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South Carolina Has New Mortgage Loan Originators Bond Requirements: Requires mortgage loan originators to comply with the new bonding requirements enacted in 2009... Read More
South Carolina Mortgage Loan Originators Must Be Bonded: Required to post a bond in an amount ranging from $50,000 to $150,000... Read More
 

South Carolina Water Well Drillers Bond

Also known as Well Drillers Bond, Water Well Bond, Water Well Contractors Bond

The Surety Group has a new surety bond program designed exclusively for South Carolina water well drillers. The required bond amount is $25,000. We've made everything easy: the application, the underwriting, the approval. And there's more.
 
  • No Spousal Indemnity
  • No Personal Financial Statements
  • Your Water Well Drillers Bond Approved Today
PROGRAM RATES/BOND AMOUNTS REQUIREMENTS
Preferred Package





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* $285.00 / $25,000
** $485.00 / $25,000

$50.00/each additional driller
  • Minimum Equifax score 750
  • Excellent net worth
  • In business over 5 years
  • Own a home
  • No bankruptcies, lawsuits, tax liens or surety losses
Standard Program





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* $535.00 / $25,000
** $910.00 / $25,000

$125.00/each additional driller
  • Minimum Equifax score 675
  • Excellent net worth
  • In business over 3 years
  • Own a home
  • No bankruptcies within last 10 years and never caused surety losses
Traditional Program





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* $1035.00 / $25,000

$200.00/each additional driller
  • Minimum Equifax score 625
  • Good net worth
Non-Traditional Program





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Call us for details
  • New in business or less-than-perfect credit
If you do not see a program/plan that fits your needs, we have others available. Call to learn more.
*One Year Rate
**Two Year Rates

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