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What is a Insurance Broker Surety Bond?
 
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An insurance broker bond is a form of insurance that an insurance broker purchases. The exact amount of the surety bond and its specifications are determined by the state where the business is. An insurance bond protects customers from any illegal or unethical actions on the part of the broker. Need an Insurance Broker Bond? Visit http://bit.ly/10JeV19
Views: 81 OXBonding
Bond Pro Insurance Brokers - Visit Our Insurance Website
 
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For more information about how we can help you with all your insurance needs please visit our website at: http://www.bpibrokers.com/ Or stop by our agency at: Bond Pro Insurance Brokers 14772 Clayton Rd Ballwin, MO 63011 (636) 220-6377
Bond Insurance Requirements : Insurance Facts
 
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Subscribe Now: http://www.youtube.com/subscription_center?add_user=ehowfinance Watch More: http://www.youtube.com/ehowfinance Bond insurance requirements typically vary based on a number of things that will be specific to the area in which you live. Find out about bond insurance requirements with help from a chartered property and casualty underwriter and the owner of a property and casualty insurance brokerage in San Francisco in this free video clip. Expert: Jerry Becerra Filmmaker: Steven Watkins Series Description: You always want to make sure that you're reading all insurance policies carefully to help make sure they'll be able to cover you when you are in a time of need. Get insurance facts with help from a chartered property and casualty underwriter and the owner of a property and casualty insurance brokerage in San Francisco in this free video series.
Views: 1667 ehowfinance
Looking for Great Insurance? Bond Pro Insurance Brokers Can Help
 
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Watch this video to learn how our agency can help you save money on your insurance policies. For more information visit our website at: http://www.bpibrokers.com/ Or visit our agency at: Bond Pro Insurance Brokers 14772 Clayton Rd Ballwin, MO 63011 (636) 220-6377
Matthew Rogers - California Contractors Insurance Broker
 
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323-400-6700 http://www.cisburbank.com/ Are You Looking For Contractors Surety Bonds? Do You Need General Liability Insurance As A Contractor In Los Angeles? Are You Looking For Contractors Workers Compensation Insurance? We At CIS Are Also General Contractors And We Understand Your Needs. Call Now For Free Consultation. 323-400-6700 California contractors insurance broker for Contractors Insurance Solutions Inc. #cisBurbank #CaliforniaContractorsInsuranceCISBurbank CIS Burbank http://www.twitter.com/Mattcis https://www.linkedin.com/in/matthew-rogers-8a774b4/ https://www.facebook.com/Contractors-Insurance-Solutions-CIS-454229334650080/ surety bonds in Los Angeles insurance for electrical contractors in Los Angeles construction liability insurance in Los Angeles general liability insurance for general contractors in Los Angeles best price for contractors insurance in California surety bond companies in Los Angeles construction surety bond companies in Los Angeles contractors general liability insurance California buy contractor surety bonds in LA insurance for contractors Los Angeles contractor license disciplinary bond LLC Employee/Worker Bond insurance for contractors in San Diego insurance for contractors in San Francisco insurance for contractors in West Hollywood construction liability insurance in Los Angeles surety bonds in San Diego surety bonds in San Francisco surety bonds in West Hollywood
Views: 1966 CISBURBANK
How to Get a Freight Broker Bond?
 
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Source: https://www.suretybonds.org/freight-broker-bonds Description: To become a freight broker you need a license, but before you get a license you need a freight broker bond. So what’s a freight broker bond and how do you obtain one? Freight broker bonds are required by the Federal Motor Carrier Safety Administration to guarantee that freight brokers keep their contractual agreements with shippers and carriers. They are also known as a BMC-84 surety bond, trucking surety bond, and a transportation broker surety bond. Freight broker bonds are meant to guarantee that shippers and motor carriers are compensated if the broker fails to comply with its contracts and agreements. For example, if a freight broker is delaying or refusing payment, the freight broker bond goes into effect and compensates the carrier. Applying for a freight broker bond is simple, automated and can be done online. You can submit your online application with Lance Surety Bonds. Within minutes we will match you with the surety bond company which offers you the best quote. To offer a rate, the surety bond company will require basic information regarding your company. It will also review the personal credit of the business owner. In certain cases, you can strengthen your application by submitting personal or business financial statements. Credit score is reviewed by bonding companies as a way to assess a business owner’s ability to stay on top of their financial responsibilities. There is often a correlation between an owner’s credit and the likelihood of triggering a claim. If there is a claim against you, it is the surety bond company’s responsibility to financially compensate for all losses inflicted. Therefore, people with clean credit history are more likely to receive a bond. But that doesn’t mean you can’t get bonded if you have bad credit history. You simply might have to pay a slightly higher price for a bond in order to compensate the surety for the additional risk. The current full amount of a freight broker bond is $75,000. Of that, you only pay an annual premium, which is a small percentage of the $75K. Normally, applicants with clean credit history may pay between 2 and 5 percent. Freight brokers with damaged credit can see quotes between 5 and 13 percent. Additional resources: 1. "The Complete Compliance Guide for Freight Brokers" - Download our FREE e-book at https://goo.gl/boCVKv 2. If you want to calculate the cost of your freight broker bond, visit https://www.suretybonds.org/freight-broker-bond-cost 3. If you're thinking of starting a freight brokerage, here is Your Ultimate Infographic Guide: How to Become a Freight Broker - https://www.suretybonds.org/blog/how-to-become-a-freight-broker-ultimate-guide/ 4. Wondering what makes a freight broker successful? Check out "How To Be A Successful Freight Broker" infographic at https://www.suretybonds.org/blog/how-to-be-a-successful-freight-broker-infographic/ 5. If it's time to renew your freight broker bond, check out "The Ultimate Freight Broker Bond Renewal Guide" at https://www.suretybonds.org/blog/freight-broker-bond-renewal-guide/ 6. For more information on bad credit surety bonds, visit http://www.suretybonds.org/bad-credit-surety-bonds 7. Want to learn more about how to lower your surety bond rate? Visit https://www.suretybonds.org/surety-bond-rates 8. If you need additional educational materials, here are the most recommended and authoritative freight broker training books: https://www.suretybonds.org/blog/4-top-freight-broker-training-books/ 9. To get a FREE surety bond quote, apply online now: https://www.suretybonds.org/online-application
What is Mortgage Broker Surety Bond?
 
