Mineral Wells, TX Surety Bonds

Pro Surety Bond is dedicated to surety bonds, so call today for a fast and free quote. 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. For great surety bond information from bond professionals call 800-314-7003 You won’t be sorry you picked up the phone.Call the Mineral Wells Surety Bond Pros at 800-314-7003!

We’re Paid To Make Mineral Wells Surety Bond Purchasing Easy

Call 800-314-7003! What is a surety bond? A surety bond covers a party that needs a guarantee of some sort. That is sort of vague so here’s an example: if someone owns a business, they have to make a promise to the government that they will abide by the regulations set forth for that industry. Fining someone for an infraction is easy enough, but this is the government and they need something a little more solid to back up your promise. Surety bonds exist to make that guarantee where a business can’t because it doesn’t have the reputation. Sureties are in the financial field, the insurance industry to be exact, and thus have a financial reputation to back up the guarantee by promising the government that it will loan you the money to cover any claim. Pro Surety Bond has over 20 years of combined industry experience, and with experience comes reputation. Experience our great reputation by calling us for a fast and free quote, even if your credit isn’t great. We have a program for almost every need. Call 800-314-7003!

Bidding Opportunities in Mineral Wells

If you are bidding on public projects for the City of Mineral Wells 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 Mineral Wells

211 SW 1st Avenue

Mineral Wells, TX 76067

Phone: (940) 328-7700

Map to Finance Department

Greatness Springs From Us

Mineral Wells is a city in Palo Pinto and Parker Counties, and it is the 147th most populous city in the state of Texas. The city was fittingly named for the mineral springs nearby, which made the city a popular tourist attraction in the early part of the 20th century. Probably the most interesting event in Mineral Wells history occurred in 1919, when the city hosted the Spring Training Camp for the Chicago White Sox, the year of the Black Sox scandal in which players were paid to throw the World Series. Today Mineral Wells is known mostly for the Baker Hotel, widely considered the first skyscraper built outside a major metropolitan area, and for being an important part of the Dallas Metropolitan area.

Being only 40 minutes west of Dallas, Mineral Wells is an excellent place to relocate a business, or open a new one. The Mineral Wells and Palo Pinto County Area Growth Council is dedicated to providing services for business creation of relocation of new industries, services to retain and expand enterprises currently located here, and to provide ongoing direction and financial assistance for ongoing industrial development. Since 1993 the Council has created more than 12,000 jobs in the area.  Call the Mineral Wells Surety Bond Pros Today at 800-314-7003!

Why do people confuse insurance and surety bonds? The most obvious reason is that insurance companies are the ones that do the underwriting; but that’s only part of the reason because there is a significant amount of overlap in coverage between the two. For instance, both cover harmed individuals to collect recompense, and they can be used for reparations in some cases. The differences are in a number of features like the nature of the contract, the type of protection and losses and claims.

Differences Between Insurance And Mineral Wells Surety Bonds

Insurance is a form of risk management, between two parties: but insurer and the insured. Surety bonds are a three way contract, one in which the surety guarantees some the fulfillment of a commitment on behalf of one of the parties for another. With insurance, the policy purchaser is covered, with the surety bond, the party asking for the bond is covered, even though they do not buy the bonds. Insurance premiums are based on the expectation of loss, whereas the surety bond premium does not cover the loss, they only pay for the underwriting expenses and the right to use the surety’s financial reputation as a guarantee. 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.