Question

 What is the meaning of a surety bond?

Answer Surety bonds are used in a wide variety of commercial transactions, business operations and court actions. A surety bond is issued by a surety company to guarantee the performance of one party to a... Read More »
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Top Q&A For: What is the meaning of a surety bond

What is the Difference Between a Surety Bond & a Fidelity Bond?

A business has the option to utilize insurance tools that will protect them in the case of any unforeseen occurrence that would jeopardize them financially. Employees may manage resources in dubiou... Read More »
http://www.ehow.com/facts_6833045_difference-surety-bond-fidelity-bond_.html

What is a contractor's surety bond?

When an individual or company signs a contract with a contractor for a construction project, there is always a risk that the contractor will take any deposits made and not finish the promised work ... Read More »
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How much does a $50,000 surety bond cost?

The standard market rate for a commercial surety bond is about 1 to 3 percent. At that percentage rate, a $50,000 surety bond could cost between $500 to $1500. Because of the number of factors invo... Read More »
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What is surety bond insurance?

Surety bond insurance is a misnomer. A surety bond is not insurance. It's actually a form of credit that serves as an agreement among three parties.FactA surety bond is a three-party agreement in w... Read More »
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