal Oak Lost Deed Bond||Royal Oak Notary Bond|
|Royal Oak Supersedeas Bond||Royal Oak Warranty Bond|
|Royal Oak Freight Broker Bond - BMC-84||Royal Oak Payment Bond|
|Royal Oak Performance Bond||Royal Oak Fidelity Bond|
|Royal Oak Third Party Administrator Bond||Royal Oak Auctioneer Bond|
|Royal Oak Race & Sports Book Bond||Royal Oak Collection Agency Bond|
|Royal Oak Supply Bond||Royal Oak Title Agency Bond|
|Royal Oak Credit Services Organization Bond||Royal Oak Mortgage Lender Bond|
|Royal Oak DMEPOS (Medicare) Bond||Royal Oak Material Bond|
|Royal Oak Executor Bond||Royal Oak Credit Repair Bonds|
|Royal Oak DMV Driving School Bond||Royal Oak Lost Title Bond|
|Royal Oak Pharmacy Wholesaler Bond||Royal Oak Subdivision Bond|
|Royal Oak Medicaid Provider Bond||Royal Oak Process Server Bond|
|Royal Oak Home Health Care Bond||Royal Oak Appeal Bond|
|Royal Oak Wage and Welfare Bond||Royal Oak Business Service Bond|
|Royal Oak Health Club Bond||Royal Oak Lost Instrument Bond|
|Royal Oak Public Official Bond||Royal Oak Sales Tax Bond|
|Royal Oak Garage Bond||Royal Oak Insurance Broker Bond|
|Royal Oak ERISA Bond||Royal Oak Promoter Bond|
|Royal Oak Travel Agency Bond||Royal Oak Replevin Bond|
|Royal Oak Sheriffs Indemnity Bond|