Refunds

Steve asked this on October 08, 2018 in Surety Bonds

What happens if we purchase bond and end up not needing it. Are there any situations were a refund can be given?

Jon answered this on October 09, 2018

Steve,

Whether a refund is available depends on the actual surety company who writes the bond. However, first-term premiums are typically considered to be fully earned, meaning they cannot be refunded. Feel free to contact us at 1 (800) 308-4358 for more information. Thank you for your interest in SuretyBonds.com!