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If you ever find yourself trying to decipher whether surety bond and insurance are the same, this post will give you the right resolution. SPOILER ALERT: No. They are not the same. There has been a long-standing misconception about their similarity, mainly because they both provide security. Add to that fact is the issuer of …
A construction development project can be a high-risk endeavor and requires a carefully developed plan of action to ensure the terms promised will be executed correctly and fairly for all parties involved. When starting a construction development project, the earlier construction claims prevention methods are discussed, the easier it will be to mitigate the situation …
Construction Claims Prevention: How To Protect Yourself From The Start Read More »
Your Surety Bond May Expire on December 31: Surety Bond Renewal Reminder It’s that time of the year again when many of the surety bonds are nearing expiration and need to be renewed. Just a reminder, as the Christmas holiday nears, many surety bonds are also scheduled to expire on December 31 so be sure …
A Car Dealers Guide To obtain an Auto Dealer Bond As the owner of an auto dealership business, you should probably know that purchasing an Auto Dealer Bond is one of the requirements to secure a license and legally operate. Auto dealers are required by law to obtain an Auto Dealer Bond as a …
Surety Bond Authority Launches Company to Make Surety Bond Process Simple November, 30th, 2016 – Woodland Hills, CA Surety Bond Authority, Inc., announces the launch of our new Surety Bond Company. Initially, Surety Bond Authority is offering its services in California, with plans to expand nationwide. “I’ve been working with the surety bond industry virtually …
As a consumer, are you truly aware of what types of laws or bonds have been put into place to protect you? At some point or another, most of the businesses you shop at are required to agree to a surety bond to legitimize their business. So how exactly do these bonds affect you? There …
How Do Surety Bonds Protect Consumers: A Consumer’s Guide Read More »
Unless you’re an expert, what you think you know about surety bonds may not be that accurate. There are a lot of myths and misconceptions out there. However,surety bonds are not nearly as expensive or confusing as many may think. If you are in the market for a surety bond, we want to dispel some …
When it comes to surety bonds, many do not know what they are, especially when there is a necessity for one. If you, like many others, are being required to seek a surety bond by an obligee and do not understand what they are and what they entail, here is everything you need to know. …
