CallPro Surety Bondtoday for some of the best premiums available 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.When you call800-314-7003, you’ll speak to a committed representative.We can tell you whatever you need to know.Call the Lady Lake Surety Bond Pros at800-314-7003!
A Lady Lake Surety Bond Quote in One Day
Call800-314-7003!What is a surety bond? Is way for one party to “rent” the financial reputation of another company, in order to provide a guarantee to a commitment it makes to another party. If you own a restaurant, there are numerous regulations for that industry and in order for be licensed you have to be able to guarantee that any fines levied against you can be paid. They make you take out a surety bond as a guarantee because they know that few small businesses have the financial resources to back up their own guarantee if it’s too large. When the restaurant owner buys a surety bond, he is in a sense renting the financial reputation of the surety, because the surety, being a financial institution is in a capital position to provide guarantees to parties that cannot do so themselves. Pro Surety Bond has over 25 years of combined industry experience, so give us a call even if you think we’re too expensive. Call us even if your credit history has posed problems in getting bonded in the past. We’ve been doing this a long time.Call800-314-7003!
Bidding Opportunities in Lady Lake
If you are bidding on public projects for the City of Lady Lake 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.
Lady Lake is a town in Lake County and it is the 129th most populous city in the state of Florida. Lady Lake is a bright and welcoming community with a hometown feel. It is conveniently located in the conveniently located Central Florida area, and has road access to the highway 27 and Highway 441 corridor as well as Interstate 75, the Florida Turnpike and various tourist attractions. It is a town of tree lined streets, Spanish moss, well-groomed lawns and family oriented neighborhoods…all ow which are surrounded by orange groves and lakes. Today Lady Lake is an important part of the Orlando—Kissimmee—Sanford metropolitan area.
The Town of Lady Lake is on the rise, in commerce, population and housing—and it has no intention of stopping. Some of the reasons the town is attracting people include a local government that is dedicated to providing responsible development, a friendly government-resident interface with the public through a quality customer service experience, continual beautification programs, and a general focus on providing amenities, funding good schools and attracting businesses that serve the people and enhance the quality of their lives. Call the Lady Lake Surety Bond Pros Today at800-314-7003!
What makes surety bond different from insurance? One thing that distinguishes insurance from surety bonds is the number of parties that enter into the surety bond transaction. Insurance policies consist of two parties, the insurance company and the policy holder. With surety bonds there are three parties: the party asking for the coverage (the obligee) from the party (the principal) that needs to do the covering and who also pays for the bond, and the surety (the obligor) which backs up the principal.
We're Your Best Option For Lady Lake Surety Bonds
It’s important to remember that even though the principal purchases the bond, the real customer is the obligee, without whom there would be no need for a surety bond. As such, the surety must pay any valid claim, even if the principal has misrepresented something in the transaction. This is not the case with insurance, since material misrepresentations can void a policy. The surety can pay the misrepresented claim because the principal agrees to not hold the obligor responsible for damages. The surety only provides a guarantee, the principal still needs to reimburse the obligor.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Lady Lake, FL
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.