A Guide to the Electronic Filing of Surety Bonds
Viking Bond Service Blog
by Viking Bond Service
1y ago
The surety bond industry entered a new era at the start of 2016 when the transition from paper-based bonds to electronic bonds began. Like most other information that has gone from analog to digital over the previous decade, the effect of electronic surety bonds has been revolutionary for all involved. In this blog, we will explain how electronic surety bonds work, highlight what makes them better, and show any reader how to (electronically) obtain the surety bond they need. What is an Electronic Surety Bond? An electronic surety bond is exactly the same as a paper-based bond in every way exce ..read more
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Payment Bonds vs. Performance Bonds
Viking Bond Service Blog
by Viking Bond Service
1y ago
If you are a contractor that works in the construction industry, surety bonds will be a big part of your career. Many jobs, whether for residential, commercial, or government clients, will require you to get a surety bond before any work starts. And that’s not the case for just one bond – it’s for many types of surety bonds.  Getting the right bonds in a timely manner is of huge importance for contractors trying to find projects and win out over competitors. Understanding the obligations that come with those bonds is equally important. Surety bond requirements exist for a reason, and they ..read more
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How to Become a Private Investigator in 4 Steps
Viking Bond Service Blog
by Viking Bond Service
1y ago
If you have patience, persistence, and a perceptive eye for detail, you may thrive as a private investigator. There are ample opportunities in locations across America to find work as a private investigator through either an agency or on an independent basis. This work can be interesting, challenging, ever-changing, and lucrative too. And while the life of a private investigator may not be quite as exciting (or dangerous) as crime novels would make it seem, it is a rewarding career choice for many people.  The guide below covers how to become a private investigator. Plans to fulfill all t ..read more
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How to Get Bonded for a Cleaning Business
Viking Bond Service Blog
by Viking Bond Service
1y ago
How to Get Bonded for a Cleaning Business If you run a cleaning business, there’s a chance that one of your employees will steal from a  residential or commercial property where they are cleaning. If and when that happens, the client will expect the cleaning company to take responsibility for the employee’s actions by offering to pay for the lost property and any other damages. So what next? Paying for employee theft can create an unexpected (and often significant) cost for your company, one that could put your budget and bottom line in jeopardy. To plan for this unfortunate but common ri ..read more
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How to Get a Car Dealer’s License
Viking Bond Service Blog
by Viking Bond Service
1y ago
A career as a car dealer can be interesting, secure, and lucrative too. But if you want to become a car dealer in any of the 50 states, you will first need to obtain a license. Anyone who sells more than a few vehicles – as little as 3 or 4 in some states – will need to become a licensed motor vehicle dealer to continue selling vehicles. It’s illegal to sell vehicles without an auto dealer license and subject to strict penalties, including being restricted from ever getting a license in the future. Therefore, anyone who hopes to start a career as a car dealer needs to make getting a license th ..read more
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How to Become a Public Adjuster in 4 Steps
Viking Bond Service Blog
by Viking Bond Service
1y ago
A job as a public adjuster could lead to a long and fulfilling career. Before you are legally allowed to work as a public adjuster, however, you need to meet some steps required by the state you plan to work in. You must meet these steps before becoming a public adjuster – there’s no alternative – so it’s very important to understand what’s involved. We will cover the steps on how to become a public adjuster after a quick overview of the public adjuster profession.  What Does a Public Adjuster Do? A public adjuster works on behalf of someone filing a claim against their insurance coverage ..read more
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Can a Surety Bond Be Refunded?
Viking Bond Service Blog
by Viking Bond Service
1y ago
We often get questions about surety bond refunds. When people enter into a surety bond agreement, which is both legally binding and subject to certain costs, they want to know exactly what that agreement entails. Specifically, they want to know if you can cancel a surety bond, whether they can get a surety bond refund, and under what conditions. Those are all important details to understand, and we cover them in detail in this blog.  Situations Where You Might Want a Surety Bond Refund Most people obtain surety bonds because they are required to, either as part of the process to get a bus ..read more
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Does My Startup Business Need a Surety Bond?
Viking Bond Service Blog
by Viking Bond Service
1y ago
Opening a business means checking lots of different boxes to get your startup fully compliant with all local, state, and federal laws. One box you may need to check is getting a surety bond. Some businesses need them while others don’t. In this blog, we walk you through everything you should know about surety bonds and startups.  What Businesses Need a Surety Bond? Surety bond requirements can be imposed by cities, counties, states, or the federal government. They can also be included in any formal contract between two parties, and they are especially common in the construction industry ..read more
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How to Become a Car Dealer: Requirements & Cost
Viking Bond Service Blog
by Viking Bond Service
1y ago
Auto dealerships come in all shapes and sizes. Some are sprawling businesses with hundreds of vehicles on-site while others are tiny car lots with a few vehicles for sale. There are also auto dealers that sell vehicles independently without a permanent location. There are many options for how to become an auto dealer as well as compelling reasons to enter a market for auto sales and parts valued at over $343 billion.  Before you can work as an auto dealer, however, you will need to meet certain requirements and prepare for a few costs. In particular, you will need to obtain an auto dealer ..read more
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A Guide to the Electronic Filing of Surety Bonds
Viking Bond Service Blog
by Viking Bond Service
2y ago
The surety bond industry entered a new era at the start of 2016 when the transition from paper-based bonds to electronic bonds began. Like most other information that has gone from analog to digital over the previous decade, the effect of electronic surety bonds has been revolutionary for all involved. In this blog, we will explain how electronic surety bonds work, highlight what makes them better, and show any reader how to (electronically) obtain the surety bond they need. What is an Electronic Surety Bond? An electronic surety bond is exactly the same as a paper-based bond in every way exce ..read more
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