If you are required to carry some type of surety bond in Ohio. You might at first be overwhelmed about knowing where to start. Shopping for, and buying a surety bond is similar to buying insurance in many ways, and also quite different in other ways:
How a surety bond is similar to insurance:
How a surety bond is different from insurance:
Types of Surety Bonds: This is not an all inclusive list because of the wide variety of different types of surety bonds. But most bonds fall in one of the following categories:
How do I start the process of acquiring a surety bond in Ohio?
Before you begin to get a quote for a surety bond, it's very important to know exactly what type of bond you need, and what amount the bond needs to be written for. Once you have that information, you can begin to look for surety bond prices by getting a surety bond quote.
The Next Steps:
Summary: Buying a surety bond can be much more complicated than compared to buying insurance. But if you go through an agent or broker, they can make the process much more simple and much less aggravating as opposed to trying to do it all by yourself. That's what agents/brokers are there for. Take advantage of them!
If you would like to get a surety bond quote through my agency, I will be happy to help you with every step along the way. I currently use two major surety bond brokerage firms to help find you the best rate. Both firms use dozens of surety bond companies to accommodate you as best that they can. And as always, I handle all quotes personally and privately. I never share or sell your information to anyone.
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Dan Lyles is an Independent Insurance Agent serving Ohio, Indiana, Michigan, Pennsylvania, Virginia and West Virginia..