How to File a Surety Bond December 1, 2021 For most insurance products, the process of obtaining coverage involves two distinct steps. You provide your customer with a quote and then they purchase the policy. Now we all know that it isn’t usually that easy, and agents often spend significant portions of their time consulting …
Birmingham Transient Dealer Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Birmingham Transient Dealer Bonds At a Glance: Lowest Cost: $100 per year or $10 per month Bond Amount: $5,000 or 10% of all projected sales, whichever is greater Who Needs it: All transient merchants operating in …
Alabama Auctioneer Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain an Alabama Auctioneer bond. At a Glance: Lowest Cost: $100 per year or $10 per month Bond Amount: $10,000 Who Needs it: All auctioneers and apprentice auctioneers operating in Alabama Purpose: To ensure the public will receive compensation …
Alabama Appraisal Management Company Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Alabama Appraisal Management Company bonds At a Glance: Lowest Cost: $250 per year or $25 per month Bond Amount: $25,000 Who Needs it: All appraisal management companies operating in Alabama Purpose: To ensure the public will …
Arkansas Residential Roofing Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain an Arkansas Residential Roofing Bond At a Glance: Lowest Cost: $113 per year or $12 per month based on the applicant’s credit Bond Amount: $15,000 Who Needs it: All residential roofing contractors operating in Arkansas Purpose: To …
Florida Lottery Retailer Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Florida Lottery Retailer Bond At a Glance: Lowest Cost: 1.5% of the bond amount per year based on the applicant’s credit Bond Amount: Determined on a case by case basis (more on this later) Who …
DC Lottery Retailer Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a DC Lottery Retailer Bond At a Glance: Lowest Cost: 1.5% of the bond amount per year based on the applicant’s credit Bond Amount: Determined on a case by case basis (more on this later) Who …
Wyoming Money Transmitter Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Wyoming Money Transmitter Bonds At a Glance: Lowest Cost: 1.5% of the bond amount per year based on the applicant’s credit Bond Amount: Between $10,000 to $500,000 (more on this later) Who Needs it: All money …
DC Sports Wagering Operator Bond – Class B: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a DC Sports Wagering Operator Bond At a Glance: Lowest Cost: 1.5% of the bond amount per year based on the applicant’s credit Bond Amount: Equal to 50% of the operator’s tax …
Connecticut Lottery Sales Agent Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Connecticut Lottery Sales Agent Bond At a Glance: Lowest Cost: 1.5% of the bond amount per year based on the applicant’s credit Bond Amount: Determined on a case by case basis (more on this …
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