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Originally Posted by h2o "Standard Markets" are surety companies that are going to be able to offer lower rates, but this is because they have stringent underwriting guidelines. They only write bonds that they expect little to no risk or loss from. To qualify through standard markets, you must have good credit and strong financials. They may also take a look at your past experience - that is why you may be asked to submit a resume. Another thing to keep in mind is that while some applicants might be very strong, the bond they need is considered too risky... so it is also possible to be turned down by certain surety companies simply because they aren't willing to write that particular type of bond. |
When I submit a resume, do I only indicate my experience with selling used cars? Or should I indicate all of my past experience, even if it is not related to car sales? Will this potentially help me get a better rate if my resume is more detailed?