Frequently Asked Questions (FAQ)
Bond Amount is $10,000.00. Standard Rate is 1.000% per year; with a minimum premium of $50.00.
CONNECTICUT-METROPOLITAN DISTRICT – CONTRACTORS BOND
CONNECTICUT-METROPOLITAN DISTRICT – CONTRACTORS BOND – $10,000.00
Underwriting Details
This bond is set at Category 1 – Instant Issue. Quote will be instantly approved and available for purchase.
Bond Amount is $10,000.00.
Standard Rate is 1.000% per year; with a minimum premium of $50.00.
Standard / Default term is 1 year.
A multiyear discount is available at 25% on subsequent years.
A signed application is not required.
Surety Bond Cost Breakdown — Get Approved and Pay Online in 2 Minutes. We are Surety bond producers and are business professionals who specialize in providing contract surety bonds to contractors.
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Execution Notes
Bond must have an original signed Attorney in Fact signature.
Filing Method
Executed bond must be filed with the obligee by agent/principal.