Without the right surety broker, you are rolling the bonding dice. Worse yet, some people don’t know they are essentially gambling when it comes to their company’s surety bond needs.
Surety bonds are a very specialized non-insurance credit product and a relatively small niche segment of the entire insurance industry. Not everyone is an expert on the subject.
If you need any material amount of surety bond support, check around and get some references to make sure you are working with a surety professional who can quickly get to the heart of any matter to solve your bonding issues.
You don’t want a general practitioner performing the operation when you need a heart surgeon. The same goes for bonding.
If you would like to learn more about the surety business, contact me at Oswald Companies