Recent Posts
It鈥檚 Not Just About Rates. It鈥檚 About Valuable Service.
In today鈥檚 world, we are surrounded by advertisements. And whatever the product is, advertising consistently drives price to hook new customers. But is that the ...
06/21/21
How The Cost Of A Contract Bond Is Determined
What goes into determining the cost of a contract bond? Here is a basic introduction and some of the most common contract bonds: Bid bond鈥攕urety consents to ...
06/11/21
How to Get Your First Bond
Are you ready for your first surety bond? Check out this two-part blog post on acquiring your first bond. In part one, we discuss why a surety agent is important ...
02/17/21
Commercial Surety 101: Why Contractors Need to Be Licensed and Bonded
Most states require contractors to be licensed to obtain permits for projects. State and local jurisdictions may also require contractors to be bonded in order to ...
01/21/21
Understanding the Claim Process for Bonds vs. Insurance
The claims process for surety bonds is considerably different from the process for an insurance claim. One significant distinction is which party is ultimately ...
12/04/20
What is Remote Notarization?
More than half of U.S. states have passed laws allowing document notarizations to take place remotely - known as Remote Online Notarization (RON), or virtual ...
11/09/20
Understanding the Claim Process for Bonds vs. Insurance
The claims process for surety bonds is considerably different from the process for an insurance claim. One significant distinction is which party is ultimately ...
11/02/20
Surety Bond or Letter of Credit: What's the Difference?
Surety bonds and letters of credit (LOCs) both provide risk management for construction or development projects. To know which is appropriate to use, it helps to ...
10/13/20
Is It Possible to Cancel a Bond?
We all know bonds are not the same as insurance. While bonds are considered to be a type of specialty insurance, and the surety is usually an insurance company, ...
07/20/20
Why Work in Progress Schedules Are So Important
I鈥檓 sure you鈥檝e heard these questions or some variation of them too many times to count. 鈥淐an you send me a WIP that goes with this statement?鈥� 鈥淐an you send me ...
06/29/20