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  1. Bond Magician
    Bond Magician is offline Senior Member
    Join Date
    Oct 2007
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    401

    How are premiums calculated?

    What factors come into play when determining premium for fidelity bonds? Does the owner's personal credit come into play?
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  2. Surety Queen
    Surety Queen is offline Surety Professional
    Join Date
    Oct 2007
    Posts
    558

    Fidelity Bonds

    Quote Originally Posted by Bond Magician
    What factors come into play when determining premium for fidelity bonds? Does the owner's personal credit come into play?
    Premiums are calculated based upon the following:

    1. Size of bond
    2. Number of employees to be covered
    3. Length of the bond (1 yr, 2 yrs, 3 yrs)

    Personal credit is not a factor in the calculation of premium.
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