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How Much Does Surety Bond Cost

There is not a set formula for determining the cost of a surety bond. Each bond differs in its guarantee and surety bond amount. In addition to the amount of the surety bond and its guarantee, underwriters will look at the applicant’s credit history, net worth and experience to determine the cost of surety bond. Depending on the bond, the underwriter may need to see personal and/or corporate financial statements to determine the surety bond price.

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