Contact Pro Surety Bond as soon as possible for up to date information on 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. The number you need to call is 800-314-7003 for dedicated experience. It's always a pleasure talking to a future client. Call the Colonial Heights Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? Surety bonds make someone financially responsible for a commitment. What kind of commitment? Let’s say you own a private security service. As a condition of your licensure you were required to commit yourself to obeying the regulations of your industry or risk being fined. On top of that you were required to guarantee your commitment in the form of some kind of security. Surety bonds can be used for this, and they act like a security deposit in the respect that if a valid claim is made against the bond, the surety will pay the claim as if it were you paying it. It is in fact a short term loan they are fronting for you, and it must be paid back, naturally. Pro Surety Bond has over 25 years of combined industry experience. Call even if you don’t think it will be possible to get an affordably priced surety bond with a bad credit report. Call 800-314-7003!
If you are bidding on public projects for the City of Colonial Heights 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.
201 James Ave, Colonial Heights, VA 23834
Phone: (804) 520-9360
Colonial Heights is an independent city in the State of Virginia and it is the 65th most populous. Colonial Heights gets its name form an incident in the American revolutionary War, in which Marquis de Lafayette who was also known as “Coloniels”, advanced in a southward direction from Richmond and deployed his artillery on the heights overlooking Petersburg and the Appomattox River. It has been known as Colonial Heights since that time. Colonial Heights is part of the tri-cities area of the Richmond Metropolitan Statistical Area.
How do I keep surety bond claims down? There are a number of ways to avoid claims. One is to make sure that you understand the contract that you’re signing. That would seem like a no brainer, but it’s surprising that so many disputes arise from the fact that the contractor didn’t precisely understand the obligations that he committed himself to. It’s a fact that only about 40% of defaults occur because of “normal” reasons, i.e., contractor incompetence. The other 60% are due to the contractor not understanding his obligations. Call the Colonial Heights Surety Bond Pros Today at 800-314-7003!
Another way to avoid claims is to keep meticulous notes about throughout the project. Documenting everything exceptional that happens hedges your bets against being broadsided by a claim that you can’t remember the details about. Remember that while the surety’s responsibility is to investigate every claim, you should not think of this as advocacy in the sense that it’s the surety’s job to stand up for you no matter what. The party that wanted the coverage is the final customer because he needs to either walk away satisfied, or understand legally why he did not win a claim. In this sense the surety works for him also.
One final way of avoiding surety bond claims is to not underbid. We all know that the surety industry is volatile, but it tempting to try to get a leg up on the competition by bidding to low. If you bid too low and a typhoon in Asia sets off a chain of delays that ends up with you not getting the materials or equipment you expected, you have no wiggle room, and your profit margins shrink to microscopic size. If the shrink into the red, and your working capital is depleted, you end up in claim country. Give us a call at 800-314-7003
201 Temple Ave # E, Colonial Heights, VA 23834Phone: (804) 526-5872
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.
|Colonial Heights Supersedeas Bond||Colonial Heights Performance Bond|
|Colonial Heights Sales Tax Bond||Colonial Heights Title Agency Bond|
|Colonial Heights Wage and Welfare Bond||Colonial Heights Cost Bond|
|Colonial Heights Bid Bond||Colonial Heights Janitorial Service Bond|
|Colonial Heights Pharmacy Wholesaler Bond||Colonial Heights DMEPOS (Medicare) Bond|
|Colonial Heights Sheriffs Indemnity Bond||Colonial Heights Used Car Dealer Bond|
|Colonial Heights Promoter Bond||Colonial Heights Lost Instrument Bond|
|Colonial Heights Telemarketer Bond||Colonial Heights Material Bond|
|Colonial Heights Mortgage Broker Bond||Colonial Heights Executor Bond|
|Colonial Heights ERISA Bond||Colonial Heights Non Resident Cost Bond|
|Colonial Heights Credit Repair Bonds||Colonial Heights Notary Bond|
|Colonial Heights Third Party Administrator Bond||Colonial Heights Talent Agency Bond|
|Colonial Heights Lottery Bond||Colonial Heights Fidelity Bond|
|Colonial Heights Utility Bond||Colonial Heights Off Site Improvement Bond|
|Colonial Heights Guardianship Bond||Colonial Heights Warranty Bond|
|Colonial Heights Mortgage Lender Bond||Colonial Heights Travel Agency Bond|
|Colonial Heights Business Service Bond||Colonial Heights Auctioneer Bond|
|Colonial Heights Supply Bond||Colonial Heights Credit Services Organization Bond|
|Colonial Heights Subdivision Bond||Colonial Heights Race & Sports Book Bond|
|Colonial Heights Medicaid Provider Bond||Colonial Heights Freight Broker Bond - BMC-84|
|Colonial Heights Appeal Bond||Colonial Heights Public Official Bond|
|Colonial Heights Emissions Station Bond||Colonial Heights Honesty Bond|
|Colonial Heights Contractor’s License Bond||Colonial Heights Garage Bond|
|Colonial Heights Release of Lien Bond||Colonial Heights Lost Deed Bond|
|Colonial Heights Auto Dealer Bond||Colonial Heights Payment Bond|
|Colonial Heights Health Club Bond||Colonial Heights Process Server Bond|
|Colonial Heights DMV Driving School Bond||Colonial Heights Replevin Bond|
|Colonial Heights Pawnbroker Bond||Colonial Heights Injunction Bond|
|Colonial Heights Lost Title Bond||Colonial Heights Labor Bond|
|Colonial Heights Collection Agency Bond||Colonial Heights Insurance Broker Bond|
|Colonial Heights Appraisal Company Bond||Colonial Heights Home Health Care Bond|
|Colonial Heights Employee Theft Bond|