ContactPro Surety Bondimmediately to secure some of the most competitively priced surety bonds. 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.Don't hesitate to call us at800-314-7003so we can get busy finding that rate for you.We'd love to show you what great customer service looks like.Call the Casselberry Surety Bond Pros at800-314-7003!
Call Today For A Casselberry Surety Bond
Call800-314-7003!What are surety bonds? Surety bonds protect one party against another, like insurance, but in the case of surety bonds the party that wants to be covered makes the other buy the coverage. If you get a business license, the governmental body that issued your license wants to be protected from defaults on fines incurred by you, so they make you take out a surety bond to guarantee that the fines will be paid. They can’t take you at your word because you probably don’t have the means to back up your commitment, but they will accept the promise ofthe surety company to guarantee that the fines will be paid, if a valid claim is made. The surety company in most cases will advance a line of credit to the defaulting company to cover the claim. Pro Surety Bond has over 25 years of combined industry experience, something we want out client to appreciate. Call us even if you think getting a surety bond is too bothersome because of your credit history. We might be able to get you that bond yet.Call800-314-7003!
Bidding Opportunities in Casselberry
If you are bidding on public projects for the City of Casselberry 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.
Casselberry is a city in Seminole County and it is the 89th most populous city in the State of Florida. Casselberry started out as an outpost for the US Army during the Seminole Wars, but settlers did not start moving into the area around Lake Concord until the Homestead Act of 1862 was passed. The city is named after one Hibbard Casselberry from Illinois who was visiting a relative in Winter Park and signed on as a sales agent for a newly established subdivision, Fern Park Estates. An attempt was made to incorporate Fern Park Estates without the knowledge of the residents, but Casselberry convinced them to incorporate for themselves . Today Casselberry is a part of the Orlando—Kissimmee—Sanford metropolitan area.
Casselberry is a great place to live, and not only the residents think so. The City of Casselberry has been awarded the Certificate of Achievement for Excellence in Financial Reporting Award from the Government Finance Officers Association of the United States and Canada (GFOA), thanks to its ng its Comprehensive Annual Financial Report (CAFR) for the fiscal year ending September 30, 2015. The award has been given out since 1945 and serves to encourage city and state governments to be fiscally responsible above and beyond the legal necessity. Call the Casselberry Surety Bond Pros Today at800-314-7003!
How do surety bonds differ from insurance? Just to be clear, surety bonds are a type of insurance, but with a few twists. For one thing, a surety bond is much more limited in scope of coverage than liability insurance. Surety bonds are mostly to protect one party from another specific party. So if you own a trucking business, the surety bond will be for the government to give it something to collect if you have unpaid fines, for example. That means that surety bond “policy” is between the two of you, with the surety itself the third party in the agreement, guaranteeing any claims.
What Are Your Casselberry Surety Bond Requirements?
What do surety bond premiums cover? They do not cover damages like liability insurance, that’s the most important thing to remember. Surety bonds are a guarantee to the party to cover a claim, but the damages have to be paid by the party that bought the bond. With liability insurance, risk is distributed by pooling premiums, but the surety bond “premium” basically covers the cost of determining the likelihood of default. Since bonds are only issued on the grounds that the purchaser is unlikely to default, it’s easier to just make the rare defaulters pay their own damages. It just doesn’t make sense to pool premiums for that purpose.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Casselberry, FL Surety Bonds
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.