What to do Before Applying for a Surety Bond For many surety bond applicants, time is of the essence. Whether to operate their business, submit a bid on a construction project, or claim ownership of their vehicle, your customers have a lot riding on their bonds. However, most first-time surety applicants have little knowledge …
BondExchange Brings Surety Business to Agents Does your surety hand you paying customers with a commission check? What if your website gave insureds the ability to shop the entire surety market, quote, and purchase bonds in minutes? BondExchange now provides agents with all of these features and more… What’s New? Agents can now generate business …
Introducing BX Pay One of the most common new feature requests we get from agents is the ability to pay for bonds online with just a bank routing and account number. With BX Pay, you and your customers can now do just that. In this article, we explain what BX Pay is, how it works, …
Quote Bonds on Your Website with SuretyPro What if you could power your agency’s website with all of BondExchange’s capabilities? With SuretyPro, this is now a reality. In this article, we explain what SuretyPro is, how it works, and why using it will instantly cement your agency’s reputation as a bona fide surety pro. What is …
Generate Business With BookBuilder February 21, 2022 The 1992 film “Glengarry Glen Ross” seared the mantra of ABC, or “Always Be Closing,” into the minds of an entire generation of sales professionals, insurance agents included. The premise of the strategy is simple; you must gear every interaction you have with a customer towards closing a …
Free Lottery Bond eBook We have compiled a Free Lottery Bond eBook containing the surety bond and licensing requirements for lottery retailers all across the country. In this eBook, insurance agents will learn: The bond requirements for lottery retailers Who is required to obtain a Lottery Bond How to obtain a Lottery Bond for your …
Free Lost Title Bond eBook We have compiled a Free Lost Title Bond eBook containing the surety bond and licensing requirements for bonded title applicants all across the country. In this eBook, insurance agents will learn: The bond requirements for bonded title applicants Who is required to obtain a Lost Title Bond How to obtain …
Free Money Transmitter Bond eBook We have compiled a Free Money Transmitter Bond eBook containing the surety bond and licensing requirements for money transmitters all across the country. In this eBook, insurance agents will learn: The bond requirements for money transmitters Who is required to obtain a Money Transmitter Bond How to obtain a Money …
How to Properly File a Surety Bond January 27, 2022 On the surface, filing a surety bond seems simple enough. The surety company provides your customer with the bond which must then be signed and submitted either electronically, in person, or via mail to the obligee’s address. However, some obligees are extremely picky, and if …
Contract Bond Underwriting: A Guide for Agents January 12, 2022 Contract bonds are an important surety bond class that contractors purchase when bidding on or entering into a contract with a project owner. The 1935 Miller Act requires contractors to become bonded on all federally funded projects costing $100,000 or more, and many states have …
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