At SuretyBonds.com, “fast, easy and accurate” is our motto, so it should come as no surprise that our surety experts strive to make the bonding process as convenient as possible for our clients — especially when it’s time to renew your surety bond.
Typically, you can expect a phone call and/or email from your account manager about 90 days before your bond is set to expire. You can also expect a reminder 60 and 30 days before the expiration. This advanced warning gives you ample time to renew your surety bond so you don’t fall out of compliance with the laws of your state and industry.
The following surety bond types expire on June 30.
- Michigan mortgage broker bonds
- Mississippi mortgage broker bonds
- West Virginia motor vehicle dealer bonds
- Michigan fundraising bonds
- New Jersey fundraising bonds
The following types of surety bonds expire on July 1.
- North Carolina collection agency bonds
- Missouri combat sport promoter bonds
- Kansas combat sport promoter bonds
- Colorado medical marijuana bonds
If you fail to renew your surety bond before its expiration, your state will be notified of its cancellation. To save yourself the time and hassle of reapplying, renew your bond with SuretyBonds.com as soon as possible.
Unless your credit score or the required bond amount has changed, you should expect to pay the same premium for your bond as you did last year. Of course, we’ll re-shop your bond to ensure you get the best rate possible. We’ll also check to make sure that bond requirements haven’t changed since last year. For example, medical marijuana dispensaries in Denver must post a Denver surety bond as well as a Colorado surety bond.
Even if your credit has taken a hit in the past year, don’t hesitate to contact us when it’s time to renew your bond. The experts at SuretyBonds.com can help 99% of applicants get approved regardless of credit score.
When you’re ready to renew your bond, give us a call at 1 (800) 308-4358 Monday through Friday, 8 a.m. to 7 p.m. CST to connect with your surety specialist. Your account manager can renew your bond over the phone in just a few minutes. In the meantime, be on the lookout for a phone call and/or email from your account manager regarding your bond’s expiration date.