We offer the following surety bonds in the state of Virginia:
The licensing process requires that Appraisal Management Companies purchase a surety bond of $100,000 ensuring that they will function in agreement with all federal laws.
Depending on the verbiage used, a $25,000 surety bond would protect consumers from fraud committed by mortgage professionals, such as tacking on unnecessary additional fees.
A $50,000 surety bond can ensure that those selling conduct business in compliance with the vehicle code. This bond guarantees that your clients are protected should you break the rules of the vehicle code.
As a public adjuster, a $50,000 posted bond is needed to make sure you adhere to state guidelines.
In order to obtain a license to work, agents must receive a $200,000 surety bond which says they are responsible for compensating any consumers due to fraudulent or wrongful work on their end.