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Different Types of Commercial Surety Bonds | Suretegrity

Suretegrity is the only Surety Bond agency in the United States with the technology to deliver all Surety Bond offerings instantly online. Some of popular commercial surety bonds are offered by Suretegrity including auto dealer surety bonds, agricultural & citrus surety bonds, fuel tax surety bonds, and many more you can find in this pdf document.<br>http://www.suretegrity.com/

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Different Types of Commercial Surety Bonds | Suretegrity

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  1. Different Types of Commercial Surety Bonds -:7 Most Popular Commercial Bonds:- Agricultural & Citrus Surety Bonds  Individuals who buy and resell agricultural products are required to post a Surety Bond and be licensed with the Department of Agriculture. Auto Dealer Surety Bonds  People who want to get their vehicle dealer license typically have to provide an Auto Dealer Bond as a financial guarantee. Contractor's License Surety Bonds  A Contractor License Bond guarantees the contractor will remain in compliance with all applicable laws pertaining to their profession. Fuel Tax Surety Bonds  A Gasoline Tax Bond guarantees government entities the principal (Supplier of Fuel) will pay any and all taxes on fuel sold. License & Permit Surety Bonds  This bond guarantees the principal will engage in business in a manner compliant with a set of rules and regulations. Mortgage Broker/Banker/Lender Surety Bonds  This bond ensures the consumer is protected against the wrongful practices or fraud on the part of a lender or broker. Alcoholic Beverage & Tobacco Tax Surety Bonds  This Bond guarantees the principal will pay all taxes related to the sale of alcoholic beverages. How Much Does A Surety Bond Cost?  It should be understood that certain types of surety bonds are more expensive than others.  For Example –

  2. The cost of a notary public bond is around $100.  The cost of an automobile dealer bond is anywhere from $1,000- $7,500.  There are three main criteria used in calculating surety bond cost:  The type of bond  The amount of the bond and duration  The risk level of the applicant Sources: https://www.suretegrity.com/ http://blog.suretysolutionsllc.com/suretynews/how-much-does-a-surety-bond- cost This infographic is presented by Suretegrity

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