It’s true that not everyone is going to need a surety bond. People with a business, or who are involved in a legal situation, most commonly require the services of a surety bond company. A surety bond is a form of protection. Akin to insurance, surety bonds financially cover against a range of scenarios including […]
Court bonds are specific types of surety bonds used in court actions. Both a plaintiff and defendant may use a court bond. All states recognize this brand of surety to cover actions taken either before or after a judgment. Goal Of A Court Surety Bond The reason why courts across the country accept a court surety […]
A wage bond is known as something necessary in the construction, mining, and transportation services. This does not, however, exclude other types of employers from being required to post a wage surety bond. The need of a wage bond is recognized in every state. There are similarities and differences by which companies are automatically mandated […]
What does surety bond mean is one of the most common questions Jurisco hears. When the requirement of a bond comes up it doesn’t mean that everyone is on the same page about knowing what’s going on. And that’s alright. There’s no need to know everything about what does surety bond mean and do. Jurisco […]
While learning about surety bonds you may run across the term surety underwriter and think, hmmm, what is that exactly? Well, now you can finally find out. A surety underwriter is a person who reviews a surety bond application and determines if the company can provide the bond in question. They evaluate risk both for […]
The right surety title company makes the surety bond process as smooth as french vanilla ice cream. Use the wrong one and you’re dealing with a rocky road. Dealing with the necessity of a surety bond can be stressful. It’s understandable what with meeting your state’s bonding requirements along with any stipulations set by a […]
Surety insurance is required by states to protect both businesses and consumers. When a company offers to secure travel arrangements, for example, they are required to post a surety bond. This bond is used as insurance that the travel agency will abide by all regulations and not misuse funds entrusted to them for travel purposes. […]
It’s come to your attention that you need a surety bond so you start reviewing surety companies. But what is a surety company anyway and what are they after? What Is A Surety Company A surety company is a recognized and legal provider of surety bonds. Surety bonds are third party agreements that help […]
Surety bond insurance helps in a variety of ways. First, a surety bond protects the interest of all parties and is recognized in courts as a secure measure to meet requirements. For instance, an individual who wishes to appeal the court’s decision and not pay a money judgment until then must provide the court with […]