Re-evaluating Surety Bond Underwriting
Surety bonds are suppose to be underwritten with a 0% loss ratio. There are no funds for claims built into the premium of traditionally underwritten surety bonds. This standard is obviously impossible to achieve on a consistent basis.
Surety Bond Bulk Discounts
Think you will get a discount for obtaining multiple surety bonds? Think again. Surety bonds are really a form of credit, and as you make use of it bonding companies will be more hesitant to write additional bonds for you.
What you need to know about home loans
New home buyers have many questions and need as much guidance as possible. Finding the answers can take a lot of time and sometimes the answers aren’t even understandable. Bond originator companies make things easier, taking the hassle out of buying a house for the first time.