When looking for the right bond company it is easy to feel overwhelmed by the lofty nomenclature and the complex procedures that are involved in obtaining a bond. So what should you look for in bond agency? Because you want to make sure that you get the right bond and the right price. Here are some important things to look for when inquiring at any bonding agency:
1. Choose a company that can give you the best rates for bonds in your area or state:
Surety bond rates are usually determined as a percentage of the entire bond amount. This percentage varies based on the specific bond type. For instance, notary public bonds are generally under $10,000 while performance bonds might be can be in the millions of dollars. Because the surety may possibly lose a great deal of money on larger bonds, naturally there will be higher rates. Since every type of bond has different legal guidelines to be adhered to, the jurisdiction where the bond will be held may also impact your surety rate. For instance, the bonding laws for a surety bond in California could be different to that of laws in Florida for surety bond specifications. Find out what the going rates are for the bond that you need by contacting us at Simon Insurance, a proven and authoritative bonding agency.
2. Does the company have a reputable long history in the bonding business?
Simon Insurance is an experienced surety bond broker over 30 years of bonding, which can give you the edge in obtaining the best price and coverage for your bond. Our surety bonds specialists have an extensive history in surety bonding, as well as strong relationships with the leading surety bonding companies, which will work hard for you to ensure that you get the best terms and conditions for your bond.
3. Does the Bond Agency provide the bond you are looking for?
Simon Insurance offers many different types of surety bonds, we strive to provide you with the bond you need. Here are some of the most popular bonds we provide:
• Executor Bonds
• Guardianship Bonds
• Testamentary Trustee Bonds
• Trustee for Will Bonds
• Non-Standard Surety Bonds
• Probate Bonds
• Fiduciary Bonds
• Commercial Surety Bonds
• License and Permit Bonds
• Court Bonds
• Contract Bonds and more.
4. Is the bond company fast and responsive to your bond request?
Too many bonding companies today are too slow in expediting and processing your bond in an efficient and prompt manner. We believe at Simon Insurance that the bond broker should prioritize the client’s needs above all other matters in the office so that you can get the bond you need as quickly as possible.
5. Finally is the bond company willing to assist you though the whole process in obtaining a bond.
You want to work with a bond agency that is both willing to serve and educate you on the bonding market in order to give you very best deal available. We at Simon insurance are committed to you from the initial inquiry to the purchase of the bond. We want to make sure you are fully informed of what the bond will cost and how it helps you and your business or family needs.
Call us today for a free consultation for all types of Surety Bonds including Court Bonds, License Bonds, Probate Bonds and Permit Bonds. Simon Insurance is based in South Florida and serves clients throughout the United States and Florida including Miami, Ft Lauderdale, West Palm Beach, Tampa, St Petersburg, Cape Coral, Orlando and Jacksonville. We encourage you to browse our website and call or email us today to find out how we can assist and help you.