Here at TexCap, we don’t just provide insurance to protect your business. We also offer bonds to support your business obligations.
Types of Surety Bonds
We offer surety bonds, which are financial guarantees between you (the contractor) and a third-party. Bonds ensure that any contracts or other business deals you and a third-party agree upon will be fulfilled, and that in the event of broken terms, the harmed party can make a claim on the bond. Bonds are not insurance, but are underwritten like a loan.
License & Permit Bonds
License and permit bonds are acquired by a property owner or contractor doing work on behalf of a property owner. They are at the very least a regulatory avenue for municipalities, counties and states to provide quality control, along with revenue.
TexCap has surety’s that offer up to 30% dividend programs. We offer comprehensive evaluations of a company’s financials to make sure they are in the best positions to be underwritten.
Also known as business bonds and commercial surety bonds, Commercial Bonds are agreements that protect businesses. They’re generally required by state laws for various industries, and guarantee some aspect of a principal’s occupation.
TexCap can provide a means to obtain a competitive bond line. Whether the contractor is looking to increase their bonding capacity or put themselves ahead of their competition with an impressive letter of authority, we can help.
Get In Touch
(972) 720-5340 | info@TexCapINS.com
12404 Park Central Dr. Suite 200-N, Dallas, TX 75251
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