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Expert Author Michael Weisbrot's Articles

 
  • Re-evaluating Surety Bond Underwriting
    Surety bonds are suppose to be underwritten with a 0% loss ratio. There are no funds for claims built into the premium of traditionally underwritten surety bonds. This standard is obviously impossible to achieve on a consistent basis.
  • Mortgage Broker Bonds For Pennsylvania
    The Pennsylvania mortgage broker bond is one of the most difficult mortgage broker surety bonds to obtain an approval for. Learn why mortgage brokers are having such a tough time getting approved for this common risk.
  • Surety Bond Shopping Tips
    When shopping for a surety bond, one must consider more than just the cost. There are many factors that you should consider when researching where to place your surety bond needs.
  • Surety Bond Bulk Discounts
    Think you will get a discount for obtaining multiple surety bonds? Think again. Surety bonds are really a form of credit, and as you make use of it bonding companies will be more hesitant to write additional bonds for you.
  • Commercial Surety Bonds: Getting The Best Rate (Part 2 of 2)
    In the first installment of this two part series we learned what bonding companies look at when underwriting a surety bond. In this second installment we will go over what an applicant can do to become less of a risk and in effect lower their rate.
  • Surety Bonds Are Not Property
    People often mistake surety bonds for insurance. While there are many similarities there are probably even more differences between the two.
  • Commercial Surety Bonds: Getting The Best Rate (Part 1 of 2)
    There are many factors that a surety looks at when underwriting commercial surety bonds. Learn what the bonding companies review and how to become the lowest risk possible so you can obtain the lowest surety bond rate.


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