Archive for November, 2015

Surety On The Rocks

Written by JoAnn Smith on November 13th, 2015. Posted in California, Contractor License Bonds, License and Permit Bonds, On The Rocks, On The Rocks, Surety Bond Blog

CALIFORNIA CONTRACTOR’S LICENSE BOND   Recently in the state of California there was an enforcement of the law that all contractors must be licensed and bonded. At this time it was reiterated to the clients the importance of hiring only contractors that have an active license and bond. You might question why you need to be bonded.  The bond is required to ensure that active, reactivated, and new licensed contractors have the ability to cover any damages your client might encounter as a result of poor construction.  It also ensures your employees are paid wages that they have earned. In California all home improvement jobs that will cost over $500 in labor and materials must be completed by a company with a state issued contractor’s license and therefore they must be bonded.  These jobs can not be divided up into smaller contract’s to bypass this law. At BuySurety.com we are able to get a contractor license bond quote quickly for you.  All we require is that you fill out an application on BuySurety.com and fill in your license number.  With a clean license, we can get a fair and competitive quote for you within a few business hours.  Requirements from the state are:
  • The bond must be written by a surety company licensed through the CA Dept of Insurance. – At BuySurety.com we only work with surety company’s that are licensed in all 50 states.
  • The bond must be in the amount of $12,500 – This will increase to $15,000 on January 1, 2016.
  • The business name and license number on the bond must correspond EXACTLY with the business name and license number on the CSLB’s records. – If it does not match exactly it is imperative that you contact the CLSB and make the proper changes before you purchase your bond.
  • The bond must have the signature of the attorney-in-fact for the surety company.
  • The bond must be written on a form approved by the Attorney General’s Office.
  • The bond must be received at the CSLB’s office within 90 days of the effective date of the bond. – In most cases we are able to file the bond electronically for you.
Apply here:  BuySurety
  The Spicy Spiked Cider
  • 1 part Cinnamon liquor – I prefer Fireball
  • 2 parts Apple Cider – Trader Joes offers a great cider this time of year
  • Apples and cinnamon sticks
  • Cinnamon and Sugar
  • Garnish with an apple slice

Instructions

Warm your apple cider on the stove.  Dip your glass in some simple syrup and rim with cinnamon and sugar.  Add you Fire ball and a couple chunks of apple to your glass.  Pour your warm cider over and garnish with an apple slice.  Perfect to enjoy on a cold fall night.  three drinks

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Surety On The Rocks

Written by JoAnn Smith on November 6th, 2015. Posted in Commercial Bonds, License and Permit Bonds, Motor Vehicle Bonds, On The Rocks, Surety Bond Blog

SURETY 101   If you are a first time bond purchaser, you may be asking yourself many questions?  If you are lucky, the person telling you to buy one will also give you a phone number or website information for a reputable bonding company.  That’s where we come in.  At BuySurety.com we will walk you through all of the steps and answer all of your questions.   A common question is “What is a Surety bond?”  A surety bond is a legal contract between yourself (the principal), a second party (the obligee), typically a government office or court depending on the type of surety bond needed, and a third party (the bonding company that issues the bond).   Another question is “What does a surety bond do?”  A Surety bond guarantees payment, the maximum payment is the bond amount, to the obligee for any damage or loss caused by the principal.   There are numerous types of surety bonds out there and we will work with you to find the exact type of bond you need.  Questions we may ask you are “Who is the obligee?”, “What is this bond guaranteeing?”,  “What do you need this bond to do?”,  “What is the amount you need to be bonded for?”, or “Do you have a bond form?”.  These questions help us identify your needs and make the process run smoothly.   Most surety bonds can be applied for and purchased within 24 hours.Apply Here
  Halloween Brew 1 part Pumpkin Pie Vodka 3 parts cranberry juice Splash club soda Build in order over ice in a tall highball glass and garnish with lemon or lime.three drinks

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