Upcoming Renewals – Jan 1st, 2020

Post by – Joe Allen – Upcoming Renewal – January 1st, 2020 $25,000 Minnesota Pipe Laying Surety Bond ✯Instant Issue✯ Application If you have any new accounts needing a quote or current accounts being non-renewed, give us a call today! Contact CCI Today! Have a completed submission from another market? Send it over! Simply email […]

Commercial Bond News and Renewals – 10/22/2019

Post by – Joe Allen – Upcoming Bond Renewals – 12/31/2009 Illinois ✯Designated Agent✯ ✯Residential Mortgage License✯ Indiana ✯Mortgage Broker✯ Louisiana ✯Motor Vehicle Dealer✯ Michigan ✯Mortgage Loan Originator✯ Montana ✯Motor Vehicle Dealer✯ Nebraska ✯Collection Agency✯ ✯Motor Vehicle Dealer✯ ✯Motorcycle Dealer✯ ✯Wholesaler✯ Oklahoma ✯Motor Vehicle Dealer✯ Texas ✯Comptroller✯ Market Update CCI Surety now has the capability […]

Commercial Bond Updates – MN

Post by – Joe Allen – Minnesota Post Secondary Surety Bond Update New schools that have been granted conditional approval for degrees or names need to provide a surety bond. This will allow them the opportunity to apply for and receive accreditation under Minnesota Statutes section 136A.65, subdivision 7. The sum of the bond is […]

Market Update – FL FRO & FL 660 License Bonds

Post by – Joe Allen – $100,000 FL Financially Responsible Officer (FRO) Bonds CCI Surety, Inc. now has the ability to quote FL FRO bonds with NO CREDIT CHECKS and NO INDEMNITY! FL Construction Industry 660 License Bonds CCI Surety, Inc. now has the ability to quote FL Construction Industry 660 License Bonds with NO INDEMNITY and starting […]

Commercial Bond Updates & Renewals

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? […]

SBA Program Limit Increase

Post by – Joe Allen – Effective August 19, 2019! The SBA has increased the size standards for their Surety Bond Guarantee Program! Previous limits: GC/Heavy Highway – $36.5MM Specialty Trades – $15MM New Limits: GC/Heavy Highway – $39.5MM Specialty Trades – $16.5MM SBA Quick Program – $400,000 and Under     Large Contractor Program – […]

Upcoming Renewals for $75,000 BMC-84 Bonds

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 & […]

Why am I being required to obtain a Bid Bond? Performance & Payment Bonds?

Post by – Joe Allen – Why am I being required to obtain a Bid Bond? A bid bond provides financial protection to an owner if a bidder is awarded a contract but fails to sign the contract or fails to provide the required performance and payment bonds. Bid bonds also help screen out unqualified […]

Contractors Outside of “Sticks & Bricks”

Post by – Joe Allen – Contractors Outside of “Sticks & Bricks” CCI Surety, Inc. has the ability to bond more than just “sticks & bricks” construction. We can bond a wide variety of contractors, many of which are being declined only due to the type of work they perform. Some include: *Trash Removal* *Janitorial* […]

Subdivision Bond Programs

Post by – Joe Allen – In addition to bid and performance & payment bonds, CCI Surety also has strong options on many other types of bonds including subdivision bonds. We compete when your contractor is declined due to their credit and/or financials, receives collateral offers, or cannot obtain approval for the size of bond they are […]