Galveston, TX Surety Bonds

Your surety bond is too important to not call Pro 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 at 800-314-7003 to speak with an agent with experience. We think you'll find it more convenient that you thought. Call the Galveston Surety Bond Pros at 800-314-7003!

Your Galveston Surety Bond Is Available Right Now at Pro Surety Bond

Call 800-314-7003! What is a surety bond? A surety is a guarantee, but one that is covered by another party. If you are in the retail or service business, you probably have guarantees for your services and merchandise. Customers expect them so everyone offers them, which means there is no need for another party to fulfill the guarantee; the merchant does it himself. However if you want a business license, you will need to guarantee to the government that you will obey the regulations of your industry, and the government won’t take your word for it. They want a surety bond, backed by a surety company, to come through if you can’t. Pro Surety Bond has over 25 years of combined industry experience, and we’re here to let you take advantage of it. Call 800-314-7003!

Bidding Opportunities in Galveston

If you are bidding on public projects for the City of Galveston 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.

Click Here for Bidding Opportunities for the City of Galveston

2228 Mechanic St

#101

Galveston, TX 77550

Phone: (409) 763-5326

Map to Finance Department

Oleander City

Galveston is a city on Galveston Island and Pelican Island, in Galveston County and is the 68th most populous city in the state of Texas. The city was named after one Bernardo de Galvez y Madrid, otherwise known as Count of Galvez. Galveston got its start as a settlement constructed by a French pirate around 1816, but its importance as a port would not pass over the head of the Mexican government, which officially established the port in 1825, not long after the country’s secession from Spain. Today Galveston is located in the Houston Woodlands Sugar Land metropolitan area. It is made up of no less than six historic districts and over 60 structures listed on the National Historic Register of Historic Places

Galveston’s economy revolves around tourism, health care, shipping and financial services. One of the biggest sources of significant employment is the University of Texas Medical Branch with about 2500 students. But let’s not forget the port. The Port of Galveston started out as a simple trading post, and today comprises 850 acres of port facility near the water. It serves as a port of call for several Caribbean cruise ship vessels, including two Carnival Cruise vessels, the Carnival Conquest, the Carnival Triumph, and the Carnival Magic, the last of which is the largest cruise ship based at the port that operates all year.  Call the Galveston Surety Bond Pros Today at 800-314-7003!

How much do surety bonds cost? There is no blanket answer that will satisfy that question, given that there are all kinds of bonds and there are 50 states each with their own requirements. Nevertheless, we can tell you that well over half of all surety bonds are in the 1% to 5% yearly coverage. So if you need $20,000 in coverage at 1% that would be $200 per annum. This is not including contract bonds or construction / performance bonds, which require large amounts of coverage and so are in a separate category of their own.

Call Today to Get Your Galveston Surety Bond

So what are the costs of a construction bond? Construction bonds, also known as performance bonds, cost typically 1% to 3%, but given the vagaries of the construction industry, they can cost up to 15%, and some can even include asset collateral. Performance bonds underwriting relies heavily on the credit record of the applicant, mostly because performance bond coverage comes in the form of a short term loan to the bond requester (aka the obligee), but one that you, the principal, must repay to the surety. Give us a call at 800-314-7003

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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.