Maryland Solicitors | $25,000 Solicitors Surety Bond
Also known as: solicitor bond
Type of Bond
A Maryland solicitor bond is a type of surety bond that may be required for individuals or businesses engaged in solicitation activities within the state of Maryland. The bond serves as a financial guarantee that the bonded solicitor will conduct their solicitation activities in compliance with applicable laws and regulations. The purpose of the bond is to protect the public and ensure ethical business practices in solicitation activities. It provides assurance that the bonded solicitor will adhere to the rules and regulations set by the Maryland Division of Securities or other relevant regulatory authorities. By obtaining the bond, the solicitor agrees to abide by the requirements and guidelines established by the regulatory authority. This may include registering as a solicitor, providing accurate and truthful information to potential clients, avoiding fraudulent or misleading practices, and complying with solicitation disclosure requirements. If the bonded solicitor fails to meet their obligations or violates the terms of the bond agreement, a claim can be filed against the bond. This allows individuals or regulatory bodies to seek financial compensation for any damages, losses, or non-compliance issues resulting from the solicitor's actions. The bond amount for a Maryland solicitor bond is typically determined based on the requirements set by the regulatory authority. It may vary depending on factors such as the nature of the solicitation activities, the type of products or services being offered, and the specific bond requirements in Maryland. Solicitors should consult with the Maryland Division of Securities or a surety bond provider to understand the specific bond requirements applicable to their activities and to obtain the necessary bond coverage.
Program
The price you'll pay for your $25,000 Solicitors 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 $25,000 Solicitors 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 $25,000 Solicitors 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 Solicitors Bond Application process.
The Maryland Solicitors Bond amount is currently set at $25,000.
Obligee Information
An obligee is the entity that is requiring you to have the Solicitors bond.
Obligee: The State Of Maryland Office Of The Secretary Of State ;
Street: State House
State: Maryland
Zip: 21401
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!