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What is a Right of Way Bond?
A Right of Way Surety Bond is a type of insurance that guarantees the bondholder will perform or reimburse for work to be performed in public right-of-ways, easements and on highways. Bonds are commonly obtained when developers need permission from municipalities with rights over projects within their borders in order to connect development parcels via road access.
Need a Grand Traverse County, MI – Right of Way Bond?
One type of bond is the right of way bond. A right-of-way bond protects your interest in land by securing the payment for damages incurred through construction on your property. This includes any damage done to trees, fences, and other structures on your property during construction.
If you need a Right of Way Bond, contact us today! We will provide you with all the information you need so that you can make an informed decision about what type of bond best suits your needs. In order to get started, please fill out our quick form above or give us a call at (913) 214-8344. One of our representatives will be happy to assist you!
Contact Swiftbonds today for more information about how we can provide a right of way bond for you!
Why is the Grand Traverse County, MI – Right of Way Bond required?
Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Read a Ionia, MI – Itinerant Vendor ($600) Bond.
How does a Grand Traverse County, MI – Right of Way Bond work?
Getting a Grand Traverse County, MI – Right of Way Bond means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. Here's a MI – Installation Made Easy Inc (IME) IME Affiliate Bond.
How much does a Grand Traverse County, MI – Right of Way Bond cost?
Grand Traverse County, MI – Right of Way Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get a Grand Traverse County, MI – Right of Way Bond with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Get a MI – Inside and Residential Performance (Fringe Benefits) Bond.
How to get your Grand Traverse County, MI – Right of Way Bond?
Would you like to know the first step in getting your Grand Traverse County, MI – Right of Way Bond? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Find a Houghton, MI – City Transient Merchant Bond.