Results for Weisbrot

Commercial Surety Bonds: Getting The Best Rate (Part 1 of 2)
com mike@jwsuretybonds Even a small bond at 15% can be extremely costly Principals can see premiums range from 1-15% of the amount of the bond However, these programs are far and few in between

Bonding Companies Contractor Criteria
There are numerous other professionals that one could utilize such as good a good controller and legal counsel, but we will stop our list here so it still applies to most contractors Offering contract bonds of all sizes, as well as contractor license bonds nationwide Surety underwriters will want to periodically meet with their medium to larger sized contractors The underwriter will want to see that the contractor knows their cash flow and their receivables that are over 90 days

Surety Bond Costs
Usually, once a principal is told that bonds are really just a form of credit they respond with "My credit score is You might think that these paper pushers are doing you a service by submitting you to more companies, but they are doing quite the opposite You can find the original article, "What Does A Bond Cost?" and many other articles by Michael Weisbrot at the Surety Bond Blog Therefore, a rate can not be given from the owner's personal credit information alone

Worry About The Surety Bond Last
Think it through and talk to a professional bond producer to discuss what options are available to you Be careful if you are a contractor trying to get your foot in the door on a big job It may be an inconvienience of your time and assets, but the requirement is in place not to protect the principal, but the obligee Commercial Bonds: mortgage broker bond, auto dealer bond, all license bond, etc

Learning The Importance Of Surety Bonding, The Hard Way
of Maryland, Colonial American Casualty and Surety Co However, personally I have seen little difference, and Zurich American Insurance Co had to assume control of a project for an addition to a Dallas courthouse after the contractor walked off the job

Learning The Importance Of Bonding, The Hard Way
http://www Sure this keeps costs down, if everything goes right that is had to assume control of a project for an addition to a Dallas courthouse after the contractor walked off the job Hopefully businesses nationwide will open their eyes to the benefits of suretyship