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A mortgage broker bond is a form of insurance that protects a customer from illegal or unethical activities on the part of the mortgage broker. Before obtaining a license, a mortgage broker must apply for and receive a surety bond.Need a mortgage broker bond? Visit http://bit.ly/14Y7MyM
Views: 107 OXBonding
Need Insurance? Bond Pro Insurance Brokers Can Help
 
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Need Insurance? We have great coverage, great service and great rates. Get a Quote by phone, email, or online. Get Started Now: http://www.bpibrokers.com/ Bond Pro Insurance Brokers 14772 Clayton Rd Ballwin, MO 63011​ (636) 220-6377
Nacora International Insurance Brokers Vienna Office Logistic Insurance Service
 
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Short note how to file insurance claim and service of NACORA
Bond Insurance Services
 
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Independent Insurance Broker
Views: 148 MultiMig123
What Is A Surety Bond?
 
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If you’re wondering what a surety bond is, you’ve come to the right place. SuretyBonds.com has developed this guide to give you a quick and easy to understand explanation of surety bonds. I’m Danielle, and I’ll be explaining what surety bonds are, how they work and who needs them. A basic definition explains that a surety bond brings three parties together in a legally binding agreement. These three parties are known as the principal, obligee, and surety. First, we have the principal, which is the professional or business that much purchase the bond. When a principal purchases the bond they provide a financial guarantee and prove their ability to follow certain laws and regulations. Second, we have the obligee which is the party that requires the principal to purchase the bond. The obligee is usually a government agency that uses surety bonds to regulate an industry and protect consumers from financial loss. Finally we have the surety, which is the insurance company that guarantees the bond. The surety provides a financial guarantee that the principal will fulfill the bonds obligations. If the bonded principal doesn’t fulfill the bond’s terms, the the obligee can make a claim against the bond to collect reparation for damages. If the claim is found to be valid, the surety will reimburse the obligee. Now that you know how bonds work, you’re probably wondering, who needs a surety bond and why? Surety bonds are typically required of businesses or professionals who provide services to consumers. Often times, bonds are used to regulate traditionally risky markets, such as the mortgage industry. Most surety bonds fall in one of two major bonding categories: commercial bonds or contract bonds. Commercial bonds are for business owners, entrepreneurs, and other working professionals. Commercial bonds ensure people will do their job according to licensing laws and other industry regulations. A few examples include auto dealers, notaries and travel agents. Contract bonds are used to guarantee that construction professional will fulfill their contractual obligations when working on a construction project. Contract bonds ensure projects are completed on time and keep project owners from losing their investments. So what do you do if you need a surety bond? If you need more information on a specific bond type visit suretybonds.com. If you’re looking to purchase a surety bond, SuretyBonds.com offers free, no obligation quotes within one business day. Visit http://www.suretybonds.com/what-is-a-surety-bond.html to learn more about surety bonds
Views: 20887 SuretyBonds.com
Challenge Insurance Brokers
 
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Business Insurance Brokers for Irish and UK Companies
Views: 171 David Walsh
Knowing More About Freight Broker Insurance and Freight Broker Bond
 
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A quick video presentation about broker insurance and freight broker bond from our training manual. For more information please visit http://freightbrokerinstitute.net
Broker Bond
 
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How to Get a Broker Bond
Views: 95 Mike Russ
What is a Surety Bond?
 
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Hi I’m Allison with SuretyBonds.com and I’m here to answer one of the most popular questions about surety: What is a surety bond? A surety bond is a contract between three parties—the principal (you), the surety (us) and the obligee(the entity requiring the bond). The surety financially guarantees to an obligee that the principal will act in accordance with the terms established by the bond. The principal is the individual or business that purchases the bond to guarantee future work performance. The obligee is the entity that requires the bond. Obligees are typically government agencies working to regulate industries and reduce the likelihood of financial loss. The surety is the insurance company that backs the bond. The surety provides a line of credit in case the principal fails to fulfill the task. Now that we have answered the question, “what is a surety bond?” it is important to know that there are thousands of different types of bonds, each with its own unique set of requirements. To find the exact bond that you need, visit https://www.suretybonds.com/states.html Connect With Us! Facebook: https://www.facebook.com/suretybond Twitter: https://twitter.com/suretybonds Google Plus: https://plus.google.com/b/114036244208980898672/+SuretyBonds LinkedIn: https://www.linkedin.com/company/suretybonds-com SuretyBonds: https://www.suretybonds.com/
Views: 9303 SuretyBonds.com
NRGI Broker - insurance and surety bonds for energy sector
 
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Meet NRGI Broker a company of Grupo Vitesse specialized in insurance and surety bonds for the mexican energy sector
Views: 638 NRGI Broker
Contractor Bonds In LA | Liability Insurance For Contractors in LA | Surety Bonds Los Angeles
 
