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If you check out all the different types of surety bonds that we offer, you’d quickly notice that there’s a single factor shared by all when it comes to bond cost: credit score. You’ll see statements like “If you have a stellar credit score, you will be eligible for a low bond premium” and “If …
When trying to understand what a surety bond is, a simple search will give you its definition, the different types of surety bonds, and the parties involved – Principal, Obligee, and Surety. There are some things about surety bonds that are just as important but are rarely talked about. So today, we’re going to focus …
Why should I learn about the terms and conditions of a surety bond? Isn’t this the job of a surety or an underwriter? Yes, it is. But in the spirit of transparency, we feel that our potential clients and existing clients should understand the terms and conditions as well. By having a good understanding of …
Understanding the Terms and Conditions of a Surety Bond Read More »
In April of this year, the honorable Governor of Kentucky signed House Bill 261. The said bill contains several changes, one of which pertains to the surety bond requirement of surface coal mining and reclamation operations permit applicants. In the State of Kentucky, a permit is required in order to perform surface coal mining and …
Every surety seeks zero problems in all of the commercial bonds that they issue. But suretyship isn’t perfect. Nobody is. Mistakes can happen. And that’s why surety bond claims are made. Since the surety is the one who practically told the obligee (beneficiary of the bond) that “this Principal will finish his obligations. In fact, …
The short answer is yes. A bail bondsman can refuse to bail a defendant out. It’s a common occurrence in the industry. But there’s more to this than just a simple hunch from a bail bondsman or the current mood he’s in. When a bail bondsman refuses to bail a defendant out, he has already …
Can a Bail Bondsman Refuse to Bail a Defendant Out? Read More »
While it’s true that surety bonds are not as intimidating – nor as expensive – as they may seem, it can also be safely said that they’re not the easiest things in the world either. What we meant by that statement is that the same criteria that we often use for buying, let’s say, a bar of chocolate doesn’t necessarily apply to surety bonds. Mistakes do happen when purchasing …
4 Mistakes First-Time Surety Bond Buyers Make and How to Avoid Them Read More »
Telemarketing is the fastest growing industry today, and companies are using this to generate sales. Telemarketing is carried out over the phone and sometimes through web conferencing scheduled during the call. It includes both making sales pitches through direct phone calls or playing pre-recorded sales promotions over the phone. Many telemarketing companies in Los Angeles …
Phone Solicitors: You Need a Los Angeles Telemarketing Bond Read More »
Surety bonds are not only for contractors or individuals involved in court proceedings. When you’re entangled in the commotion of starting a new business, it’s pretty easy to ignore the need for surety bonds. Getting a surety bond is the first step to obtaining licenses and permits for new business owners. Here, we list down …
Surety Bond in Arizona: 10 Types of Businesses that Require a Surety Bond Read More »
Expanding a business to provide more products, goods, and services, not only brings traffic to a store but also directly generates revenue. This is one reason why retail store owners and managers sell lottery tickets to bring in more customers and profits. As a business owner, you may have been considering selling lottery tickets at …
Lottery Bonds – For Fair Ticket Selling and Timely Tax Payments Read More »
