Claim on a surety bond.

[Numbers]

What would create a claim on a surety bond?

[Surety Queen]

Originally Posted by Numbers

What would create a claim on a surety bond?

Basically, a claim can be filed if the Principal does something that goes against the rules and regulations of the state in which they are bonded that causes financial harm to the customer.

[Admin]

To be even more broad, a claim can arise when the principal fails to perform per the guarantee of the bond.

You will need to do some research as to who is requiring the bond of you and what the bond is actually guaranteeing.