How to get a surety bond? In Florida, you will be required to submit the obligation to the surety agency from where you purchased your surety bond (namely, us) and we will submit the application and the surety bond to the Florida Secretary of State. The $7,500 Florida notary bond is a surety bond required by the Notary Commission as a prerequisite for licensing. The Commission is also the obligee for this bond. The notary bond protects others from acts of fraud and criminal malfeasance in their performance of notarial acts. Of note, the notary bond protects others, only, from wrongful acts committed by a notary.
Contractors licensed in Virginia are regulated by the Department of Professional and Occupational Regulation (DPOR). Laws, restrictions, and applying for contracting in the Commonwealth are found under the Code of Virginia, ยง 54.1-1106. Contractors must also furnish evidence of a surety bond in order to be licensed. AmeriPro Surety Bonds offers you the contractor surety bond as both a new (first time) and renewal surety bond.
The Occupational License Division requires a DMV register service individual or business to post a surety bond for $25,000 on its behalf. AmeriPro Surety Bonds will help you obtain your registration service bond very quickly. Once purchased, you will need to file the bond with the Occupational Licensing Department. This surety bond is purchased by the individual on behalf of the DMV and the consumer public. The bond protects the public from any acts of negligence or fraud on the part of the registration service business. It is not, therefore, insurance which protects the registration service business. For this latter, you may wish to look into purchasing an insurance liability policy. See even more details at California injunction bond.
Amounts greater than $100,000, however, will include a standard credit review by an underwriter. Good credit will be needed in order to qualify. Depending on just how large the amount of surety bond involved, the process can take a few days, and may include requests for additional documentation. Such additional documentation will typically mean a financial statement from the person purchasing the bond. This is not always the case, however, and matters will be judged individually according to exigent circumstances.
Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an “instant issue”; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience. See even more information on contractor bond.