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Category: Blog

What is a Motor Vehicle Dealer Bond?

Buying and selling cars is a high-stakes transaction. These deals must occur within the boundaries of the law. If someone tries to sell a car illegally or dishonestly, they could

Can You Get Your Money Back on a Surety Bond?

Unlike when you purchase an insurance policy, a surety bond is not something you pay monthly premiums on in exchange for coverage. Instead, a surety bond is a one-time, lump sum payment that

Surety Bonds and Your Professional Reputation

When developing a trustworthy business, you have a lot of things to think about. A welcoming working environment and fair billing practices are not the only important impressions to cultivate

The Primary Types of Contractor Surety Bonds

When signing contracts with clients, you might have to buy surety bonds. They reassure clients that you will meet your contractual obligations or pay up. Contractors have choices of surety bonds.

What Is a Name Schedule Bond?

When hiring employees for your business, you take all the necessary precautions to make sure those employees are trustworthy and reliable. Unfortunately, it’s not always clear what will happen once

When are Surety Bonds Required?

Surety bonds are useful but confusing, as there are many different types that each serve a different purpose. Some surety bonds may be required, but this depends both on the type

What Happens if You Break a Performance Bond?

Performance bonds are typically required for contractors in order to complete a job. A client may hire a contractor for a construction project with the requirement that the contractors enter a

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