Commercial Insurance
Small Business and Entrepreneurship
Business Plans

How does one become licensed and bonded for a local delivery service business?

128129130

Top Answer
User Avatar
Wiki User
Answered
2010-10-17 07:13:11
2010-10-17 07:13:11
Licensing & Bonding Delivery ServiceQuite often, the terms bonded and insured are very misunderstood. Both involve coverage in case of loss or exposure to risk. Bonding usually refers to a type of surety guarantee that a specific project, service or act will be financially covered if performance is not complete or satisfactory. Insurance on the other hand usually refers to a specific amount of financial coverage for risk to a tangible item, such as car, building or goods that have been shipped. Delivery is a service that requires both bonding and insurance. You will need to secure a bond from a bonding company, assuring that if you fail to deliver a package or if a package is damaged, the bonding company will reimburse your customer for the financial loss. Insurance companies or insurance agencies are both companies that provide bonds. Some specialize in bonding, however, that does not mean that you will receive better pricing or that they have more experience. Before becoming bonded, make sure you talk with your insurance agent or consultant regarding any potential overlaps in protection. You do not need to become bonded if you're already adequately covered by insurance. You may be able to cut costs by reducing insurance coverage and becoming bonded. Make sure you research your options and talk to the appropriate professionals. You will need to contact your local and state governments regarding any licensing requirements that are necessary. Usually general licenses are required to operate a business at the town/city level. Specialized licensing is typically granted by the state.
001
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0

Related Questions


go to your licenseing department call you local corthouse to find out where or how to get ahold of them

You will need to apply for a license you can get most info at cslb.ca.gov. A bond you can purchase through an insurance broker.

The easiest way is to work for a bondsman and learn the business, then get licensed.

I have a Masters in Christian Counseloring, And A licensed Reverend and i would like to become a LPC. I have a business but right now I m limit to what and how I counselor people.

Yes you can-- you don't have to tell your clients about your past if it is not relevant to your business ownership.

In order to become a successful licensed insurance agent, a person must receive a Bachelor's degree in Business or Economics. Insurance companies like to hire people whose academic background includes courses in math, finance, economics, accounting and business.

You must have a business license to run a business in most states. However, there is no particular licensing process to become a certified auto upholsterer.

After you have a license. Not so, the second you accept money for a service it becomes a Business. You are doing it for reward.

Probably not, but you could check with the Small Business Administration and your local city official to make sure.

You will need to be trained and licensed to sale insurance. You can get training with the insurance company you would like to represent.

You need to become Licensed to become one.

They become licensed because they are being used for copywrite.

You have to be licensed to become a pediatrician.

There is no professional license for mobile shredding services. To get bonded just talk to your insurance agent.

Drivers license - yes. Other than that -- licensed to do WHAT?

Investment Adviser are licensed through their state or the SEC to provide investment advice for a fee. To become an Investment Adviser, a four year bachelor's or a master's degree in finance or business administration with additional coursework in statistics, economics and business is required.

An individual can not provide their own wireless internet. You need to go through an established ISP to get internet service.

In most states, gunsmiths must be licensed. To be licensed, a test must be taken and passed. Gunsmiths in most localities must also be bonded in order to be licensed.

In order to become a broker you must be licensed. You must pass professional exams to become licensed,a series 7 and 63.

A dns service is similar to a phone book in that it has many listings for various websites. Once you start your business website you can become a part of it.

To become a loan broker you first need to find out whether your state requires you to be licensed. If you do need to be licensed then you need to apply for an application and undergo a criminal check and have your finger prints taken. Whether or not you need to be licensed, you still need to have a good education in business and finance. Upgrading your education in loan training program can assist and help develop the kind of knowledge you need.

There is no licensing of astrologers.

Check with your state and local government to see if you have to be licensed. Your state insurance department is your best resource for insurance-related questions and concerns. Find information on insurance companies and agents, rate quotes and comparisons, insurance buying tips, claims filing information and much more! State Insurance Department websites: http://www.naic.org/state_web_map.htm

Different states have different requirements for becoming a licensed provider. I suggest checking out your State's website for business license info.


Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.