BMC-84 Bond Renewal Yes, this page is a retread! We’ve been writing these bonds at competitive rates for over ten years now! What started out as an expensive and hard to place bond 10 years ago, evolved into a rate driven competitive bond market. In recent years however, some markets have pull back out of […]
Post by – Joe Allen – As 2020 comes to an end (FINALLY!), many of your clients will have bond needs that don’t quite fit into your standard carrier’s appetite. CCI Surety can help with all of your hard-to-place contract and commercial surety needs! Performance & Payment bonds ✯ Bid bonds ✯ Reclamation bonds ✯ Subdivision bonds ✯ Supply bonds ✯ Maintenance bonds ✯ ERISA bonds ✯ Motor Vehicle […]
Post by – Joe Allen – New Year, New Bond Needs Michael Williams CCI Surety, Inc. Aimee Henard The Main […]
Post by – Joe Allen – Upcoming Renewals: *BMC-84 Bonds – October* *IL Plumbing Contractor License Bonds – September 30th* *AL Auto Dealer Bonds – September 30th* *AL Fundraising Bonds – September 30th* Updates: *AL Auto Dealer bonds will be increasing to $50,000 effective 10/1/2020* Contact CCI Today! Have a completed submission from another market? […]
Post by – Joe Allen – $75,000 BMC-84 Bonds Many $75,000 BMC-84 bonds will be up for renewal in the coming months. If you have any clients with new or non-renewing bond needs, let us know! Our experienced staff is ready to help with all your commercial bond needs! *ERISA* *Motor Vehicle Dealer* *Wage & Welfare* *License & […]
BMC-84 Bonds – Claims and Other Factors Freight Brokers were required to increase their bond size to $75,000. Initially these bonds were expensive and very difficult to place. Multiple factors have changed in the last few years and some Freight Brokers are looking to return to the industry after deciding to forego the more difficult […]
$75,000 BMC-84 Bond – New Company 1 Page Application – No Financials Required Last fall, the FMSCA increased the bond requirement for BMC-84 Bonds from $10,000 to $75,000. The original deadline to acquire the bond was October 1st, 2013. During that time many freight brokers rushed to their insurance agents to place these bonds […]
New $75,000 BMC-84 Bond As the dust settles on the October 1st BMC-84 Bond rush, we are now into the next phase where sureties are now in a position to potentially back date bonds in order for Frieght Brokers required to obtain the to be in compliance with the new regulations. The new $75,000.00 bonds […]
