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  1. Harley
    Harley is offline Member
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    Oct 2006
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    Aggregate liability

    How is the amount of Aggregate Liability decided?
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  2. Admin
    Admin is offline Administrator
    Join Date
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    755

    That would depend on whether you are referring to contract or commercial bonding. Since you posted in a commercial bond section, I will assume you are referring to a commercial account.

    The aggregate liability for a commercial bond account would be determined using the same methods to see if they qualify for a bond of $X. It is based primarily off of business financial statements, but personal financials and personal credit of the owners are also considered.
    Surety Bond Articles
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