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How does getting bonded work? [My first time getting a surety bond.] 

Surety Solutions, A Gallagher Company
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Most of our clients have never purchased a surety bond, so we're used to the first time experience of getting a surety bond. Let's go over the surety bond process from the first click to the final product in your hand.
Get your surety bond quotes by visiting SuretySolutions.com.
Surety Solutions is part of Gallagher, the 4th largest broker in the world. We know a few things about surety. We created an online application system that issues thousands of bonds across every state. We have a trained team dedicated to servicing all the bonds that come through to ensure you have an excellent experience. The whole application, purchase, and bond issuance process can take anywhere from a few minutes to a couple of days depending on the type of bond you need.
The first step is to fill out your online application. This process should take about 3 to 5 minutes to complete. You may also need some specific information for the application. This information may need to be added to the bond form or used to determine your rates. As an example, lost title bonds need your vehicle's VIN and mortgage bonds require your NMLS ID number. No need to worry if you don't have that information on you. Just save your application and return when you have it.
The application starts with the state you need the bond for or where you'll be working. Next, type in a keyword describing the bond you need, such as "contractor", "mortgage" or "motor vehicle". Then enter the bond amount you need. Most bond types will provide instant estimates with no additional information needed. Some bond types will require a bit more information before we can provide the estimates, due to the differences between various bond types.
Get your surety bond quotes at SuretySolutions.com!

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6 окт 2024

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Комментарии : 5   
@JeffryFinkelson
@JeffryFinkelson 4 месяца назад
3:01 3:01
@adriangonzalez466
@adriangonzalez466 2 года назад
Do i need to buy a seperate bond for each project ? Or will one bond cover any project?
@Suretysolutionsllc
@Suretysolutionsllc 2 года назад
Hi Adrian. Excellent question! Contract Bonds, such as Performance & Bid Bonds, only provide coverage for one project. We are happy to assist you with determining what you need. Please contact us at info@suretysolutions.com and send us a copy of the document from the obligee stating they require a bond of you. We look forward to assisting you with your bond needs.
@TheChristianExplanation
@TheChristianExplanation 3 года назад
What kind of credit score do I need to get a surety bond for a contractor's license?
@Suretysolutionsllc
@Suretysolutionsllc 3 года назад
Great question, Rob! If a credit check is required for your Surety Bond, we perform a soft pull on your credit. Meaning your credit score isn't adversely affected. Typically, an applicant with non-standard credit receives a higher premium quote, if approved. We have a helpful article about the connection between the cost of the bond and credit score here: blog.suretysolutions.com/suretynews/the-important-connection-between-your-credit-score-and-surety-bond If you would like a free no-obligation quote for your Contractor License Surety Bond, please complete our online application here: suretysolutions.com/popular-bonds/contractor-bonds/ Let us know if you have any additional questions. Thank you!
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