ContactPro Surety Bondas soon as possible for up to date informationon 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.Pick up the phone now and call800-314-7003Our bond counselors are among the best in the industry.Call the Deer Park Surety Bond Pros at800-314-7003!
Find among the Best in Deer Park Surety Bonds by Calling Pro Surety Bond
Call800-314-7003!What is a surety bond? A surety bond is a guarantee, offered by a third party. The first two parties are the obligee, i.e., the one wanting the coverage or protection from the principal. For example, say you own a used car dealership. Your state regulator required you to take out a surety bond to protect the public from fraudulent practices of auto dealers, because they are the government and they can’t just trust people. The surety bond, or rather the surety company backing up the bond is there to make sure that is a claim is made against the bond, then there is an objective third party there to make sure all accounts are settled, usually in the form of a short term loan to the dealership owner. Pro Surety Bond has over 25 years of combined industry experience and we work hard every day for all our clients, even those whose credit is not great. We have a program for almost everyone.Call800-314-7003!
Bidding Opportunities in Deer Park
If you are bidding on public projects for the City of Deer Park 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.
Deer Park is a city in Harris County, and it is the 90th most populous city in the state of Texas. Deer Park was founded by one Simeon Henry West, a farmer and retired legislator from Illinois, and it was he who named the city, after the abundance of deer that roamed the Gulf Plains in that day. Deer Park came this close to not being created, as Houston city officials had their eye on the spot and wanted to incorporate it into their city, but citizens rallied and a new city was created for the residents. Today Deer Park makes up part of the Houston, Sugar Land, Baytown metropolitan area.
Deer Park, Texas is a family oriented community, dedicated to maintaining growth while maintaining the domesticity and services so sought after in small communities. It does this through a business positive attitude, exemplified in no personal income tax, other tax rates that remain below the national norm, and it doesn’t hurt that it is only a skip hop and a jump away from Houston, the city without limits. Top employers in the area include the Shell Deer Park Refinery and Chemical Plant with about 3200 workers, the Deer Park Independent school District with about 1900 employed and Dow Chemical Co with nearly 1500 employees. Call the Deer Park Surety Bond Pros Today at800-314-7003!
Surety bonds are cheap. How does the surety company make money? The difference lies in the difference between insurance and surety bonds. With insurance, actuaries calculate expected risk and add their own profit in after determining that. Surety bonds only calculate the risk related to the bond purchaser not fulfilling a guarantee, which is always assumed to be none. In cases where there is an exception, i.e., a payout is necessary, the surety take care of it in the short run, but in reality it takes the form of a short term loan to the bond purchaser.
Think of Us When You Need a Deer Park Surety Bond
What exactly is guaranteed by a surety bond? There are tons of kinds of surety bonds, but most people who come to this site are looking for a license and permit bond, necessary to get a business license. In this case it will be a governmental regulator and licensing body asking for the surety bond, and it will be there to guarantee to those regulators that the purchaser will follow a standard of business set forth by the regulatory codes of that industry. It can protect the general public, or it can serve to make sure fines are paid.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Deer Park, TX
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.