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. […]
Knowing how to get a surety bond is important for businesses, lawyers, and individuals. A surety bond can offer protection on many levels. States require bonds to guard consumers against wrongful business practices. Defendants and plaintiffs in active cases use a surety bond to prove good faith for their actions. And prospective homeowners can even […]
One way to secure property is a bond for title. This method is used in matters of real estate where the buyer pays the seller in installments. Bond for title represents an agreement that the funds associated with the closing of the real estate sale are not misused or stolen. Sellers who allow a bond […]
Surety Bond Texas must comply with all state and agency requirements for a Probate, Fidelity, Plaintiff and Defendants bonds. Jurisco is a trusted surety bond agency serving all Texas cities including Houston, San Antonio, Dallas, Austin and Fort Worth. Our surety bond company has a national reach with experienced professionals abreast of all surety bond Texas statutes. […]
What is an Injunction Bond? Protecting the defendant from being wrongfully enjoined, an Injunction bond covers any damages the defendant may sustain should the court rule the plaintiff’s suit is wrongful. Bond Amounts: Premium is 2% of the bond amount. Minimum of $250 The bond amount will be set by the court. FAQ: Where can […]
What is a Personal Representative Bond? Personal Representative Bonds (also called Administrator or Executor bonds) are a type of surety bond required after an individual’s death to administer final expenses and distribute assets. Bond Amounts: The Personal Representative Bond amounts vary from county to county and are dependent on the value of the estate. A […]
What is an Auto Insurance Bond? Auto Insurance Surety Bonds are guarantees the State of California, and other states, that drivers possess Financial Responsibility, or proof that you have the money to pay damages if you're involved in an accident that causes harm to a person or a person's property. Auto Insurance Bonds are used […]
What is a Guardianship Bond? This surety bond protects a person deemed incapacitated by the court to ensure the guardian does not abuse or neglect the ward financially or physically. Bond Amounts: A Guardianship Bond may be required to guarantee that the guardian will not abuse or neglect the ward financially or physically. The surety […]
What is an Appeal Bond? Required by statute for the appeal of a money judgment, surety bonds guarantee the judgment will be satisfied along with court costs. Surety bond cost varies by state but usually includes a provision for interest. Bond Amounts: Defendants bonds require full collateral in the amount of the bond. We only […]