APPRAISAL MANAGEMENT BOND

Appraisal management businesses are required by state statutes to secure a bond in order to qualify or renew their registration. The appraisal management bond provides financial guarantee that licensed companies will fulfill their duties and uphold the laws regulating appraisal management industry in their state. When necessary, the appraisal management bond reimburses those who are damaged by companies that fail to do so.

ALCOHOL BOND – LIQUOR BOND

Alcohol bond also known as Alcohol Tax Bond or Liquor Bond is required of principals in order to obtain or maintain a license to manufacture, sell or warehouse alcohol for both beverage and non beverage purposes. The bond guarantees compliance of licensees with Federal and /or State regulations overseeing such industry.

ARC BOND

An airline reporting corp. surety bond is required by travel agents to guarantee payments for airlines tickets. The ARC bond guarantees that money collected by the travel agency for tickets sold by the agency will be forwarded to the proper airlines. The airline reporting corp. bond is not required by the state, however it is required by a private Obligee. The ARC Bond is Similar to a Seller of Travel Bond.

ATHLETE AGENT BOND

An athlete agent surety bond is required by municipalities, states and federal government in order for persons to be an acting agent who represents Athletes.

AUCTIONEER LICENSE BOND

The auctioneer surety bond or auction company surety bond is a state requirement as part of their license to transact business. Auctioneer bond is for the benefit of any persons damaged by the failure of the auctioneer or auction company to provide services while performing an auction. Auctioneer bon or auctioneer company bond protects persons from fraud, dishonesty, or misrepresentation of an auctioneer or Auction Company or its agents, representatives, or employees. The auction bond may take on different name in different states, counties or cities.

BROKER BOND

Broker bond is a general term used to describe many different types of brokers. These bonds are required by individual states or the federal government. A Freight Broker bond, also called ICC bond is required by the Interstate Commerce Commission in order to legally operate as a transportation broker. Other names for this bond are BMC-84, Freight Broker Surety Bond, and a Property Brokers Surety Bond. While a mortgage broker bond and Insurance broker bond are required by state governments as part of their license application to do business in that state and to ensure they operate per the states rules and regulations.

CARE FACILITIES BOND

Care facilities bond are state required and protects patients money held by facilities that are taking care of them. The bond varies according to the type of facility and care.

CIGARETTE TAX BOND

Cigarette tax bond is required by states of distributors and sellers of cigarettes to insure payment of collected taxes to the state.

COLLECTION AGENCY BOND

Collection agency bond is required by the state to guarantee that collection agencies follow the state rules and regulation pertaining to their industry.

CUSTOMS BOND OR U. S. CUSTOMS BOND

Importers are required by the U. S. Customs and Border Protection (CBP) to post a customs bonds to cover the financial obligations for importing merchandise into the U.S. There are numerous types of customs bonds most common, Delivery Bonds and Consumption Entry Bonds.

ENCROACHMENT BOND

Encroachment Bonds are required by municipalities, cities, counties or state of contractors performing construction work on private property that might approach the jurisdiction of a public land. This type of bond guarantees that as a result of the principal's work on private property, principal will not materially affect the condition of the adjacent public property or will restore public property back to the shape and condition prior to encroachment.

Note: Some Obligee uses special encroachment bond form. The amount of bond is determined by the public entity requiring the bond.

ENVIRONMENTAL SPECIALTY BONDS

These bonds are considered difficult risks by many surety companies. Due to our relationship with our companies, we can extend bonding capabilities to our clients so they can achieve their target objectives.
  • Environmental Remediation Bonds
  • Reclamation Bonds
  • Landfill Closure and Post-Closure Bonds
  • Oil and Gas Plugging Bonds

EXCESS SIZE AND WEIGHT BOND

Excess Size and Weight Bonds are bonds required by municipalities, states, and federal governments as part of special permits issued by the Department of Transportation for the movement of vehicles or loads exceeding statutory limitations. Excess Size or Weight Bonds are for payment of any damage sustained to the highway due to the movement of the vehicles or loads. Excess Size and Weight Bonds comply with state statutes, laws, ordinances and regulation.

The Excess Size and Weight Bond will indemnify the Highway Department of a State for any damage caused to property due to the carrying of excess loads or the excess sized trucks and trailers. This Excess Size and Weight Bond will also indemnify any damages caused to the roads due to overloading or too big or length trucks or trailers. This bond helps to claim highway department damages from persons responsible for or have caused the damage.

