Louisiana School | $2,000 School Surety Bond
Also known as: school bond
Type of Bond
A Louisiana school bond refers to a type of municipal bond issued by a school district or local government in the state of Louisiana to finance capital projects or improvements related to education. These bonds are typically used to fund the construction, renovation, expansion, or repair of school buildings, facilities, and infrastructure. The purpose of a Louisiana school bond is to secure funding for educational projects that benefit students, teachers, and the community. The bond allows the school district to borrow money from investors, such as individuals or institutional investors, in exchange for fixed interest payments over a specified period. The specific details of a Louisiana school bond, including the bond amount, interest rate, and repayment terms, are determined when the bond is issued. The bond proceeds are typically used to cover the costs associated with the approved projects, and the school district is responsible for repaying the principal and interest on the bond according to the agreed-upon terms. Investors who purchase Louisiana school bonds are essentially lending money to the school district, and in return, they receive regular interest payments and the return of the principal when the bond reaches its maturity date. The interest payments are typically funded by property taxes or other revenue sources allocated to the school district. In summary, a Louisiana school bond is a municipal bond issued by a school district or local government to finance educational projects. It allows the school district to raise funds for capital improvements by borrowing from investors. The bond proceeds are used for school construction or renovation, and the school district is responsible for repaying the borrowed funds, including interest, according to the agreed-upon terms.
Program
The price you'll pay for your $2,000 School Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of $2,000 School Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
Application
The application process for a $2,000 School Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the School Bond Application process.
The Louisiana School Bond amount is currently set at $2,000.
Obligee Information
An obligee is the entity that is requiring you to have the School bond.
Obligee: State Of Louisiana Board Of Regents
Street: Po Box 3677
State: Louisiana
Zip: 70821
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!