Get a fast and free quote fromPro Surety Bondwhen you need a 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.Our bond counselors have the scoop on surety bonds so call800-314-7003We think you’ll be a client for a long time.Call the Vidor Surety Bond Pros at800-314-7003!
We Can Get Your Vidor Surety Bond Priced Quickly
Call800-314-7003!What is a surety bond? A surety bond is a way of “renting” financial strength of another company in cases where you cannot do it yourself. If you own a business, you promised the government that you would uphold the regulations of your industry as a condition for being allowed to conduct business, and the government wants a guarantee from you that you will. They make you buy a surety bond because they understand well that you are not capable of backing your guarantee personally, but they know that the surety company can. When you buy a surety bond the surety promises the government that it will offer you a short term loan to cover any claims the government makes against your bond. Pro Surety Bond has over 25 years of combined industry experience and we won’t mind if you give us some more. So call us even if your credit has seen better days. We have a program for almost everyone.Call800-314-7003!
Bidding Opportunities in Vidor
If you are bidding on public projects for the City of Vidor 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.
Vidor is a city in western Orange County and it is the 201th most populous city in the state of Texas. The city was not named after Hollywood silent film director King Vidor who was born about 100 miles away in Galveston, but for one Charles Shelton Vidor, a lumberman who established the Miller-Vidor Lumber Company in the area. Today Vidor is mostly a residential community, serving the Beaumont and Port Arthur area. All in all it’s the kind of place locals will tell you is a great place to raise kids.
If Vidor had a business slogan it would be Location! Location! Location! Vidor is at the intersection of Interstate Highway 10 and Farm Road 105, near Beaumont in western Orange County, so it’s easy to see how the city might be a good place to set up a business or relocate one. And if you need business assistance, there is always the Chamber of Commerce, a place where like-minded business people area can learn from experts, promote themselves, and in general create a climate that maximizes everyone’s profitability Call the Vidor Surety Bond Pros Today at800-314-7003!
What is the difference between insurance and surety bonds? Both are risk management tools, but insurance operates according to distributed risk. This means that the premiums are pooled and the beneficiaries are paid out of this pool of funds. Another way of putting it is that everyone chips in for all the rest. With surety bonds the purchaser remains entirely responsible for the indemnity paid to the beneficiary. What you buy with a surety bond is the financial stability of the surety company, with respect to its ability to act as guarantor in case a claim is made against your bond. Put another way, the surety loans you the money short term to pay the claim.
Pro Surety Bond Can Help You Take Care Of Your Vidor Surety Bond Requirement
What are public official bonds? When a public official is sworn in, they vow to uphold the duties of their office and perform those duties faithfully for the benefit of the citizenry. Note that vow deals more with performing the duties competently, as opposed to performing them honestly. The difference is between a public official who loses public funds out of carelessness and one who is an out and out thief. There is a separate bond for the latter called a dishonesty bond.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Vidor, TX
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.