While consumers often confuse insurance and surety bonds, agents understand that these products are very different, and each requires an agent with unique skills and experience to secure the best prices. As an insurance agent, it can seem counterintuitive to send your insurance clients elsewhere when they need help securing a surety bond, but you might be surprised to learn that referring your clients to a surety bond specialist can be good for business! Continue reading “How Insurance Agents Retain Clients By Referring Them To Surety Bond Agencies”
Surety Bonds vs. Insurance Policy
You may have heard about surety bonds but aren’t exactly sure what they are… Many people get confused between insurance vs. bond. While they appear similar, they can have very different implications for both businesses and consumers. The team at Viking Bond Service is here to clear up the confusion by explaining the difference between surety bond vs insurance policy.
Surety Bond Rates Explained
When it comes to buying a surety bond one of the first questions applicants ask is, “how much will the bond cost?” Surety bonds come in many types, many sizes…and many prices, ranging from as little as $100 to thousands of dollars. So, what determines the cost of a surety bond? Well, a number of factors.
Marijuana Surety Bonds in California
California now boasts the largest legal market for recreational marijuana in the US after new laws came into effect on January 1, 2018 that legalized the industry within the state. Continue reading “Marijuana Surety Bonds in California”
Surety Bonds Needed for Nevada Tax Preparers
When the tax deadline approaches each year many people rely on professionals to help with their personal and business tax returns, and if you work in tax preparation you’re probably already experiencing the surge of the tax season rush. Continue reading “Surety Bonds Needed for Nevada Tax Preparers”
Why Your Business Might Need a Sales Tax Surety Bond
If you’ve never heard of a sales tax surety bond before don’t worry, you’re not alone! A sales tax bond is a type of surety bond that’s generally only required if you operate a business in certain industries. Continue reading “Why Your Business Might Need a Sales Tax Surety Bond”
Surety Bonds for Guardianship
Guardianship bonds fall into the category of court bonds. Courts often step in to appoint guardians when a person is mentally or physically incapacitated, elderly, or a minor. Continue reading “Surety Bonds for Guardianship”
4 Big US Construction Projects Happening in 2018
With some of the most expensive construction projects in the country currently underway it’s clear that 2018 is set to be a big year for large construction projects. Here are a few highlights of big US construction projects happening in 2018: Continue reading “4 Big US Construction Projects Happening in 2018”
The Basics of Mobile Home Dealer Bonds
Mobile home dealerships that sell either new or used mobile homes are often required to maintain a mobile home dealer bond. Continue reading “The Basics of Mobile Home Dealer Bonds”
The Basics Of Pest Control Bonds
Pest control bonds are designed to protect consumers and ensure that any business that uses pesticides obeys all state and federal regulations regarding the use of these substances. These license and permit bonds need to be maintained as long as the business remains operational. Continue reading “The Basics Of Pest Control Bonds”