blog2019-02-22T16:00:19+00:00

Utah Auto Dealer Bond: A Comprehensive Guide

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September 25th, 2020 Utah Auto Dealer Bond: A Comprehensive Guide This guide provides information for insurance agents to help new and pre-owned car dealership owners on Utah Auto Dealer bonds At a Glance: Average Cost: $281 - $5,250 per year for the $75,000 bond amount Bond Amount: $75,000 for new or used motor vehicle dealers (most [...]

Understanding Bid Bonds and Performance and Payment Bonds: The Complete Guide for Insurance Agents

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September 24th, 2020 Understanding Bid Bonds and Performance and Payment Bonds: The Complete Guide for Insurance Agents Whether you're a recently licensed insurance agent or a seasoned veteran of the industry, contract bonds can be confusing at times. Between the legalese of the contract language and the internal jargon of the Surety Company, insurance agents tend [...]

Kentucky Auto Dealer Bond: A Comprehensive Guide for Insurance Agents

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September 22nd, 2020 Kentucky Auto Dealer Bond: A Comprehensive Guide for Insurance Agents This guide provides information for insurance agents to help new and pre-owned car dealers on Kentucky Auto Dealer bonds At a Glance: Average Cost: 0.6% to 5% of the bond amount per year, based on the business owner’s credit Bond Amount: Between $25,000 [...]

Hawaii Auto Dealer Bond: A Comprehensive Guide for Insurance Agents

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September 22nd, 2020 Hawaii Auto Dealer Bond: A Comprehensive Guide for Insurance Agents This guide provides information for insurance agents to help new and pre-owned car dealers on Hawaii Auto Dealer bonds At a Glance: Average Cost: 0.6% to 5% of the bond amount per year, based on the business owner’s credit Bond Amount: Used Auto [...]

Tuition Pressure from COVID Squeezes Private School Bonds

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September 17th, 2020 Tuition Pressure from COVID Squeezes Private School Bonds Schools nationwide have been struggling to justify already inflated tuitions as COVID-related mandates have moved most instruction on-line. To start the school year, many schools invited students back to campus for in-person instruction, only to send them home a few weeks later, after having collected [...]

Missouri Auto Dealer Bond: A Comprehensive Guide for Insurance Agents

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September 17th, 2020 Missouri Auto Dealer Bond: A Comprehensive Guide for Insurance Agents This guide provides information for insurance agents to help new and pre-owned car dealers on Missouri Auto Dealer bonds At a Glance: Average Cost: $250 - $4,500 per year, based on the business owner’s credit Bond Amount: $50,000 for Auto Dealers (most common) $100,000 [...]

Virginia Auto Dealer Bond: A Comprehensive Guide For Insurance Agents

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September 16th, 2020 Virginia Auto Dealer Bond: A Comprehensive Guide For Insurance Agents This guide provides information for insurance agents to help new and pre-owned car dealers on Virginia Auto Dealer bonds At a Glance: Average Cost: $500 - $4,500 per year, based on the business owner’s credit Bond Amount: $50,000 for Auto Dealers (most common) [...]

New York Auto Dealer Bond: A Comprehensive Guide For Insurance Agents

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September 16th, 2020 New York Auto Dealer Bond: A Comprehensive Guide For Insurance Agents This guide provides information for insurance agents to help pre-owned car dealers on New York Auto Dealer bonds At a Glance: Average Cost: $20,000 Bond: $130 per year, no credit check $50,000 Bond: $450 per year, no credit check $100,000 Bond: $700 [...]

Connecticut Auto Dealer Bond: A Comprehensive Guide For Insurance Agents

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September 14th, 2020 Connecticut Auto Dealer Bond: A Comprehensive Guide For Insurance Agents This guide provides information for insurance agents to help new and pre-owned car dealership owners on Connecticut Auto Dealer bonds At a Glance: Average Cost: $50,000 Bond: $250 - $4,500 per year based on the business owner’s credit $10,000 Bond: $150 per year [...]

Oregon Auto Dealer Bond: A Comprehensive Guide for Insurance Agents

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September 14th, 2020 Oregon Auto Dealer Bond: A Comprehensive Guide for Insurance Agents This guide provides information for insurance agents to help new and pre-owned car dealership owners on Oregon Auto Dealer bonds At a Glance: Average Cost: $313 - $4,500 per year, based on the business owner’s credit. Bond Amount: $50,000 Who Needs It:All dealers who [...]

South Carolina Auto Dealer Bond: A Comprehensive Guide for Insurance Agents

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September 11th, 2020 South Carolina Auto Dealer Bond: A Comprehensive Guide for Insurance Agents This guide provides information for insurance agents to help new and pre-owned car dealership owners on South Carolina Auto Dealer bonds At a Glance: Average Cost - Based on Business Owner's Credit $30,000 Bond: $150 - $3,000 per year $15,000 Bond: $100 [...]

Surety Bonds: The Hidden Gem For Insurance Agents

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September 10th, 2020 Surety Bonds: The Hidden Gem For Insurance Agents Agents who leverage quality surety brokers can profitably write surety bonds and generate leads for other insurance lines. Surety bonds offer insurance agents a unique opportunity to differentiate their agency by providing an essential business product that can lead to many other insurance selling opportunities. [...]

Texas Auto Dealer Bond: A Comprehensive Guide For Insurance Agents

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September 8th, 2020 Texas Auto Dealer Bond: A Comprehensive Guide For Insurance Agents This guide provides information for insurance agents to help new and pre-owned car dealership owners on their Texas Auto Dealer bond At a Glance: Average Cost: $200 - $2,298 for a two year term, rates are based on business owner’s credit Bond Amount: [...]

North Carolina Auto Dealer Bond: A Comprehensive Guide for Insurance Agents

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September 3rd, 2020 North Carolina Auto Dealer Bond: A Comprehensive Guide for Insurance Agents This guide provides information for insurance agents to help new and pre-owned car dealership owners on North Carolina Auto Dealer bonds At a Glance: Average Cost: $250 - $4,000 per year, rates based on business owner’s credit Bond Amount:$50,000 for one location, [...]