CallingPro Surety Bondis the one of the best choices you can make when 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.Call us today at800-314-7003for more information on surety bonds.See how quickly you can be bonded by us.Call the Friendswood Surety Bond Pros at800-314-7003!
A Friendswood Surety Bond Quote in One Day
Call800-314-7003!What is a surety bond? A surety bond is a risk management tool, not unlike insurance, but with a twist. The surety bond is required by one party, called the Obligee, of another party, called the Principal. The bond provider is called the Obligor. The obligee requests the bond because he wants a commitment from the principal that the latter will perform some duty, like adhere to the regulations of the industry he owns a business in. The obligee however cannot usually take the principal at his word, so the surety company steps in and takes responsibility for any indemnities need to be paid to the obligee. This usually comes in the form of a short term loan to the principal to. Pro Surety Bond has been helping businesses all over the United States and in Friendswood with their surety bond requirements, and they can do it for you even if your credit isn’t great. We have a program for almost everyone.Call800-314-7003!
Bidding Opportunities in Friendswood
If you are bidding on public projects for the City of Friendswood 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.
Friendswood is a city in Galveston, Harris and Brazonia counties, and it is the 80th most populous city in the state of Texas. Friendswood got its start as satsuma orange orchards and rice fields. It was a Quaker colony in those days, around the turn of the century, with the first settlers “drawn by God” to the place, and there’s not better endorsement than that. Friendswood stayed that way until the 1950s, no doctors, no bank, just a post office and general Store. Today Friendswood is known as one of America’s 100 Best Places to Live, at least as judged by CNN/Money Magazine.
Whenever you ask a typical resident of Friendswood why they chose to live here, they usually say that the city’s reputation as family friendly and natural charm. Friendswood has pretty much everything that makes a city great, like responsive and adequate city services, great schools, a diverse economy and above all, great people. That’s why many of the people who live in Friendswood also work here. The city offers a lot of reasons to build a business, including business management consulting and economic development assistance. Call the Friendswood Surety Bond Pros Today at800-314-7003!
Are there any fraudulent bond providers out there? Yes there are, and performing due diligence is a part of the bond purchasing process, as it is for buying anything. Remember that almost all surety bonds are written by insurance companies in the business of acting as a surety. Thus your first step should be to make sure that any company you approach is licensed in your jurisdiction to sell insurance, and you can do this by contacting your state insurance commissioner.
We Can Guide You through the Purchase of Your Friendswood Surety Bond
One scam that fraudulent bond sellers do is create a company that has a name very close to a well-known company, and what you end up with is a worthless bond. Looking at their websites alone can reveal a lot, or not reveal a lot. A surety company’s website should have information as to which states the surety is authorized to sell bonds in. Other information should include its AM Best rating, and its US Treasure certificate of authority. If you company is licensed in another country, it’s probably in a country with lax underwriting standards. Check to see if the top personnel are associated with the website, if there are any to be foundGive us a call at800-314-7003
The Surety Bonds We See Most Commonly in Friendswood, 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.