How Surety Bonds Protect Home Buyers
Buying a home can be a long, complicated process. Because many different people in different roles demand your trust, time, and money, you can easily feel uneasy or stressed. Although many of the risks that…
Business Service Bonds: Consumer Protection Series
Dealing with theft from hiring a company without a bond is more common and damaging than we realize. For Denise Moore, this exact scenario became a reality. Moore is a Missouri woman who hired a…
Surety Bonds Offer Consumer Protection
Surety bonds are the metaphorical superhero for consumers. They save customers from having to dig into their own pockets if negligence occurs when working with businesses. While a general business insurance policy protects a hired…
Shifting Gears: Missouri Motor Vehicle Dealer Legislation Updates
Effective August 28, 2020, Missouri House Bill 1963 modified an existing law by introducing an increased surety bond requirement for motor vehicle dealers. Under the bill, dealers must post a $100,000 surety bond or irrevocable…
North Dakota Public Adjusters Now Need Surety Bonds
Effective on August 1, 2019, House Bill 1219 established the requirement that North Dakota public adjusters are to be licensed and have a $20,000 surety bond. Previously, those who held a consultant license were granted…