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Call Now! (323)400-6700 http://www.cisburbank.com Do you need general liability insurance as a contractor in Los Angeles? Do you need workers compensation insurance as a license contractor? Do you need a surety bond for your license or construction project? We provide insurance to all contractors across California! Call Now For Free Consultation. 323-400-6700 http://www.twitter.com/Mattcis https://www.linkedin.com/in/matthew-rogers-8a774b4/ https://www.facebook.com/Contractors-Insurance-Solutions-CIS-454229334650080/ California contractors insurance broker for Contractors Insurance Solutions Inc. #cisBurbank #CaliforniaContractorsInsuranceCISBurbank CIS Burbank surety bonds in Los Angeles insurance for electrical contractors in Los Angeles construction liability insurance in Los Angeles general liability insurance for general contractors in Los Angeles best price for contractors insurance in California surety bond companies in Los Angeles construction surety bond companies in Los Angeles contractors general liability insurance California buy contractor surety bonds in LA insurance for contractors Los Angeles contractor license disciplinary bond LLC Employee/Worker Bond insurance for contractors in San Diego insurance for contractors in San Francisco insurance for contractors in West Hollywood construction liability insurance in Los Angeles surety bonds in San Diego surety bonds in San Francisco surety bonds in West Hollywood 2600 West Olive Avenue 5th Floor STE 591 Burbank, CA. 91505
Views: 71 CISBURBANK
Insurance Agency in Clackamas OR, Pacific Bonding & Insurance
 
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http://pbibonds.com Pacific Bonding & Insurance is an Independent multi-line Insurance Agency located in Clackamas, OR, dedicated to providing personalized insurance service and outstanding support to all of our clients, no matter their needs. From tailored Home & Auto policies for the family down the street to General Liability protection for the custom home builder; we are here to help you find the protection that not only you need, but that you deserve. We are a Brokerage, so we get to work directly for you. Our sole purpose and goal is tailoring your coverage to meet your financial requirements, properly protect your family and assets and exceed your expectations. By partnering with multiple A+ Rated Insurance Companies, we will take the time to hand pick a policy uniquely designed for you - by us.
Views: 7 EGVids11I
4 DO's and 4 DON'Ts of FREIGHT BROKER INSURANCE
 
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donate to keep the channel going: http://patreon.com/shakaama follow me twitter: @shakaama facebook: shakaama or the shakaama live show instagram: shakaama linkedin: shakaama 4 DO's and 4 DON'Ts of FREIGHT BROKER INSURANCE
Views: 312 Shakaama
Insurance Producer Surety Bond Markets ~ SuretyOne.com
 
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Surety bonds for insurance producers, brokers and intermediaries. Read about placing surety bonds with us at http://suretyone.com/insurance-producers-and-independent-brokers
Views: 217 Surety One, Inc.
What is a Freight Broker Bond (BMC-84) & How Much Does One Cost?
 
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A Freight Broker Bond (BMC-84) is a type of license and permit surety bond required before a freight broker or freight forwarded can get licensed. This is a federal requirement by the FMCSA. This bond exists to establish trust and credibility for freight brokers. Having this bond guarantees you will abide by all federal and state rules and regulations and prevents against fraud and unethical business actions. These bonds are not protection for you, but rather protection for shippers and motor carriers that you are in contractual agreements with. If you fail to follow through on your obligations, someone can make a claim against your bond. More information here: http://blog.suretysolutions.com/suretynews/everything-you-need-to-know-about-freight-broker-bonds Information on the cost: http://blog.suretysolutions.com/suretynews/how-much-will-a-75000-icc-freight-broker-bond-bmc-84-cost-me
Views: 1004 Surety Solutions
What Is a Surety Bond?
 
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Source: https://www.suretybonds.org/what-is-a-surety-bond Description: You know you need to post a surety bond but have no clue what a surety bond is, neither which one is right for you? Here’s how it goes. Unlike insurance, surety bonds are NOT meant to protect your business. Instead, surety bonds serve to protect the public from dishonest business practices. Every surety bond agreement has three sides to it - the principal, the obligee (usually a governmental department), and the surety bond company. The surety bond company has the responsibility to ensure that the bonded principal will comply with all rules and regulations. Surety bonds are usually divided into four main types: - license and permit bonds, - contract bonds, - court bonds, and - fidelity bonds. These are different from one another and are relevant in different situations. 1. Contract bonds guarantee the performance of obligations under a contract. They are sometimes also referred to as construction bonds. Contract bonds protect the project owner (the obligee) by guaranteeing that a contractor will perform in accordance with the terms of the contract. Contract bonds are further divided into “Bid Bonds”, “Performance Bonds”, and among others “Subdivision Bonds”. 2. License and permit bonds, on the other hand, are a prerequisite to be able to engage in certain business activities. Such bonds can be required by the federal government, the state (such as a state’s Department of Motor Vehicles), or the municipality. Auto dealer bonds, contractor license bonds, freight broker bonds, mortgage broker bonds and many more are all examples of license and permit bonds. 3. Court bonds are used to guarantee that a fiduciary will fulfill his or her responsibilities as ordered by the law or the court. In particular, appeal bonds, guardian bonds, and probate bonds are all different types of court bonds. 4. Fidelity bonds are the type of bonds that can protect a business. These protect a business and its clients from any possible employee dishonesty. This includes theft, embezzlement or forgery. Among surety bonds, fidelity bonds are more like a traditional insurance policy, rather than a surety bond. Additional resources: 1. Surety Bond Glossary: https://www.suretybonds.org/surety-bond-glossary 2. If you want to learn more about how to get bonded, go to https://www.suretybonds.org/how-to-get-bonded 3. If you want to know how much a surety bond costs, go to https://www.suretybonds.org/surety-bond-cost 4. If you want to know if you can be bonded after a bankruptcy, visit https://www.suretybonds.org/blog/can-you-be-bonded-after-bankruptcy/ 5. To learn what is a bond claim, go to https://www.suretybonds.org/surety-bond-claims 6. If you have more questions, check out these frequently asked questions: https://www.suretybonds.org/faqs 7. If you want to get a free surety bond quote, apply now at https://www.suretybonds.org/online-application
Tax Benefits of an Insurance Bond
 
