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What is a Surplus Lines Agent Bond?
A surplus lines agent bond is a type of insurance that protects the state from fraudulent activity by an individual. Each time they are licensed to do business in a different state, agents must have this license and permit surety bond as well before being authorized to offer surplus lines insurance policies on behalf of their company or agency.
Do you need a Surplus Lines Agent Bond?
If you're looking for MI – Surplus Lines Agent Bond, Swiftbonds is the company to call. We offer competitive rates and have been in business for years. Give us a call today!
Our goal is to provide excellent service with low rates and fast turnaround times. We also work hard to make sure our customers are satisfied with their experience every time they do business with us. It's not just about getting the job done – it's about doing it right!
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Why is the MI – Surplus Lines Agent Bond required?
Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Have a MI – Uniform Manufactured Housing Retailer's License ($10,000.00) Bond.
How does a MI – Surplus Lines Agent Bond work?
Getting a MI – Surplus Lines Agent Bond means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. Get a MI – Uniform Manufactured Housing Retailer's Consumer Deposit Bond.
How much does a MI – Surplus Lines Agent Bond cost?
MI – Surplus Lines Agent Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get a MI – Surplus Lines Agent Bond with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. See a MI – Timber Sale Bond.
How to get your MI – Surplus Lines Agent Bond?
Would you like to know the first step in getting your MI – Surplus Lines Agent Bond? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Read a MI – Third Party Testing Organization Bond.