FARM LABOR BOND

A Farm Labor Bond is required by entities or persons supplying workers for the production of crops or reforestation of lands. The Farm Labor Bond guarantees payment of wages and money due farm laborers only. The bond also guarantees compliance with labor codes and payment of damages sustained by any person as a result of noncompliance with Labor codes by Labor contractors.

FUEL TAX BOND

Fuel Tax bonds are financial guarantee bonds where the Fuel tax bond guarantee the payment of collected taxes during the course of business to states and federal government. This includes any penalties and interest if accrued.

HEALTH CLUB BOND

State laws require health clubs to be post and maintain a health club bond as part of their license application and renewal. The health club bond protects members or consumers in case the health club absconds with their prepaid membership dues.

HOME DEALER BOND

Some states require manufactured mobile home dealers to acquire a home dealer bond to guarantee the dealer will operate according to state statutes and rules and regulations.

HIGHWAY USE BOND

The Highway Use Bond is required by municipalities, states and federal governments for utilization of highways by entities engaged in contractor business activities. Highway Use Bonds protects highways from damage sustained because of the operation of machinery or equipment used b y contractors. These bonds comply with underlying statutes, state laws, ordinances and regulations, and contractors must have in order to operate contractors business activities on any public highway.

IMMIGRATION CONSULTANT BOND

The immigration consultant bond is required by the Secretary of State to protect any person damaged by any fraud, misstatement, misrepresentation, unlawful act or omission, or failure to provide the services of the immigration consultant or the agents, representatives, or employees of the immigration consultant while acting within the scope of that employment or agency. The State of California Secretary of State requires Immigration Consultants to post a $50,000 California Immigration Consultant Surety bond payable to the people of the state. The bond protects any person who suffers financial loss due to fraud, misstatement, misrepresentation, unlawful act or omission, or failure to provide services required of the immigration consultant.

LEGAL DOCUMENT ASSISTANT BOND (LDA)

A legal document assistant (LDA), also commonly known as "document technician," "legal document preparer," "legal technician," "online legal document provider" and "legal document clerk". AN LDA is an experienced professional who is authorized to prepare legal documents for a client, but only at the direction of the client. In the United States LDA's are non-lawyer persons authorized to assist with the preparation of legal documents, similar to a paralegal. Unlike a paralegal who works under the supervision of an attorney, an LDA can work and provide services directly with the public. An LDA In other words, is there to assist the "self-help" client handle their own legal matters without the cost of an attorney. Those formerly known as Independent Paralegals are now officially known as Legal Document Assistants (LDAs).

LIQUOR TAX BOND

Liquor tax bonds are required by state governments to guarantee that if the licensee did not or unable to pay to the State (Obligee), the taxes collected from liquor sales, the liquor tax surety bond will pay accordingly.

LOST INSTRUMENT BOND

A bond required for issuing a duplicate instrument (stock, notes titles etc.) and protect against loss to issuer should the original is found and cashed.

LOST TITLE BOND

A bond may be required by DMV or Tag and Title office to register a lost, stolen or misplaced title.

LOTTERY AND LOTTO BOND

A lottery bond or lotto bond can also be referred to as lottery machine bond, and is a surety bond that is required by the state for any facility with a lottery machine. A lotto or lottery bond guarantees that storeowners will properly operate state owned lottery machines. The state considers proper use of a lottery bond machine to include that the lotto sales person will make prompt payments, and the lottery machine owner will properly use the machine to prevent misuse or fraudulent activity of the state's lottery system.

MONEY TRANSMITTER BOND

Many state governments require money transmitters to obtain a money transmitter bond to guarantee they will operate in accordance with the terms their license. This bond is also known as money remitter bond.

MORTGAGE BROKER BOND

A mortgage broker bond or mortgage bond is a surety bond that guarantees that mortgage brokers will adhere to the rules and regulations of the state in which they are licensed in. Most states require a mortgage broker to file a mortgage broker bond with their license applications to ensure they operate per the states rules and regulations. If you operate in more than one state please understand that each state has its own set of rules and regulations that must be adhered to, thus requiring a separate bond for each state. Mortgage broker bonds are under the category of license bonds.