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Maree Cridland interviews John Laver - Manager, Investment Operations at Austock Life, about the tax benefits of an Insurance Bond. Disclaimer: This video has been strictly prepared for the exclusive use and guidance of licensed Financial Advisers and is not intended for any public or general distribution whatsoever. Austock Life Limited AFSL 225408 (Austock Life, we) has produced it based upon a general understanding of Australian taxation laws and other applicable legislation, rules and guidelines applicable at the time of production. None of Austock Life, nor its parent entity, Austock Group Limited ABN 90 087 334 370, make any guarantee, warranty or representation as to the accuracy or completeness of the general advice and information contained in this video, and you should not rely on it. No responsibility for any errors or omissions or any negligence is accepted by Austock Life or Austock Group Limited. The Product Disclosure Statement should be considered in deciding whether to acquire, or continue to hold Imputation Bonds, Childbuilder Bonds or investments into the Tax-Paid Term Deposits Portfolio. Dated May 2017.
Views: 181 Austock Life
Insurance Producer Surety Bond Markets ~ Surety One, Inc.
 
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Surety bonds for insurance producers, brokers and intermediaries from the bonding experts at SuretyOne.com
Views: 13 Surety One, Inc.
3 THINGS YOU MUST KNOW ABOUT FREIGHT BROKER INSURANCE
 
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donate to keep the channel going: http://patreon.com/shakaama follow me twitter: @shakaama facebook: shakaama or the shakaama live show instagram: shakaama linkedin: shakaama 3 THINGS YOU MUST KNOW ABOUT FREIGHT BROKER INSURANCE
Views: 496 Shakaama
insurance broker
 
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What is a Broker Surety Bond?
 
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A broker bond is a general umbrella term that includes many types of broker bonds such as freight broker surety bonds. Bascially a broker bond is a form of insurance that protects a customer from any illegal or unethical actions a broker may perform. Need a Broker Bond? Visit http://bit.ly/17lNONC
Views: 226 OXBonding
California Contractors Insurance Brokers With Good Reviews | Testimonials
 
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323-400-6700 http://www.cisburbank.com/ Are You Looking For Contractors Surety Bonds? Do You Need General Liability Insurance As A Contractor In Los Angeles? Are You Looking For Contractors Workers Compensation Insurance? We At CIS Are Also General Contractors And We Understand Your Needs. Call Now For Free Consultation. 323-400-6700 http://www.twitter.com/Mattcis https://www.linkedin.com/in/matthew-rogers-8a774b4/ https://www.facebook.com/Contractors-Insurance-Solutions-CIS-454229334650080/ California contractors insurance broker for Contractors Insurance Solutions Inc. #cisBurbank #CaliforniaContractorsInsuranceCISBurbank CIS Burbank California Contractors Insurance Brokers With Good Reviews surety bonds in Los Angeles insurance for electrical contractors in Los Angeles construction liability insurance in Los Angeles general liability insurance for general contractors in Los Angeles best price for contractors insurance in California surety bond companies in Los Angeles construction surety bond companies in Los Angeles contractors general liability insurance California buy contractor surety bonds in LA insurance for contractors Los Angeles contractor license disciplinary bond LLC Employee/Worker Bond insurance for contractors in San Diego insurance for contractors in San Francisco insurance for contractors in West Hollywood construction liability insurance in Los Angeles surety bonds in San Diego surety bonds in San Francisco surety bonds in West Hollywood
Views: 112 CISBURBANK
How Much Does A Surety Bond Cost?
 
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This is the Suretybonds.com Education Center. Today we are looking at a question we get a lot and that is this: how much does a surety bond cost? Well how much does a surety bond cost? It depends on what type of bond you’re going to get. It really just depends. Why? There are thousands of types of surety bonds out there. There are janitorial bonds, mortgage broker bonds, bonds for construction and building apartment complexes, etc. They go from Washington state to Florida and back up to Maine. It depend on the type of bond you’re going to get. It also depends on a couple of other things about your own personal history. The big one is credit score. In a lot of ways getting a surety bond is a lot like getting a home loan or car loan or anything like that, that is more traditional for you to understand how a credit score comes into play. They’re evaluating the risk that they’re gonna take on by giving you a surety bond. It can also depend on your experience in your industry. If you have 30 years experience as a mortgage broker bond, that’s going to count in your favor when you’re going to get a surety bond and you’re going to find out the premium cost and all that stuff. If you’ve got a good credit score depending on the type of bond you’re going to get and depending on little things like how long you’ve been in business and prior claims on you for previous surety bonds. That will help determine your cost. Now some of you may have Googled this because you want to know how much your bond will cost because you need a bail bond. This is not the place for you. SuretyBonds.com does commercial surety bonds. We do not do bail bonds. I know a lot of times in news reports online or maybe even when you’re getting arrested and you need to get a bond. I would suggest going to Google and looking up your area bail bonds company. For everybody else looking for commercial surety bonds this is the place to be. There are two different markets for surety bonds: standard and non-standard. This can also come into play when you’re talking about how much a surety bond is going to cost. Standard is the traditional market. These are premiums that the average person pays is you have a credit score over 650 and been in business for a few years. The other list of criteria is something we can go over with you if you contact us at Suretybonds.com. In the standard market, you’re going to pay between 1 to 3% for a premium on the cost of your bond. For example a $50,000 bond paying 1% is going to be a $500 cost to you. Now, if you fail to meet some of the standard market criteria, you’ll end up in the non-standard market. You’ll start paying premiums from 6 to 15 percent. For example, a $50,000 bond at 10% will cost $5,000 in premium up front. It can really change the cost that you’ll have to pay depending if you fall in the standard or non-standard market. These things come into play: credit score, how long you’ve been in business and prior claims against you. For more information in figuring out the price our your bond visit http://www.suretybonds.com/edu/faqs.
Views: 18012 SuretyBonds.com
Surety Bonds 101: Why use a surety-only broker?
 
