Nevada Loan Services Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Nevada Loan Services Bonds At a Glance: Lowest Cost: 1% of the bond amount per year based on the applicant’s credit Bond Amount: $50,000 plus an additional $5,000 for each branch location Who Needs it: All …
Nevada Money Transmitter Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Nevada Money Transmitter Bonds At a Glance: Lowest Cost: 1% of the bond amount per year based on the applicant’s credit Bond Amount: $10,000 plus an extra $5,000 for each additional Nevada branch location up to …
Nevada Credit Service Organization Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Nevada Credit Service Organization Bonds At a Glance: Lowest Cost: $1,000 per year based or $100 per month on the applicant’s credit Bond Amount: $100,000 Who Needs it: All credit service organizations operating in Nevada …
Surety Bonds vs. Insurance July 30, 2021 A common misconception among insurance agents is that surety bonds are just another insurance product, no different from standard, more traditional lines. However, any agent who has actually worked to obtain a surety bond knows that this is far from the truth. While surety bonds are technically considered …
Nevada Debt Management Services Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Nevada Debt Management Services Bonds At a Glance: Lowest Cost: $500 per year or $50 per month based on the applicant’s credit Bond Amount: Minimum of $50,000 (more on this later) Who Needs it: All debt …
Nevada Collection Agency Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Nevada Collection Agency Bonds At a Glance: Lowest Cost: $175 per year or $18 per month based on the applicant’s credit Bond Amount: Based on the average monthly balance of the company’s trust account used to …
New Mexico Mortgage Loan Originator Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain New Mexico Mortgage Loan Originator Bonds At a Glance: Lowest Cost: $250 per year or $25 per month based on the applicant’s credit Bond Amount: Based on the total annual amount of mortgage loans …
New Mexico Mortgage Loan Company Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain New Mexico Mortgage Loan Company Bonds At a Glance: Lowest Cost: $250 per year or $25 per month based on the applicant’s credit Bond Amount: Based on the total annual amount of mortgage loans …
New Mexico Money Transmitter Bond: A Comprehensive Guide July 28, 2021 This guide provides information for insurance agents to help their customers obtain New Mexico Money Transmitter Bonds At a Glance: Average Cost: Between 1% to 12.5% of the bond amount per year based on the applicant’s credit Bond Amount: Between $300,000 to $5 million (more …
New Mexico Money Transmitter Bond: A Comprehensive Guide Read More »
New Mexico Collection Agency Bond: A Comprehensive Guide July 28, 2021 This guide provides information for insurance agents to help their customers obtain New Mexico Collection Agency Bonds At a Glance: Average Cost: Between 0.5% to 5% of the bond amount per year based on the applicant’s credit Bond Amount: Minimum of $5,000 (more on …
New Mexico Collection Agency Bond: A Comprehensive Guide Read More »
Receive monthly content on bond updates, new features that can benefit your agency, educational materials, and much more!
