Click to verify BBB accreditation and to see a BBB report.
Follow us on twitter!
+ Reply to Thread
Results 1 to 3 of 3
  1. Unregistered Guest

    Volume discounts on premiums?

    We are a bonded mortgage lender in NC and were wondering if you can find a bond company that will lower the premiums if you give them a large amount of business. For example, we are looking to expand and get bonded in 27 additional states. Or is this something that is non-negotiable?

  2. Join Date
    Jan 2005
    Posts
    755

    Sureties do not give discounts based on volume. However, often sureties will write bonds for a client they normally would not write in order to write the entire account. As always, premium rates will vary depending on how financially strong the business and it's owner(s) are considered.

    You can obtain quotes on all 27 states at: http://www.jwsuretybonds.com/app_mort.htm Just be sure to either submit all bonds at the same time or a letter explaining that you plan to do so. This will give the agent a better idea on how to proceed.

    Let me know if you have any further questions.

  3. william Guest

    We give groups special rates. www.bfbond.com

Similar Threads

  1. Bid and Bond Premiums
    By Bond Guy in forum Bid Bonds
    Replies: 1
    Last Post: 08-29-2008, 06:13 PM
  2. How are premiums calculated?
    By Bond Magician in forum Fidelity Bonds
    Replies: 1
    Last Post: 07-22-2008, 04:45 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Content Relevant URLs by vBSEO 3.5.0 RC1 PL1