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Rosenberg & Parker - http://www.suretybond.com/ Insurance brokers will always treat surety as a sideline to their insurance business. A broker that focuses exclusively on surety is going to provide you with the strongest connections to the surety marketplace and the most detailed advice on negotiating such critical items as the indemnity agreement. Rosenberg & Parker wrote the book on surety—two, in fact: "Surety for Dummies," now in its second edition, and "Contract Surety for Dummies." (Both are available free at our website ) R&P has focused solely on surety for more than a quarter century. We write bonds all over the world for companies of every size.
Views: 101 rosenbergandparker
Contractor Surety Bonds In Los Angeles | Insurance For Contractors Los Angeles
 
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http://www.cisburbank.com/ (323)400-6700 Do I need a Performance Surety Construction Bond? LLC Employee/Worker Bond Contractor License Bond Disciplinary bond Call Now For Free Consultation. 323-400-6700 http://www.twitter.com/Mattcis https://www.linkedin.com/in/matthew-rogers-8a774b4/ https://www.facebook.com/Contractors-Insurance-Solutions-CIS-454229334650080/ California contractors insurance broker for Contractors Insurance Solutions Inc. surety bonds in Los Angeles insurance for electrical contractors in Los Angeles construction liability insurance in Los Angeles general liability insurance for general contractors in Los Angeles best price for contractors insurance in California surety bond companies in Los Angeles construction surety bond companies in Los Angeles contractors general liability insurance California buy contractor surety bonds in LA insurance for contractors Los Angeles contractor license disciplinary bond LLC Employee/Worker Bond insurance for contractors in San Diego insurance for contractors in San Francisco insurance for contractors in West Hollywood construction liability insurance in Los Angeles surety bonds in San Diego surety bonds in San Francisco surety bonds in West Hollywood 2600 West Olive Avenue 5th Floor STE 591 Burbank, CA. 91505
Views: 75 CISBURBANK
Surety Bond Costs: Answers to 5 FAQs
 
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Predicting what you’ll pay for your surety bond can be confusing. To help you understand what goes into calculating surety bond premiums, SuretyBonds.com has developed this guide. I’m Kristen and I’ll be answering 5 common questions you might have about surety bond cost. How is my surety bond premium calculated? A number of different variables might affect your surety bond cost. Your surety bond provider will calculate your premium by using a percentage that’s based on a specific bond type, it’s needed amount, the risk involved with the bond and your financial credentials. When applicants have strong financial credentials, surety bond premiums are typically calculated using rates that are 1- 5% for the bond amount. For example, a $10,000 surety bond will cost about $100-500 for those who qualify for the standard bonding market. Will my credit affect my surety bond cost? During the underwriting process your surety provider might consider your work history, credit score or other financial records to determine the risk they take when issuing the bond. The lower the risk, the lower the surety bond cost, as such applicants with good credit usually pay lower rates for their bond. How do I find how a surety bond for the best value? Buying a surety bond is like making any other important financial decision. Get what you need for a great price. Contact a reliable surety broker that can offer you great service for a competitive price. Because surety brokers like SuretyBonds.com, work with numerous underwriter, they have access to some of the lowest rates available nationwide. When do I have to pay for my surety bond? Surety providers almost always require bond premiums to be paid in full before they will issue the bond. Sometimes surety providers might offer financial to high risk principals with poor credit scores, however you should always be prepared to pay your full surety bond premium upfront. How will I pay for my surety bond? Most surety providers request credit or debit card payment so underwriting and bond processing can begin much more quickly. If you prefer to write a check you will have to wait longer to get the bond as your payment will have to be cleared before the provider issues the bond. Check out http://www.suretybonds.com/edu/faqs for more information on bonding costs.
Views: 5368 SuretyBonds.com
How to Get an Auto Dealer Surety Bond?
 
