What’s the New Surety Bond Requirement?
The new Georgia bill, titled HB 205, increases the maximum bond amount required in order to obtain a permit to drill an oil or gas well from $50,000 to $100,000.
Why Choose JW Surety Bonds?
We are the nation’s largest volume bond producer, and provide the lowest rates in the industry. It’s also crucial that you understand that you’re responsible to pay any claims filed on your bond. When you partner with our company, you will have a dedicated claim specialist assigned to your account to ensure claim payouts are either reduced or avoided all together.
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If you’re ready to get a surety bond for this newly increased bond requirement, you can simply apply online.