Reasons for a Claim

[h2o]

What types of incidents would trigger a claim?

[Surety Wizard]

There can by many things that could trigger a claim. The Bond itself states that you will run your business ethically and under the guidelines that they have set forth for your business type. Typical claims in the mortgage business would be not paying an appraiser, illegal hidden fees, charging more than required for additional fees, or operating without a valid license.