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Source: https://www.suretybonds.org/auto-dealer-bonds Description: Getting an auto dealer bond is one of the requirements for applying for a car dealer license. You also have to go through a criminal background check, pay your licensing fees, establish a place of business, and you need to get insurance. Getting insurance is different from getting an auto dealer bond. Liability insurance provides protection for your business and the cars on your lot. A car dealer bond provides protection for the state and your customers. It’s the government’s way of making sure you’re complying with state regulations. It also takes care of your customers, in case you use any fraudulent business methods. Auto dealer bonds, like all surety bonds, are underwritten by surety bond companies and obtained through bond agencies such as Lance Surety Bonds. Bonding companies typically don’t work directly with the public. That’s why you need to find a good bonding agency that partners with many different bonding companies. This will maximize your chances of obtaining a bond as well as receiving the lowest possible premium. When you apply at a surety bond agency, you will receive a quote showing the premium you have to pay. The amount of the premium is mostly based on the business owner’s personal credit score. The higher it is, the lower the premium. If you have bad credit, not all is lost - you can still open a car dealership. Bad credit, and other credit issues such as tax liens, civil judgments or past bankruptcies, put you in a “high-risk” category. This may increase your auto dealer bond premiums from 5 to 15 percent. But providing your agent with strong financial or business statements, cash verification or strong liquid assets can again lower your premium. Just like your car dealer license, an auto dealer bond is only valid within the state it was issued. If you want to open a dealership in another state, you’ll have to apply for a new bond and license. When you obtain an auto dealer bond you will have to renew it in regular intervals. That depends on your state’s requirements. Most states want you to renew your license every year, which means you’ll need renew your auto dealer bond every year, too. Additional resources: 1. If you want to know how bond prices are determined, go to https://www.suretybonds.org/surety-bond-cost 2. To find out more about finding the lowest surety bond rates, visit https://www.suretybonds.org/surety-bond-rates 3. To receive a FREE surety bond quote, go to https://www.suretybonds.org/online-application 4. For state-specific licensing guides, dealer bond renewal tips and the latest auto dealer legal requirements, follow https://www.suretybonds.org/blog/auto-dealer-bond-articles/ 5. If you have questions about used car dealer bonds, check out: https://www.suretybonds.org/car-dealer-bonds
NRGI Broker, the specialist in insurance and surety bonds for the energy sector in Mexico
 
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NRGI Broker is the specialized division of Grupo Vitesse for insurance and surety bonds for the companies of the energy sector that operate in Mexico.
Views: 88 NRGI Broker
What is a Surplus Lines Broker Surety Bond?
 
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A surplus lines broker bond is a form of insurance required of surplus lines broker agents. These agents act as a third party between a surplus line buyer and the insurance company who issues the insurance policy. Need a Surplus Lines Broker Bond? Visit http://bit.ly/10HqgxE
Views: 194 OXBonding
Customs Bond and Brokers for Imports : Global Trade Conference (Part 19)
 
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Download the FULL length Global Trade conference from SPEED Global Services at http://www.speedgs.com/global-trade-conference-register.html. Learn more details about importing products outside the U.S. Mike Diati of Speed Global Services goes over essential information about custom bonds and custom brokers.
Views: 2196 Speed Global Services
Contractors Insurance Solutions Los Angeles Perfect 5 Star Review | CISBurbank Reviews
 
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http://www.cisburbank.com/ Call Now! (323)400-6700 Contractors Insurance Solutions CISBurbank reviews. 5 Star Rating by Mark T. "After calling about 4-5 different agents and brokers looking for Painting Contractor's Insurance... I came across CIS (Contractors Insurance Solutions) and met Matt. He offered the best price right off the bat, didn't haggle, and offered excellent customer service. I'd recommend Matt without thinking twice." Do you need general liability insurance as a contractor in Los Angeles? Do you need workers compensation insurance as a license contractor? Do you need a surety bond for your license or construction project? We provide insurance to all contractors across California! Call Now For Free Consultation. 323-400-6700 California contractors insurance broker for Contractors Insurance Solutions Inc. #cisBurbank #CaliforniaContractorsInsuranceCISBurbank CIS Burbank http://www.twitter.com/Mattcis https://www.linkedin.com/in/matthew-rogers-8a774b4/ https://www.facebook.com/Contractors-Insurance-Solutions-CIS-454229334650080/ surety bonds in Los Angeles insurance for electrical contractors in Los Angeles construction liability insurance in Los Angeles general liability insurance for general contractors in Los Angeles best price for contractors insurance in California surety bond companies in Los Angeles construction surety bond companies in Los Angeles contractors general liability insurance California buy contractor surety bonds in LA insurance for contractors Los Angeles contractor license disciplinary bond LLC Employee/Worker Bond insurance for contractors in San Diego insurance for contractors in San Francisco insurance for contractors in West Hollywood construction liability insurance in Los Angeles surety bonds in San Diego surety bonds in San Francisco surety bonds in West Hollywood 2600 West Olive Avenue 5th Floor STE 591 Burbank, CA. 91505
Views: 121 CISBURBANK
Surety Bonds
 
