by Sierra Maine | Feb 24, 2022 | Uncategorized
Financial Statements Explained As a Contractor or other entity needing a Surety Bond Program, you’re likely being asked to provide Financial Statements. This may be confusing, since you were able to easily buy $1,000,000 of Insurance without any Financial...
by Sierra Maine | Feb 10, 2022 | Uncategorized
The Three C’s of Surety – Qualifying for a Surety Bond What are the parameters used for determining if you qualify for a surety bond? This is where underwriting comes in. Underwriting is what the surety company will do when an insurance agent presents a...
by Sierra Maine | Feb 3, 2022 | Uncategorized
The two main categories of surety bonds are contract and commercial. There are many types of commercial surety bonds, and there are often many names for those types. The standard ways to classify commercial surety are license and permit, court and probate, financial...
