Speak to one of our agents atPro Surety Bondbefore buying a surety bond. 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.Some of the most affordable premiums are available by calling800-314-7003.Call for a free no obligation quote.Call the Edinburg Surety Bond Pros at800-314-7003!
Pro Surety Bond, Your One Stop Edinburg Surety Information Center!
Call800-314-7003!What is a surety bond? A surety bond is a way of saying that you take your business seriously and that you are willing to put up some of your own money to back up your word. If you own a business that sells manufactured homes for example, when you get a business license you are promising to the governmental licensers for your industry that you will uphold the regulations that govern your industry. Usually those regulators will want a surety bond from you to back up that promise, with the surety company being the party that backs up the guarantee. Pro Surety Bond has over 25 years of combined experience, finding extraordinary rates for all clients even if their credit isn’t great.Call800-314-7003!
Bidding Opportunities in Edinburg
If you are bidding on public projects for the City of Edinburg 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.
Edinburg is a city in Hidalgo County, and is the 42nd largest city in the State of Texas. Edinburg got its start as Chapin, after one Dennis Chapin an early developer of the community. Edinburg is also the county seat of Hidalgo County, and local legend tells the dramatic, though apocryphal story that it became so when culprits broke into the Hidalgo Courthouse, removed all the important documents, and relocated them to Edinburg, in the middle of the night no less. The reality is a lot more mundane: Hidalgo is prone to flooding and is a bit too far away from the center of the county. In any event, the story behind the name change from Chapin to Edinburg is probably the most exciting in the country: Mr Chapin, the city’s namesake, shot a man to death in a saloon fight, so the name was changed to Edinburg in honor of the birthplace of another prominent businessman who hailed from the more famous place with the same name. Today Edinburg is a vital part of the McAllen—Edinburg—Mission and Reynosa—McAllen metropolitan areas.
Edinburg in on the way up and building momentum. There is a $2.4 million downtown revitalization project, which includes creating a pedestrian friendly space for residents to enjoy the new business activity, cultural events, and many more things, all of it part of a master plan for the downtown area that is part of a larger vision for creating employment and improving the quality of life overall for both residents and visitors. This is all possible because of the financial health of the city, which indicate that the city’s finances are being handled in a responsible way, and was recently verified by an independent audit Call the Edinburg Surety Bond Pros Today at800-314-7003!
I’ve seen the term bonded and insured many times. What does that mean? You see this often in advertisements for a variety of businesses, but most people don’t know the significance of being bonded and insured. It’s true that bonds are a type of insurance, technically, but bonds and insurance fulfill different needs. The main difference is that regular liability insurance covers the business owner against loss, for example if his business vehicle is in a crash. Bonds on the other hand protect his customers.
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The nature of the contract for liability insurance and surety bonds are different as well. With liability insurance, the agreement is between you and the insurance company, and it is one in which the insurance company promises to cover the policy holder for any valid losses. In other words, the party that wants the coverage is the same party that pays for it. Surety Bonds on the other hand, are three party: the party that wants coverage, the party that needs to give him the coverage, and the surety company, the party that enforces provides the coverage. It’s a little like buying insurance for someone else, except the coverage that a surety bond provides is in the form of a temporary loan to the bond purchaser, who will have to settle up later. The key thing to remember here is that there is rarely a need for bond coverage to be paid, because the applicant is examined thoroughly before the bond is issued.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Edinburg, 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.