I have a question about 2nd hand security bonds. I am very new to all of the my girlfriend owns a thrift store in NY State she is just now being told about these security bonds that she must have. I was wondering i you pay the 10000 or the bond and your store closes do you get the money back?
You wouldn't pay the full amount for the bond, but a percentage. If you have good credit, you could be looking at a premium as low as $100. This premium fee would not be returned should you close, unless it is past the first year of the bond, then cancellations are pro-rated.
We're glad to hear you found it useful. You need to be careful when it comes to online surety information, as there are a lot of companies that appear reputable that have NO CLUE what they are talking about.
Feel free to post any questions you might have here. Our agency works hard on getting the correct information out for the public and we are always happy to answer any surety related questions.
@lightitupfool You are looking for a lost title bond. That is something that not all agencies handle so you will want to seek out one that specifically does.
@arehman Should you have further questions you can post them here or visit our forums. Just do a google search for "JW Surety Bond" and you'll find them!
The forums will give you answers from specialists throughout the nation from a variety of different specialties.
I have a question about 2nd hand security bonds. I am very new to all of the my girlfriend owns a thrift store in NY State she is just now being told about these security bonds that she must have. I was wondering i you pay the 10000 or the bond and your store closes do you get the money back?
ultrapak2006 1 month ago
@ultrapak2006 @ultrapak2006
You wouldn't pay the full amount for the bond, but a percentage. If you have good credit, you could be looking at a premium as low as $100. This premium fee would not be returned should you close, unless it is past the first year of the bond, then cancellations are pro-rated.
JWSuretyBonds 1 month ago
best video explanation on youtube! especially helpful comparison with the ILOC to underline usefulness of Surety Underwriting.
lexcan 1 year ago
@lexcan Thanks!
We're glad to hear you found it useful. You need to be careful when it comes to online surety information, as there are a lot of companies that appear reputable that have NO CLUE what they are talking about.
Feel free to post any questions you might have here. Our agency works hard on getting the correct information out for the public and we are always happy to answer any surety related questions.
JWSuretyBonds 1 year ago
Thank you, need one of these to get a title to car.
lightitupfool 1 year ago
@lightitupfool You are looking for a lost title bond. That is something that not all agencies handle so you will want to seek out one that specifically does.
JWSuretyBonds 1 year ago
Thank you for putting up this video, i wasn't sure of what a surety bond was but now i know.
arehman 1 year ago
@arehman Should you have further questions you can post them here or visit our forums. Just do a google search for "JW Surety Bond" and you'll find them!
The forums will give you answers from specialists throughout the nation from a variety of different specialties.
JWSuretyBonds 1 year ago