Quote:
|
Originally Posted by grasshopper If I need a license or a permit bond that is only being required for 5K, can I apply for a larger amount so that I meet my 5K requirements? I know that your company has a 10K minimum to write the bonds but I have some credit issues and have been turned away from other bonding companies. |
You really have to obtain the bond for the amount that the obligee is requiring. So, if the obligee is requiring a $5,000 bond, you should contact a local insurance agency within your state and they may have a market for this type of bond. We can also refer you to an agency that we work with who can help you with that bond amount.