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"I have been doing business with your company for several years and I wanted to take this opportunity to let you know how pleased I am with your service. The staff is always very professional and courteous and I am very impressed with their efficiency and promptness in handling my very need."
- Sandi Ortiz, Pinnacle Estate Properties
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Choosing a Reputable Bond Agent & Surety Company
No matter how large or small your surety bond needs might be, selecting a reliable and reputable bond agent and surety company is vital to ensuring the delivery of solutions that meet your short and long term goals and bond needs. With regard to your surety agent, the first item one should consider is if their broker is properly licensed. Some insurance and surety agents are only licensed in a limited number of states. Click on State Licensing to access The Bond Exchange’s state by state licensing detail here on our web site. Furthermore, you may consult each states licensing division by visiting www.naic.org/state_web_map.htm to ensure all licenses are valid and active.
The second consideration would be to evaluate the market representation of your surety agent. Should they have access to a limited number of bonding company’s, chances are they will not have the ability to provide an optimal bonding solution at a competitive rate. The Bond Exchange is appointed by over 35 surety company’s, each with diverse underwriting guidelines and rates. Visit TBE Surety Appointments to access a list of the markets with which we hold power of attorney. Our agents are well versed in matching each client’s bond needs with the most suitable surety partner to ensure optimal approval conditions at a competitive premium rate.
Lastly, your surety bond agent should possess an in depth knowledge of the surety industry as it is greatly diverse to standard insurance product lines. In fact, most insurance agents write only a small amount of surety based business and have little experience in the state by state bond requirements. The Bond Exchange’s sole product line is surety bonds. Our long standing history and reputation as a surety specializing agency provides us a superior level of expertise.
Upon purchasing a surety bond, it is important that your bond agent place the policy with a surety of good standing in the industry. The Bond Exchange holds power of attorney with over 25 of the largest surety bond writers in the United States. We welcome inquiries regarding the surety company with which your bond is being placed. We assure all clients that their bonds will be issued by state admitted surety company’s, that they are federally treasure listed and possess a superior A. M. Best financial strength rating.
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