Surety Bond Forums - JW Surety Bonds
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Old 12-12-2007, 12:48 PM
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Default No Claims

I've had an auto dealer bond for 3 years now without a single claim filed. Shouldn't that qualify me to have my premium reduced?
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Old 12-12-2007, 01:12 PM
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Join Date: Oct 2007
Posts: 558
Default Motor Vehicle Dealer Bonds

Quote:
Originally Posted by Mother Bond
I've had an auto dealer bond for 3 years now without a single claim filed. Shouldn't that qualify me to have my premium reduced?
It's possible - if you were on a high risk program, and your personal credit is still not good, then it's not likely the premium can be adjusted. I suggest that you talk with your account representative to see if there is another program you can be written through.
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