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Underwriting on behalf of Munich Re’s American Alternative Insurance Corporation, we are able to offer superior rated paper for customs and other transportation-related bonds. The financial operating strength supporting our efforts ensures that you have access to stable surety products that enable your clients to conduct business with a streamlined bond approach. Customs Bonds Importation A Customs Bond is principally obtained to guarantee the payment of import duties and taxes, as well as to assure compliance with all laws and regulations governing the entry of merchandise from foreign shipping points into the United States. Roanoke provides bonds to independent insurance agents and brokers throughout the country. We can assist you with meeting your import bond needs. Drawback When merchandise is imported into the United States and later exported, a principal may be entitled to a refund of duty – referred to as a drawback claim. If accelerated drawback is being claimed, a CBP drawback bond is required as a refund is granted prior to liquidation of the drawback claim. The continuous drawback bond is set at the total amount of duty drawback claimed in one year. Foreign Trade Zone Operator A Foreign Trade Zone (FTZ) is a designated area within the U.S. located in or near a port of entry, but legally considered outside the customs territory of the U.S. for tariff and entry procedures. FTZs are part of a duty deferral program and are subject to CBP jurisdiction. In general, duty and excise taxes on foreign merchandise admitted to a zone are deferred until the goods are entered into the customs territory for consumption. A Foreign Trade Zone (FTZ) operator is required to secure a bond to assure compliance with Customs regulations. The current minimum bond amount required by the Customs & Border Protection (CBP) is $50,000. However, the maximum amount is determined by each individual port director and therefore limits may vary. We are a long-time supporter of the National Association of Foreign Trade Zones and offer preferential pricing for Surety bonds and insurance to their members. Custodial Bonds The custodian of bonded merchandise bond covers conveyances that carry merchandise and bonded facilities as indicated below. The minimum bond amount for each varies. - Truck Carriers - In-Bond Movement - Bonded Warehouses - Container Freight Station - Centralized Exam Station Airport Customs Security Area Bond This bond guarantees that the principal will comply with Customs Regulations applicable to Customs security areas in and around airports. Covered parties on the bond include the principal’s employees, agents and contractors. This can be a separate bond, or if your customer has a CBP activity code 1, 2 or 3, those bonds cover this activity. Specialty Bonds ATA Carnet Bond Concurrent with the issuance of an ATA Carnet, the holder must provide security to the guaranteeing association in the United States, the United States Council for International Business (USCIB). The USCIB requires security from all Carnet holders in the event of a default. Generally, the required amount is 40% of the total value of the General List, but there are some exceptions. Ocean Transportation Intermediary (OTI) Companies operating as ocean freight forwarders and Non-Vessel Operating Common Carriers (NVOCCs) in the United States are required to be licensed and bonded as Ocean Transportation Intermediaries (OTIs). This bond guarantees that contractual relationships with shippers and carriers will be fulfilled. Additionally, the bond responds to claims filed by the shipping public to ensure compliance with Federal Maritime Commission regulations. BMC-84 Bond (Property Broker Bond) The FMCSA requires that property brokers (not issuing a bill of lading) maintain a BMC-84 Bond in the amount of $75,000. Any individual or company who operates as a transportation broker must obtain this bond. Surface Deployment and Distribution Command (SDDC) Bond This bond secures performance and fulfillment of carrier obligations to deliver Department of Defense (DOD) freight. It will cover any instance where a carrier cannot or will no deliver DOD freight tendered to them. This includes default, abandoned shipments, and bankruptcy by the carrier. http://www.roanokeunderwriting.com/solutions/products/our-custom-and-transportation-related-surety-bonds/
Become a Surety Bonds Sub Agent and Make Money with EZ Surety Bonds!
 
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Welcome to the EZ Surety Bonds sub agent program, we are glad to have you on our team! The sub agent application process is very easy with EZ Surety Bonds, and once you apply, you can start selling surety bonds through EZ Surety Bonds and make commission and a brokerage fee. You will also receive a custom EZ Surety Bonds URL link that allows you to get paid for anyone who purchases a surety bond through your link. Make use of the instant surety bonding process of EZ Surety Bonds and make money easily as a sub agent! Please apply as a sub agent here: https://www.ezsuretybonds.com/SubAgents/Apply-as-a-Sub-Agent.php
Views: 683 EZ Surety Bonds
Maryland Surety Bond Insurance
 
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Maryland Surety Bond Insurance The Advantage Group 698 D Corporate Center Court P.O. Box 2100 Types of Bonds Advantage Writes Bid bonds Contract bonds Performance bonds Payment Bonds SBA bond program Maintenance bonds MVA dealer bonds Mortgage broker bonds License/Permit bonds Union/Welfare bonds Medicare bonds Site improvement bonds Developer bonds Subdivision bonds Supply bonds Environmental surety bonds ERISA bonds Fidelity bonds Westminster, MD 21158
Views: 82 MarylandInsur
California Contractors Bond Leads
 
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Contractors in California need to post a $12,500 job bond in order to get jobs worth more than $500 from public. At contractorbondleads.com we market leads to the insurance brokers and agent community leads to contact these hard working sector of the society. They are a good source for obviously job bonds, general liability, and worker's compensation insurance.
Views: 47 CAContractorBonds
Payment and Performance Surety Bonds and Subguard Insurance in Construction Projects
 
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This CLE webinar was hosted by Strafford Publications, Inc. and a preview of Ira M. Schulman's remarks can be heard complimentary. The full webinar can be purchased with a 50% discount courtesy of Pepper Hamilton LLP by visiting http://www.sp-04.com/r.php?products/tlw8cg1nza?trk=ZDFCT This CLE webinar provided construction counsel and contractors with a review of payment and performance bond coverage issues. The panel will discussed when subguard insurance can be an alternative, outlined key aspects of bond disputes, and offered best practices to maximize recovery and protect interests in disputes. Payment and performance bonds are critical risk management tools for construction project owners and contractors to guarantee payment and performance by various stakeholders due to current economic risks that clearly jeopardize timely and on-budget completion. While surety bonds reduce risks inherent in construction projects generally, they are particularly critical in the current economic climate due to heightened risks of contractor default and owner financial difficulties. Construction law practitioners must understand the more complicated issues that can arise when a party makes a claim under a surety bond in order to avoid costly traps and pitfalls. Listen as the panel of construction attorneys examines surety bond coverage issues and disputes and identifies common traps and pitfalls to avoid in asserting or defending surety bond claims. Speakers Ira M. Schulman, partner, Construction Practice Group, Pepper Hamilton LLP Jonathan Burwood, partner, Hinshaw Culbertson, Boston Lawrence Melton, partner, Nexsen Pruet, Columbia, S.C.
Views: 2532 Pepper Hamilton LLP
Chloe Sims talks Bond Lovis Insurance Brokers / 'Chloe' Beauty Bar
 
