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Thread: Claim

  1. Bond Magician
    Bond Magician is offline Senior Member
    Join Date
    Oct 2007
    Posts
    401

    Claim

    What exactly is a claim? Who makes the claim on the bond?
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  2. Surety Queen
    Surety Queen is offline Surety Professional
    Join Date
    Oct 2007
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    558

    Motor Vehicle Dealer Bonds

    Quote Originally Posted by Bond Magician
    What exactly is a claim? Who makes the claim on the bond?
    If a Motor Vehicle Dealer sells a car and doesn't deliver a clean title for that vehicle, the person who bought the car can file a claim against the bond. This is just one example of a potential claim situation.

    Hope that helps!
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