The ProSure Group Info Center
Read the latest news regarding Commercial, License, Permit, Contract, Court and Fidelity Surety Bonds, and how upcoming changes will affect your business. Check out our glossary page for more information on Surety Bond terminology.
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August 3, 2023
In this article, we will explore the importance of collection agency bonds and how they can be obtained through a reputable surety bond agency website.
July 13, 2023
If you are looking for information, forms, or applications for an Oklahoma Medical Marijuana Surety Bond, then connect with a surety expert today!
June 10, 2022
In order to qualify for surety bond coverage, individuals or firms may need to put up collateral. Many people may be surprised to find that collateral can become a vital part of the surety bond process.
April 4, 2022
A General Indemnity Agreement, also called a GIA, is a signed contract between the surety company, the obligee, and the principal that outlines an agreement between the three parties. These protect the surety from loss and expenses following
July 10, 2017
Establishing a surety relationship is not something that primarily happens overnight. During the initial phase of underwriting, a surety company will require an extraordinary amount of information from the construction company and its owners
June 27, 2017
The surety bond premium is the amount of money that is paid to a surety company in order for the surety company to provide a surety bond guarantee. The premium is often called the rate. The rate that is paid for a bond can range from lower than 1% up to 15% or more of the total bond amount.
June 8, 2017
The Express Surety Bond Program is a quick and simple way for small and emerging contractors to secure bonding. The program provides bonding support for contractors needing bid bonds, performance bonds & payment bonds, maintenance bonds, and supply bonds.
February 28, 2017
Payment bonds and liens are typically established to ensure that the general contractor and subcontractors are guaranteed to receive proper compensation.
January 30, 2017
Florida Motor Vehicle Dealer Surety Bonds must be renewed by May 1st, 2017.
December 12, 2016
Applying for a surety bond with low credit is the same as applying for a surety bond with high credit. The only differences being the cost of the bond and the ease of placing the bond.