BMC84 Help?

[Bond Guy]

I need assistance with BMC84 Bond. I'm an insurance agent. Do you broker or do you deal direct with the bond applicant? I am not at all familiar with the bond process. What is the turn around time?

[Surety Queen]

I need assistance with BMC84 Bond. I'm an insurance agent. Do you broker or do you deal direct with the bond applicant? I am not at all familiar with the bond process. What is the turn around time?

We will absolutely work with brokers or direct with the bond applicant - your choice. The BMC-84 has gotten pretty easy to get. The big question is what the premium will be. I've seen everything from $500 (for perfect credit and home ownership) to $3,000 (for not-so-perfect credit). We try to write this bond without collateral whenever possible. Otherwise the BMC-85 Trust Fund is probably the best option.

Here is the link to the ICC Bond application that will also give you some additional information regarding this bond.

ICC Bonds - Surety Bond Types