Kilgore, TX Surety Bonds

Find some of the best premiums next surety bonds at 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. If you call 800-314-7003 right now, you'll speak to a knowledgeable agent. Our agents are waiting to answer your questions. Call the Kilgore Surety Bond Pros at 800-314-7003!

Great Customer Service And Great Premiums On Kilgore Surety Bonds

Call 800-314-7003! What is a surety bond? A surety bond opens business opportunities to you by having a third party company, the surety, backup commitments you make. For instance, if you own a business that hires union labor, government regulators want to be sure that you have the money to pay them, so they make you guarantee that you do. The only realistic way to do this is to have a third party that has the financial backing to make the commitment, back up your commitment. Surety bond do exactly this. When you buy a surety bond, the surety takes on your risk and tells government regulators that it will make sure any valid claims made against the bond will be paid through a short term loan to the business owner. Pro Surety Bond has over 25 years of combined industry experience, which we think reflects well on us. Call us even if your credit is not as good as it used to be. We have a program for a great many markets. Call 800-314-7003!

Bidding Opportunities in Kilgore

If you are bidding on public projects for the City of Kilgore 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 Kilgore

815 N. Kilgore St

Kilgore, TX 75662

Phone: (903) 984.5081

Map to Finance Department

The City Of Stars

Kilgore is a city in Gregg and Rusk Counties and it is the 181st most populous city in the state of Texas. The city was founded when the International Great Northern Railroad passed through the area on land sold to the railroad by Constantine Buckley Kilgore. Like much of that part of Texas, Kilgore made its early fortunes in cotton, but by the 1930s the price of cotton had shrunk so low that businesses close like topping dominoes. Fortunately around the same time oil was discovered, certainly the biggest reversal of fortune in the city’s history. Today Kilgore is noted as the home of Kilgore College and for being the childhood residence of classical pianist Van Cliburn.

Kilgore is serious about cultivating business positive relationships and has created a number of financial incentives to demonstrate their earnestness. For instance, franchise taxes exemptions are available for renewable energy sources like solar, wind, ethanol and biodiesel. Businesses may deduct the cost of such a system from the company’s taxable capital or deduct 10% from the company’s income. Additionally, the state of Texas offers a loan program for retrofitting public buildings in state agencies, school districts and various other government buildings. Call the Kilgore Surety Bond Pros Today at 800-314-7003!

What is the difference between insurance and surety bonds? Both surety bonds and liability insurance are a form of risk management, but it might be instructive to think of how risk and responsibility are handled with each type of coverage. With insurance, a person pays an insurance company to handle all or part of the risk involved with some activity, let’s say car coverage. Not everyone gets in a wreck, but someone somewhere gets in a wreck, and in this case the policy premium is calculated according how much each policy holder must contribute to cover those wrecks. In other words, some people pay more than their fair share if they have no wrecks, but what they’re getting in return is the assurance that the insurance company has taken on your risk for driving.

A Resource Like No Other For Kilgore Surety Bonds

With surety bonds, the bond purchaser is entirely responsible for his own damages, and that’s why surety bond premiums are both cheap and of a relatively uniform cost. Premiums are calculated according to a fixed percentage of the coverage, plus the cost of doing the background check, and surety profit, overhead and financial reserves. Since each bond purchaser remains responsible for himself, there is no distribution of risk and what you get from the surety for what you pay is its commitment to cover any valid claim in the unlikely event of default on short notice. Give us a call at800-314-7003

Related Links:

Kilgore Municipal Page
815 N Kilgore St,

Kilgore, TX 75662

Phone: (903) 984-5081

Kilgore Chamber of Commerce

813 N Kilgore St

Kilgore, TX 75662

Phone: (903) 984-5022

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.