Palm Coast, FL Surety Bonds

Let Pro Surety Bond earn its wings by tracking down one of the most affordable bond rates we can find in our network of underwriters. 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. 800-314-7003 is the only number you need when purchasing surety bonds. Our bond counselors exist to answer your questions! Call the Palm Coast Surety Bond Pros at 800-314-7003!

Speak To A Palm Coast Surety Bond Professional Today

Call 800-314-7003! What is a surety bond? A surety bond is a security deposit of sorts. What are security deposits for? They cover the party that asks for it to the extent that if you cause them to incur debt of damages, they need a mechanism to recoup their losses. Just like the deposit on an apartment, the surety bond, which is formally handled by a surety company, covers the government in the unlikely event of a claim that stems from unpaid fines or other indemnities. You made a commitment to adhere to the regulations of your industry as a condition of your licensure, and it's the surety’s job to make sure that if a valid claim is made against the bond, they surety will make sure the claim is paid through a short term loan to the business. Pro Surety Bond has over 25 years of combined industry experience, so call today even if you think reasonably priced bonding is out of your reach. We have a large network of underwriters and one of them might be able to help you. Call 800-314-7003!

Bidding Opportunities in Palm Coast

If you are bidding on public projects for the City of Palm Coast 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 Palm Coast

160 Lake Avenue

Palm Coast, FL 32164

Phone: 386) 986-3700

Map to Finance Department

Florida Living At Its Best

Palm Coast is a city in Flagler County and it is the 28th most populous city in the state of Florida. Palm Coast was conceived by the ITT Community Development Corporation to have an astonishing 48000 home sites on about 42000 acres set aside for the community. Palm Coast is a new city, only having been incorporated in 1999, and features about 70 miles of saltwater, freshwater canals, and a natural environment that draws people from all over. Today Palm Coast is one of the principal cities on the Deltona—Daytona Beach—Ormond Beach metropolitan area.

Palm Coast is committed to creating and maintaining a business positive economic growth, in accordance with its Prosperity 2021 program. Prosperity 2021 is the city’s central economic development plan, and its goal is to provide great neighborhoods, support existing businesses, and encourage outside capital investment. In turn, the Palm Coast Business Assistance Center exists to implement the plan, in partnership with Flagler County business leaders and the Small Business Development Center at the University of Central Florida. Call the Palm Coast Surety Bond Pros Today at 800-314-7003!

Who are the parties to a surety bond? Surety bonds have three parties, one who is requesting performance for some reason, one that commits to that performance and one that guarantees the performance. The requesting party is called the obligee. They need protection from the party that is going to execute the work or commitment, and they are called the principal. The third party is the surety, called the obligor. The obligor is the party that supplies the surety bond and guarantee that if there is a default on the bond, then the surety is there to assist the principal in getting the job done, whether it means stepping in and taking over his work, as in the case of construction bonds, or simply making sure that a fine is paid by loaning the principal the money to cover it.

The Most Reliable Source For Palm Coast Surety Bonds

What exactly does the surety do for the principal? The surety does a number of things. For instance, the surety vouches for the character, reputation and professionalism of the company. The surety also makes sure that the contractor is up to the job be determining if he has a history of defaults, an adequate staff, business skills, and equipment to get it done. Finally, the surety does a financial analysis of the company by investigating its credit history and even the credit history of its upper management. Give us a call at 800-314-7003

Related Links:

Palm Coast Municipal Page
160 Lake Ave

Palm Coast, FL 32164

Phone: (386) 986-3700

Palm Coast Chamber of Commerce

20 Airport Rd

Palm Coast, FL 32164

Phone: (386) 437-0106

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.