SURETY BOND BLOG

Tag Archives: freight broker bond

Freight brokers play an important role in delivering thousands of varieties of goods to people all over the country. There is a lot of financial risk within the freight business so there are safeguards in place to make sure everyone plays fairly. The main issue is that many freight brokers run into the expenses of read more »

Electronic bonding is the way of the future for the surety bond industry. Filing a surety bond electronically will allow agencies to issue a bond and the principals to obtain their bond in a shorter period of time. However, I think the use and integration of such a system is still a long ways off. read more »

There are numerous factors that are taken into consideration when underwriting a surety bond. For a license and permit bond the owner(s) personal credit, home equity, and net worth are deciding factors on whether to decline or approve, and at what rate. One factor overlooked by many is the state’s bond form for the specific read more »

Searching online for a surety bond can be a confusing mess for anyone new to suretyship. You will notice that you will often find irrelevant information from state websites or sometimes you will simply stumble upon an agencies site that is too confusing to navigate. That is why it is very important to be as read more »