In regards to purchasing a surety bond to replace a lost stock certificate, usually 2% of the face value of the certificate in question. I.E. if the shares are worth $30,000, a surety bond would cost $600.
A $25,000 surety bond would be about $2,500 (10%) or less, depending on the business and/or your negotiating skills. It can widely range so do some shopping and investigative work before you buy a surety bond.
The general rule is 10% of the amount of the bond as the starting point and can be negotiated downward.
It depends on what type of bond you are referring to and do you qualify for the bond. As an example IF you can qualify for CONTRACT PERFORMACE BOND for $100,000, the standard premium is $2500.
Surety Bonds are all based off your individual credit score. So, if you have good credit then your rate will be lower vs. someone who has bad credit.
Your Motor Vehicle Dealer License Bond cost is directly related to your credit and experience rates can start as low as $250 and go as high as $5000. You should know that unlike insurance, not all surety applicants can be bonded.
In the state of Texas, the amount of the surety bond required to sell motor vehicles is 25,000.00. Minimum. _PBishop
Most license & permit surety bonds will run an average of 1-3% premium depending on the type and bond amount however if credit is an issue they can get quite a bit more expensive. Contact me today to find out options to high premium such as co-signers and/or collateral.
it cost 12000
what is your monthly cost ?
You can apply for a Motor Vehicle Dealer bond through your local insurance agent or on the internet. You can run a seach for motor vehicle dear bond.Your Motor Vehicle Dealer License Bond cost is directly related to your credit and experience rates can start as low as $250 and go as high as $5000. You should know that unlike insurance, not all surety applicants can be bonded.Read more: How_much_25000_surety_bond
Obtaining a surety bond is normally very inexpensive. It should cost you around $200 or less for a years worth of coverage. Your general liability should also cost you around $900 or so for a year policy.