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 […]
The right surety agent will always take the time to answer questions about the bond process. When considering which professional surety bond company to hire think about the following three questions and what their answers reveal. Talking About Surety Bonds You expect a baseball player to know baseball. A surety agent should know surety bonds. […]
Professional surety does not happen when you work with just any surety bond company. Choosing the right surety bond professional can make all the difference. What To Look For In A Surety Bond Company The first thing to consider when reviewing professional surety options is figuring out if the company can do what it is […]
A personal bond is a way a defendant in a criminal case can be released on their own personal recognizance without needing to post bail. Court Holds Defendant Responsible For Bond The dangers of using a personal bond instead of posting bail is that the individual is held responsible for the full amount of bail should […]
A notary surety bond legally binds the notary to perform in an above the board manner. Any wrongful actions or mishandling of accounts, such as not securing the correct surety bond, can be cause for a state to take legal action against a notary. A notary has the legal responsibility to abide by all local […]