Lewisville, TX Surety Bonds

Call one of our sales reps at Pro Surety Bond for your next 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. Be one of the many who call 800-314-7003 for the best on their Lewisville Surety Bonds. Our agents know the ropes and can find you the savings you love. Call the Lewisville Surety Bond Pros at 800-314-7003!

The Only Lewisville Surety Bond Resource You Will Ever Need

Call 800-314-7003! What is a surety bond? A surety bond, despite its name, is unrelated to corporate bonds, but is rather a promise of a surety company to loan you money in the unlikely event that you will default on a promise. Take the example of sales tax. When you get a business license in the State of Texas, you promise to collect sales tax for the department of taxation. To incentivize you to do so according to regulation, they require that you take out a surety bond, which is essentially a promise on the part of the surety to give you a short term loan to cover any unlikely indemnities you may need to pay. Pro Surety Bond has over 25 years of combined industry experience, as we’re here to give you best treatment possible, even if your credit isn’t great. Call 800-314-7003!

Bidding Opportunities in Lewisville

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

Lewisville Finance Department

151 W. Church Street
Lewisville, TX 75029-9002
Phone: 972.219.3404
Map to Finance Department

Lewisville Is L-town

Lewisville is a city in Denton County and is the 33rd most populous city in the state of Texas. Lewisville got its start as Holford’s Prairie in the 1840s, but as with so many places in the United States, things didn’t start rolling, so to speak, until the railroad arrived. But Lewisville almost didn’t happen on account of overzealous land grant claims. Apparently too many were competing over the same area and the result was the Hedgcoxe War which left on Basdeal Lewis victorious, and as we know the victorious write the history. Today Lewisville, with its Lewisville Lake, is the recreational center for the Dallas Fort Worth area.

In 2010 Lewisville was chosen as the Community of the Year by the Texas Chapter of the American Planning Association Awards Committee for its work in modernizing the city by taking it from an agriculturally based economy to a 20th century community that can compete economically with the rest of the country. It could only happen thanks to enhancements made to infrastructure, city planning and the redevelopment of the downtown area. By embracing progress, city officials believe, the College Station can promote a better way of life. Call the Lewisville Surety Bond Pros Today at 800-314-7003!

How are surety bond premiums calculated and how is it different than how regular liability insurance is calculated? When it comes to liability insurance, premiums are determined with complex actuarial formulas that statistically determine the aggregate expected indemnities, and on top of that is the insurance company’s expenses and profits. In other words, liability insurance premiums are calculated with the expectation of indemnities.

The Only True Choice For Lewisville Surety Bonds

With surety bonds, the premiums are determined not by how likely a payout is, but by how unlikely. Surety bond applicants are examined for financial stability, and depending on how UNrisky they are, a premium is set. This final distinction is what separates surety from liability insurance, because surety bond indemnities are not paid out with premiums taken in by the surety, but with the surety’s own credit line, and thus we should think of a payout as a temporary loan made on behalf of the bond purchaser, to cover the indemnity. The bond purchaser is essentially paying for the credit line. That’s why surety bonds are 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.