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Thread: Claims Process

  1. Mother Bond
    Mother Bond is offline Senior Member
    Join Date
    Oct 2007
    Posts
    171

    Claims Process

    What is the claims process? How is it initiated? Is it investigated? As the principal, what is my role?
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  2. Surety Queen
    Surety Queen is offline Surety Professional
    Join Date
    Oct 2007
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    558

    Contractor License Bond

    Quote Originally Posted by Mother Bond
    What is the claims process? How is it initiated? Is it investigated? As the principal, what is my role?
    Your customers would initiate a claim directly with the Surety company. Yes - it is investigated. Your role is to respond to the claim allegations to help Surety determine whether or not it's a valid claim.
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