Highland Village, TX Surety Bonds

Call Pro Surety Bond for some of the best premiums on the market. 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. It’s a matter of calling 800-314-7003 and speaking to one of your representatives. You won’t need any other number. Call the Highland Village Surety Bond Pros at 800-314-7003!

The Premier Name In Highland Village Surety Bonds

Call 800-314-7003! What is a surety bond? A surety bond is kind of like a big brother sticking up for you when you need it. If for example, one is applying for a business license, the government wants a commitment from the business that it will operate in an honest manner and stick to the regulations laid out for that industry. Unfortunately they won’t take you at your word, so they require the business to be bonded by a licensed surety company. Being a type of insurance, the surety has the financial reserves, which are required by the insurance commissioner in each state, to back up any claim made against the bond. The surety promises it will make a loan to the business to take care of the claim, in order to make the government happy. Pro Surety Bond has over 25 years of combined industry experience, so you could say we know the ropes. Call today even if your credit is not great. We have a program for almost everyone. Call 800-314-7003!

Bidding Opportunities in Highland Village

If you are bidding on public projects for the City of Highland Village 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 Highland Village

1000 Highland Village Road

Highland Village, TX 75077

Phone: 972-899-5131

Map to Finance Department

A Little Country A Little Small Town

Highland Village is a city in Denton County and it is the 165th most populous city in the State of Texas. The city was founded only in 1963 when about 100 residents around Lake Lewisville wanted to exercise a little more power over their community, and thus a city that started as a sleepy rural town turned into an exclusive suburb. It represents quite a change. Residents today will tell you that their city is a little bit Dallas a little bit laid back small town. Today Highland Village is a vital part of the Dallas Metropolitan Area.

Highland Village has experienced remarkable economic growth over the past few decades, much of the thanks to the economic development council, but also to the prime location just minutes away from Dallas. City officials are committed to the quality of life in their fair city, and over the years they have developed a great educational system, an upper income family oriented way of life and quality public spaces. The city is currently looking for upper tier retail outlets that are geared to the typical resident.  Call the Highland Village Surety Bond Pros Today at 800-314-7003!

How do underwriters size up a prospective construction industry client? There are three canonical C’s that allow an underwriter to evaluate the risk worthiness of an applicant, and they are Credit, Capital, and Capacity. Credit is the cornerstone, because it’s common knowledge that global judgements can be made about a person based on their credit. Capital refers to how much a business has on hand, and is thus a testament to how well you handle your business’s finances. Underwriters will examine balance sheets, income statements, and accounts receivable overdues. As a rule the more cash on hand the more bonding you can get. Finally there is capacity, which indicates your ability to follow through on commitments and relate to your experience, business acumen and organization.

Your Highland Village Surety Bond Is Available by Calling Pro Surety Bond

What is a general indemnity agreement? A general indemnity agreement is a document signed by the principal (bond purchaser) and indemnifies the surety company against loss as a result of claims against the bond. This is the key thing that separates from liability insurance. In simple language, the general indemnity agreement says that if someone makes a valid claim against the bond, the surety company will pay the claim, but the principal must still pay the surety back plus fees if applicable. It sounds wrong, but remember that payouts are not particularly common, and having each party pay their claims this is the reason that surety bonds can be kept so cheap. 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.