MORTGAGE LENDER BOND

A mortgage lender bond, mortgage banker bond, or finance lender bonds all fall under the category of Mortgage bonds. These bonds guarantee that a licensed mortgage lender or banker will adhere to state mandated rules and regulations where they operate. Some states have similar requirements regarding mortgage lender bonds and mortgage banker bonds. While the same bond forms can be used for both mortgage lender and banker bonds, most states have a requirement for mortgage lenders to have larger surety bonds. Please call us regarding your states requirements. Most states require mortgage lenders to post a license bond to guarantee compliance with state's specific rules and regulations.

PATIENT TRUST BOND

A patient trust bond ensures that the facility will not mismanage patients' funds held within the trust. Patient trust bond is also known as Medicaid surety bonds or Medicare Bonds. They are required of entities that provide healthcare to their patients at home or within the facility itself.

PAYDAY LOAN BOND

Payday loan bonds are licensed bonds required to be filed with some state licenses. The bond guarantees that the payday loan business will perform its duties according to the rules set forth by their state.

PRENEED FUNERAL BOND

Preneed or prepaid funeral surety bonds help to protect the public from funeral homes that do not uphold to the agreements for funerals or burials as required by state regulators.

PRIVATE INVESTIGATORS BOND

A private investigators bond protects the party requesting the bond (Obligee) against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of private investigator.

PUBLIC ADJUSTER BOND

The public adjuster bonds or insurance adjuster bonds are required by states governments to guarantee the work of insurance adjusters and their performance according to the laws of the state where the work is being performed.

PUBLIC OFFICIAL BOND

Public officials are usually elected officials, they are held to standard of highly ethical and truthful execution of their jobs. The public official bond is for the protection of the taxpayers should the public official fails to execute their duties according to these standards.

SALES TAX BOND OR TAX BOND

A Sales Tax Bond promises that merchant will pay sales tax to their state government which they collected from sales of merchandise to the public. The sales tax bond will pay should the merchant fails or incorrectly report sales taxes to the state.

SECURITY GUARD BOND

A security guard bond is required by states as part of a licensee application. The bond guarantees the faithful and honest conduct of security guard business while securing and protecting people against the wrongful acts of others.

SURPLUS LINES BROKER BOND

A Surplus Lines Broker Bond guarantees the insurance broker will operate within the rules and regulations set forth by the governing body. If a bonded broker were negligent, those harmed can file a claim against the bond.

TALENT AGENCY BOND

A title agent bond or title agency surety bond is a type of license bond that is required of title agents by some states to legally operate. The title agency bond guarantees to the consumers that if the title agent or agency renders or fails to render its services properly there is a financial protection to the consumer. Depending on the state the title agency is located; a fidelity bond will be required to be filed as well.

TITLE AGENCY BOND

Title Agent bonds are required by some states for a title agent to legally operate. Some states will require a fidelity bond to be filed as well. These bonds protect consumers against the title agent un-faithful conduct of his business as required by his state rules and regulations.

TOBACCO BOND

A tobacco bond or cigarette tax bond is a financial guarantee that may be required of tobacco manufacturers and distributors to guarantee payment of taxes to state governments. The cigarette bond guarantees that the seller of tobacco will comply with governmental regulations in handling and sale of tobacco products per their states requirements. Each state has their own regulations and requirements for tobacco bonds or cigarette tax bonds so please call us for specific inquiries.

USED CAR DEALER BOND

Used car dealer bonds also known as auto dealer bond, DMV bond and MVD bond. The bond requirements vary by state based on the business operation.

UTILITY BOND

A Utility Bond is a financial guarantee bond. It guarantees the principal will pay utility bills in a timely fashion.

VEHICLE VERIFIERS BOND

A vehicle verifier bond is required by the state licensing divisions of persons whose job is to verify vehicle paperwork and documentation. The bond guarantees the verifier will not cause loss to the state or any persons from his acts as a verifier. For example the state of California requires a $5,000 vehicle verifier bond.

WASTE TIRE HAULERS BOND

Persons or entities applying to become waste tire haulers are required by some states to post a waste tire hauler bond in order to engage in the transportation of waste tires. For example the state of California and Colorado requires a $10,000 waste tire hauler bond.

WAGE AND WELFARE BOND

Wage and welfare bonds, also known as union bonds, union wage and welfare bonds, welfare bonds, wage fund bonds are a financial guarantee of an employers' contribution to welfare funds, including the faithful payment of union dues and benefits for a specific local. A separate bond is required for each union, as each union has their own specific bond form that is required.
 

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