Frequently Asked Questions (FAQ)
Bond Amount is $50,000.00. Standard Rate is 1.000% per year; with a minimum premium of $100.00.
OHIO-AUCTION FIRM BOND
OHIO-AUCTION FIRM BOND – $50,000.00
Underwriting Details
This bond is set at Category 4 – Underwriter Review. Quote will be sent to underwriter for review.
Bond Amount is $50,000.00.
Standard Rate is 1.000% per year; with a minimum premium of $100.00.
Standard / Default term is 1 year.
A multiyear discount is not available.
A signed application is required.
Special Details
Special term end date until 06/30/XXXX.
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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.