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Thread: Price Break?

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

    Price Break?

    Are surety bonds like car insurance in that if I don't' have any claims I get a better rate?
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  2. lifeisgood
    lifeisgood is offline Senior Member
    Join Date
    Sep 2008
    Posts
    109

    Car Insurance vs. Surety Bond for Better Rates

    Unfortunately premiums for Surety Bonds do not work the same as car insurance. Having no claims does not qualify you for a better rate. Premiums are CREDIT based not performance.
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