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Contractor License Bonds - Prior Claim


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Old 06-06-2008, 02:57 PM
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Default Prior Claim

I had a claim previously on my contractor license bond - it's since been paid and closed out. Because of this prior claim, I haven't been able to get this bond replaced from the companies I've tried so far.

Could it be possible to get approved for a bond through your high-risk program?
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Old 06-16-2008, 08:53 AM
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Join Date: Oct 2007
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Default Contractor License Bond

Quote:
Originally Posted by Mother Bond
I had a claim previously on my contractor license bond - it's since been paid and closed out. Because of this prior claim, I haven't been able to get this bond replaced from the companies I've tried so far.

Could it be possible to get approved for a bond through your high-risk program?

It's certainly worth a shot. However, IF it can be approved (and I'm not sure it can be), it may require collateral.
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