I need a business bond how often do I pay ... Monthly yearly?

ScoTT Demick asked this on May 21, 2017 in Surety Bonds

I'm not sure what business bond falls under the question below.

Danielle answered this on June 29, 2017

Hello Scott,
The answer to your question depends on the exact type of bond you need. Most bonds needed for licensing purposes run concurrently with the business license and renew on an annual basis, but each obligee (entity that requires the bond) has its own rules and requirements for bond. Again, to answer your question we'd need to know the exact type of bond form needed. Please give our team a call at 1 (800) 308-4358 for further assistance with this request.