Surety Bond Forums - JW Surety Bonds
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Old 03-18-2008, 10:16 AM
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Default Grace Period
I just got an invoice in the mail for my bond renewal. Do you have a grace period if I cannot pay the renewal premium by the due date?
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Old 03-18-2008, 11:47 AM
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Join Date: Oct 2007
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Default Commercial Bonds
Quote:
Originally Posted by Bond Magician
I just got an invoice in the mail for my bond renewal. Do you have a grace period if I cannot pay the renewal premium by the due date?
Possibly. It really depends upon who the Surety company is. It's best that you have a dialogue with your bond representative to see what the drop dead date is to receive your renewal premium.
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