If you’re embarking on the exciting journey of becoming a licensed contractor in the Golden State, you’re in the right place. In this article, we’ll cover everything you need to know about getting and maintaining a California contractors license – from who requires it to the nitty-gritty details of the application process. Who requires California […]
Category Archives: Surety Bonds
When working with a surety bond provider, you’ll likely encounter the term “full financials.” The concept comes into play during the bond application process. But what does it mean? Why would your surety ask for it, and why should it matter? We put this guide together to answer all the questions we frequently get on […]
If you have a low credit score, don’t let it stop you from applying for the surety bonds you need. Some surety providers, like ZipBonds, work with applicants with low credit scores by offering options that allow you to get bonded for a low premium rate. In this article, we cover how credit scores generally […]
Surety bonds and insurance are two types of financial protection. Surety bonds guarantee that a person or company will fulfill their obligations, while insurance pays for losses if something goes wrong. In this guide, we’ll break down the core differences between surety bonds vs. insurance. That way, you’ll know how each will serve you best. […]
If you’re required to obtain a surety bond, you’ll need to fill out a form as part of the process. A surety bond form is a legal document that outlines the bond’s terms, including the amount, the obligation the principal agrees to complete, and the conditions under which the surety company will be liable if […]
If you need a surety bond, it’s essential to partner with the right surety bond agent to ensure a seamless process. Here are some important factors to consider when choosing a surety bond agency and, more specifically, an agent to work with. What is a surety bond agent? A surety bond agent is a licensed […]
If you own a business requiring a surety bond, you need to understand how the bond renewal process works. Before a surety bond expires, it must be renewed to remain in effect after the original term ends. If your surety bond expires prematurely, you may be unable to finish a job or maintain your license […]
If you’re a business owner, contractor, or other professional, you may be required to get bonded at some point in your career. But what exactly does that mean? And how can you get the bonds you need as quickly and easily as possible? We’ll walk you through five simple steps to getting bonded, clearing up […]