Eric Weisbrot

Eric Weisbrot

69p

349 comments posted · 0 followers · following 0

3 days ago @ Surety Bond Blog | JW ... - In 2013 Trucks Moved $... · 0 replies · +1 points

Hey Dimitry,

If you are brokering freight, you must get a $75,000 surety bond. You can apply for the bond and get approved instantly here: https://www.jwsuretybonds.com/protools.htm

If you have any other questions, please let us know.

1 week ago @ Surety Bond Blog | JW ... - Surety Review: Western... · 0 replies · +1 points

Hey Tara,

Yes they do handle them, and you will also need a broker.

Can you get an adminstrator bond by applying here: http://www.jwsuretybonds.com/surety-bonds/court-b...

2 weeks ago @ Surety Bond Blog | JW ... - Increased Car Wash Bon... · 0 replies · +1 points

You've come to the right place Norma!

You can apply to get a instant bond approval here: https://www.jwsuretybonds.com/protools.htm

2 weeks ago @ Surety Bond Blog | JW ... - Getting Your New Busin... · 0 replies · +1 points

Hey Dan,

You likely need a professional fundraisers bond. It may be your best bet to contact the state directly to ensure the bond requirements haven't changed.

If you find a bond is still required, you can apply for an instant quote here: https://www.jwsuretybonds.com/protools.htm

3 weeks ago @ Surety Bond Blog | JW ... - Getting Your New Busin... · 0 replies · +1 points

Hey Cherie,

It should not prevent you from getting approved, but it could make the premium more costly.

You can apply to see where you stand and get an instant quote: https://www.jwsuretybonds.com/protools.htm

3 weeks ago @ Surety Bond Blog | JW ... - How to Start a Profita... · 0 replies · +1 points

Thanks Mike!

4 weeks ago @ Surety Bond Blog | JW ... - What Is A Bonded Contr... · 0 replies · +1 points

Hey Roger,

The surety bond is not insurance for the contractor, in this case your son. It protects the public by guaranteeing work will be done properly and that suppliers will be paid. Since the bill was not paid to the materials company, a claim was filed and the surety company stepped in and paid it. But the surety always comes back to the bond holder for reimbursement. When your son signed the indemnity agreement, he agreed to repay the surety for any claims that arise.

You can also watch our video to learn about how claims work here :http://www.jwsuretybonds.com/info/videos/general/avoid-claims.htm

Let me know if you have any other questions.

5 weeks ago @ Surety Bond Blog | JW ... - How To Get Licensed & ... · 0 replies · +1 points

Hey Bill,

This could be referring to contract bonds or license bonds, which are very different from each other. Can you please provide a copy of the bond form you need executed? That will tell us exactly what you need.

5 weeks ago @ Surety Bond Blog | JW ... - How To Offset Your $75... · 0 replies · +1 points

Hey Larry,

I'm not sure what you mean by that. Is there information you wish was included on our article?

6 weeks ago @ Surety Bond Blog | JW ... - What Is A Bonded Contr... · 0 replies · +1 points

Hey Morgan,

Each contract should be bonded for maximum protection.

The contract between the Developer and the GC for instance – if bonded, fully protects the developer from a default.

The sub-contractors have a contract with the GC. If each of those sub contracts are bonded, then the GC is protected on each of those sub contracts.

The developer however, is not directly protected when the GC does not post a bond, but the subs do post a bond to the GC.

For instance, what happens when the project is completed, however the GC is having cash flow issues, doesn't pay all of the subs per the contract and the subs all smack UCC lien filings on the property? A Performance & Payment bond from the GC to the developer would have protected in that scenario.