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The most common type of surety insurance is construction bonding, which insures that contractors will be able to complete a construction contract and pay their suppliers and subcontractors.
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The most common type of insurance for consequential or indirect losses is?
comprehensive insurance
What Is Premium Diversion?
Premium diversion is the embezzlement of insurance premiums. It is the most common type of insurance fraud. Generally, an insurance agent fails to send premiums to the underwriter and instead keeps the money for personal use.
What percentage of surety premiums taken each year are paid out in claims?
On average, insurance companies pay out about 60-70% of surety premiums in claims each year. The exact percentage can vary based on the type of surety bonds issued and the overall risk profile of the insurer.
How much is the surety bond?
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
Where would one apply for MI car insurance?
Most of the insurance companies provide MI insurance as well. These will include Progressive, Esurance, Geico, Triple A and many others. This is a common type of insurance that is covered.
What type of insurance do you need if you are starting an auto warranty company To cover the warranty in case you go out of business.?
Product Liability and General Insurance Liability and surety bonds with the states you underwrite in. Florida is the hardest state to sell warranties in.
What is the most common type of gecko?
Day gecko, leopard gecko and crested gecko
What is the most common type?
The most common blood type is O.
What type of insurance is most often prone to abuse?
definitly homeowners insurance is abused the most
Which bood type is the most common?
The most common blood type is the o+ blood type.
What are some optional extras to add to an Endsleigh home insurance plan?
One of the most common extras to add to an Endsleigh home insurance plan is phone insurance. This type of insurance covers mobile phones, compensating people who lose their phones or have them stolen.
What is the most common blood type and the most rare?
The most common blood type is A positive and the most rare is type O.
