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Thread: Prior Claim

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

    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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  2. Surety Queen
    Surety Queen is offline Surety Professional
    Join Date
    Oct 2007
    Posts
    558

    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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