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 "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
Well it depends as far as the licensing goes. You need to check with your state and local government to determine if you need a license for a cleaning business. For the bonding and
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. Apply with an insurance company as a captive agent, an independent agency or or as an independent broker with a general agent. 2. Obtain course study materials. You may get them
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