South Houston, TX Surety Bonds

When all you so is surety bonds, you become a name people can trust so call 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. For only the latest surety bond information, call 800-314-7003 You’ll be happy that you called us. You’ll be happy that you called us. Call the South Houston Surety Bond Pros at 800-314-7003!

We’re Here To Make It Easy To Buy South Houston Surety Bonds

Call 800-314-7003! What is a surety bond? Surety bonds exist as a financial backup. This is a vague definition, but it is the best we can do because of the vast range of uses for surety bonds. But let’s take the example of the small business owner who needs a business license, but must first make a promise to a government licensing body that the business will adhere to the regulations set forth for that industry. Problem is that they won’t just take you at your word, so they require you to purchase a surety bond, because the surety is in the financial reputation business in a sense, and it is the surety’s financial reputation that allows the government to trust it to back up any claim made against your bond. If necessary, the surety will loan the business the money short term to cover the claim. Pro Surety Bond has over 20 years of combined industry experience, and there’s no such thing as too much experience so call us today for a fast and free quote, even if your credit it not great. We have a package for almost every credit market need. Call 800-314-7003!

Bidding Opportunities in South Houston

If you are bidding on public projects for the City of South Houston 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 South Houston

1023 Dallas St

South Houston, TX 77587

Phone: (713) 944-1910

Map to Finance Department

The Other Houston

South Houston is a city in Harris County and it is the 144th most populous city in the State of Texas. South Houston got its start as Dumont in 1907, but was incorporated as South Houston in 1913. In its early days it was a railroad distribution center for produce, but the hurricane of 1915 wiped out many industries near the coast. One man’s loss is another man’s gain as they say, and that’s exactly how it was when many of those businesses relocated to South Houston, away from the hurricane coast. Today South Houston is a vital part of the Houston The Woodland and Sugar Land metropolitan area.

South Houston and Harris County, in conjunction with the Mayor or Houston, operates the Economic Development Division which is dedicated to providing the highest quality tools and initiatives to business owners and those relocating to the South Houston area. It hopes to build on the city strengths, like its convenient location to Houston, to promote existing businesses in order to retain local jobs, and facilitate further business expansion. Incentives include the development of tax increment reinvestment zones, enterprise zones and historic site tax exemptions.  Call the South Houston Surety Bond Pros Today at 800-314-7003!

How are losses and claims handled differently by sureties and insurance companies? In the case of insurance companies, losses are expected, and the amount of loss expected is determined by complex actuarial formulae, with the insurance company’s profit factored in on top of that. Surety bonds, on the other hand, are issued only on the basis of the character and integrity of the bond applicant, and thus not loss is expected. The bond is needed to provide a guarantee.

How Are South Houston Surety Bond Claims Different from Insurance Claims?

This is simple: when it comes to insurance, insurance companies do not expect to be paid back. The indemnities they pay come out of the premiums. With surety bonds however, a surety bond indemnity is a form of short term credit paid to the bond purchaser to cover the bond requiring party (at least for the surety’s point of view). If a claim is made, the bond purchaser has only bought coverage for the right to use the surety’s financial reputation to back a guarantee. The bond purchaser still must pay the surety back. 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.