Month: October 2020

License & Permit Bonds are required by a state or municipal body when granting licenses to practice a specific activity or business. The bond ensures that the purchasing party will follow the rules and regulations of the state and imposes penalties for failure to comply. In cases of misconduct or fraud, a complaint can be levied against the bond. There are many types of License & Permit Bonds. Some of these bonds include: • Mortgage Bonds • Auto Dealer Bonds • Contractor Li read more

Surety bonds have multiple applications across different sectors. One of the most important among those sectors is utility. That covers just about everything we use at home, including electricity. As a response to COVID-19 restrictions, it is also possible to buy utility deposit bonds online. People who use electricity have to produce a utility bond to assure them that they will keep paying utility bills as usual. If they do not, they are considered defaulters, while the surety companies pay the read more

Surety bonds today find their application just about everywhere. If you want a construction project, you need a surety bond. If you want to contest a court case, you need a surety bond. If you are starting a new business, you need a surety bond before you get the investment. Its applications are plenty and in every field around us. Most people buy their bonds by visiting their trusted companies directly. However, did you know that you can also buy surety bonds online just as effectively? The read more