How do you become insured and bonded?


A surety bond company insures that the work of a bonded individual or company will meet the standards of a contract. A person or company would secure a bond from a surety bonding company. A list of certified surety bonding companies are listed on the Financial Management Service of the Bureau of the United States Department of the Treasury. A company or individual can also purchase insurance coverage in the same manner. To become insured and bonded, the person or company must apply for and secure coverage.
Q&A Related to "How do you become insured and bonded?"
1. Confirm that you must have licenses to do business in your industry in your area. Check with your city government to find out about a business license, and with your state regulating
1. Ensure that you need a surety bond. Although "becoming bonded" usually means securing a surety bond, many contractors think they mistakenly need surety bonds when in
1. Complete the pre-licensing education. Each state requires the successful completion of several industry-related courses before you are permitted to take the insurance producer's
1. Check out the pretest requirements for your state. Not all states require you to have any classroom hours before you test, but some do have that requirement. If your state requires
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