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Chloe Sims talks about Bond Lovis Insurance Brokers & 'Chloe' Beauty Bar. For more info on Bond Lovis visit http://www.bondlovis.co.uk/ or call 0800 0113 444
How to Get Your Freight Broker License
 
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For more info and 1-step ballpark estimate go to http://www.jwsuretybonds.com/info/videos/license-permit/become-licensed-freight-broker.htm A freight broker license is needed to legally operate as a freight broker in the United States. Apply online for this license at the Federal Motor Carrier Safety Administration website. After paying a fee, you’ll receive approval and a federal motor carrier number. In addition to your license, you’ll need a freight broker bond. Your license, issued by the FMCSA, legally allows you to act as a freight broker, and was previously called an ICC license. A freight broker bond is also required by the FMCSA to operate as a freight broker, but it can be obtained through a bond agency, such as JW Surety Bonds. The bond is a guarantee to your shippers and motor carriers, that you will follow the rules of the FMCSA and fulfill your responsibilities as a broker. This guarantee protects the parties involved. It is not insurance for you as a freight broker. Watch our video “What Are Surety Bonds?” for a clear idea of how surety bonds work. http://youtu.be/8H9RlOLfVGQ You can apply for a freight broker bond online, on JW Surety Bonds’ website. In most cases, we can provide instant approval, and we pride ourselves in having the fastest turnaround, from application to issuance, in the industry. Once we have approved your bond, and we have your federal motor carrier number, we will file proof of your freight broker bond with the FMCSA. Even if you have bad credit, JW Surety Bonds has exclusive programs for freight broker bonds, and is the top provider of freight broker bonds in the country. In fact, should you decide to work with another agency, that agency will likely broker the bond through JW, costing you additional fees and extra processing time.
Views: 16326 JW Surety Bonds
Contractors Insurance in California | Los Angeles Contractors Insurance | CIS
 
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323-400-6700 http://www.cisburbank.com/ I am an Insurance broker that works with contractors all across California. I can talk to you and help you understand how to buy the following contractors insurance: General liability insurance Workers compensation insurance Contractor bonds License bonds Excess insurance California contractors insurance broker for Contractors Insurance Solutions Inc. #cisBurbank #CaliforniaContractorsInsuranceCISBurbank CIS Burbank As a licensed contractor myself, I can help you understand all the types of insurance you need to grow your business. Additional Insured Certificates for your clients.... what does it mean? I can help you. We At CIS Are Also General Contractors And We Understand Your Needs. Call Now For Free Consultation. 323-400-6700 http://www.twitter.com/Mattcis https://www.linkedin.com/in/matthew-rogers-8a774b4/ https://www.facebook.com/Contractors-Insurance-Solutions-CIS-454229334650080/ surety bonds in Los Angeles insurance for electrical contractors in Los Angeles construction liability insurance in Los Angeles general liability insurance for general contractors in Los Angeles best price for contractors insurance in California surety bond companies in Los Angeles construction surety bond companies in Los Angeles contractors general liability insurance California buy contractor surety bonds in LA insurance for contractors Los Angeles contractor license disciplinary bond LLC Employee/Worker Bond insurance for contractors in San Diego insurance for contractors in San Francisco insurance for contractors in West Hollywood construction liability insurance in Los Angeles surety bonds in San Diego surety bonds in San Francisco surety bonds in West Hollywood 2600 West Olive Avenue 5th Floor STE 591 Burbank, CA. 91505
Views: 49 CISBURBANK
Advantages & Disadvantages Of A Surety Bond For A Freight Broker
 
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For more information please visit http://freightbrokerinstitute.net
Contractor's Surety Bonds in California | Contractor Bonds In Los Angeles | CIS Burbank
 
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323-400-6700 http://www.cisburbank.com/ Call Now For Free Consultation. http://www.twitter.com/Mattcis https://www.linkedin.com/in/matthew-rogers-8a774b4/ https://www.facebook.com/Contractors-Insurance-Solutions-CIS-454229334650080/ California contractors insurance broker for Contractors Insurance Solutions Inc. #cisBurbank #CaliforniaContractorsInsuranceCISBurbank CIS Burbank What is a contractor’s surety bond? A Commercial bond is set up to help the licensing side, to help the consumer with complaints. A Contract bond is set up to protect the job. It is for a public works job with the city or state and also called a bid bond, when you turn in your construction bid. Are You Looking For Contractors Surety Bonds? Do You Need General Liability Insurance As A Contractor In Los Angeles? Are You Looking For Contractors Workers Compensation Insurance? We At CIS Are Also General Contractors And We Understand Your Needs. Call Now For Free Consultation. 323-400-6700 surety bonds in Los Angeles insurance for electrical contractors in Los Angeles construction liability insurance in Los Angeles general liability insurance for general contractors in Los Angeles best price for contractors insurance in California surety bond companies in Los Angeles construction surety bond companies in Los Angeles contractors general liability insurance California buy contractor surety bonds in LA insurance for contractors Los Angeles contractor license disciplinary bond LLC Employee/Worker Bond insurance for contractors in San Diego insurance for contractors in San Francisco insurance for contractors in West Hollywood construction liability insurance in Los Angeles surety bonds in San Diego surety bonds in San Francisco surety bonds in West Hollywood 2600 West Olive Avenue 5th Floor STE 591 Burbank, CA. 91505
Views: 111 CISBURBANK

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