TMD Surety Bonds Blog
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Wednesday, November 18, 2020Surety bonds are required in certain circumstances for different individuals and entities. Most surety bonds must be purchased by individuals and businesses that are required to carry the bond. License and Permit Bonds READ MORE >>
Wednesday, November 4, 2020If you own a moving company or storage facility, then your clients are going to put a lot of trust in you to safeguard their personal property while you have it in your care. You also probably have an obligation to meet their demands according to the contract you signed with them. READ MORE >>
Wednesday, October 21, 2020 What are fidelity bonds? All businesses have an obligation to protect their customers, but they also need to protect themselves. That’s why it is imperative to have the appropriate insurance in place. One critical coverage need of many high-profile business owners is a fidelity bond. READ MORE >>
Thursday, October 15, 2020 No two surety bonds are the same, nor are their prices. Depending on your surety bond and the percentage you are expected to pay, you could pay anywhere between a hundred and thousands of dollars for a surety bond. This is because you do not need to pay the full cost of a surety bond. READ MORE >>
Wednesday, September 23, 2020 Many bonds that businesses can buy are designed primarily to protect third parties, such as contractor bonds and performance bonds. An employee dishonesty bond is a type of surety bond that protects the business in case of employee dishonesty. This bond is not required by law or other entities the business may work with. READ MORE >>
Wednesday, September 16, 2020 There are many types of surety bonds available for purchase. Each will apply to different liabilities that various businesses, notably contractors, might have to guarantee before their clients will engage in businesses with them. Most of the time, contractors will need a variety of surety bonds. READ MORE >>
Tuesday, August 25, 2020 Buying and selling cars is a high-stakes transaction. These deals must occur within the boundaries of the law. If someone tries to sell a car illegally or dishonestly, they could face criminal charges. No one has more responsibility to conduct a transaction correctly than a dealership. READ MORE >>
Thursday, July 30, 2020 Unlike when you purchase an insurance policy, a surety bond is not something you pay monthly premiums on in exchange for coverage. Instead, a surety bond is a one-time, lump sum payment that acts as an agreement between three different parties. READ MORE >>
Monday, June 29, 2020When developing a trustworthy business, you have a lot of things to think about. A welcoming working environment and fair billing practices are not the only important impressions to cultivate with your clients. You also must do the work as you promise, particularly when you have contracts that you have to follow. READ MORE >>
Monday, June 22, 2020When signing contracts with clients, you might have to buy surety bonds. They reassure clients that you will meet your contractual obligations or pay up. Contractors have choices of surety bonds. You might need to invest in several to help you meet your appropriate obligations. READ MORE >>
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