Pro Surety Bondlives to provide great service and great prices on bond underwriting. 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.Just pick up the phone and dial for more information on you next800-314-7003Surety Bond.Our dedicated staff are standing by.Call the Desoto Surety Bond Pros at800-314-7003!
Get a Free And Fast Quote on Your Desoto Surety Bond
Call800-314-7003!What is a surety bond? Imagine if someone promised to do something important for you, but you didn’t know that person well. How easy would it be to trust them? Now imagine is another guy stepped in and made another promise to you, specifically, to back up the other guy is he doesn’t come through on his end of the bargain? Would you feel better about that? This in essence is what a surety bond is: a three way agreement between the party requiring the bond, the purchaser of the bond, and the surety company, which backs up the commitment in the form of a short term loan to the bond purchaser to cover the indemnity. Pro Surety Bond has over 25 years of combined industry experience, and we plan on adding a lot more yearsto that so call us even if your credit has seen better days. We have something for almost everyone.Call800-314-7003!
Bidding Opportunities in Desoto
If you are bidding on public projects for the City of Desoto 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.
DeSoto is a city in Dallas County, and it is the 66th most populous city in the state of Texas. The site that would become DeSoto was settled in 1847, one of the first in that part of northern Texas. Curiously, the city was not named after Hernando DeSoto, the Spanish explorer who passed through Texas in his journeys, at least not directly. It was named after one Thomas Hernando DeSoto Stewart, a physician who worked tirelessly in the community. Today DeSoto is a suburb of Dallas and is also part of the Best Southwest, a term applied to the suburbs of Cedar Hill, DeSoto, Duncaville and Lancaster.
The South Dallas industrial submarket is booming, and that included DeSoto. Development has been swift for the past five years, thanks in large part to the logistical advantages of being located in South Dallas. Fortune 500 companies have been at the top of the list of builders, like Kimberly Clark and Proctor & Gamble. The market for industrial properties is so hot that many facilities not yet built have already been leased. Some have questioned whether there are enough employees to staff these buildings, but let’s remind ourselves that within a 30 minute drive is a population of over one million. Call the Desoto Surety Bond Pros Today at800-314-7003!
How are surety bond premiums calculated? A surety bond’s price will be a percentage of the amount of coverage. While we cannot offer a quote here, in general surety bond costs amount to 1% to 4% of the amount of the bond. For “simple” bonds like notary bonds or license and permit bonds, you can expect to pay towards the lower end of that spectrum. On the other hand if you are in a risky industry like the construction business, rates will be towards the upper end, but possibly higher depending on a number of factors we can’t go into here.
Landing the Best Surety Bond Quote in Desoto
What exactly are license and permit bonds? If you’re reading this, it’s likely that you need a license and permit bond (aka simply license bonds or permit bonds). License bonds are a common requirement at the state and municipal, and exist as a condition to being licensed in your industry. The bond essentially guarantees to the government that you will adhere to the regulation in your industry or be fined, with the surety bond in place to make sure any indemnity is paid. License and permit bond may be necessary to guarantee the safety of your business, like if you hang a sign over your place of work, or if scaffolding is used in your industry.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in DeSoto, 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.