If you have an active surety bond you may be wondering if and when it expires. While some bonds do not have an expiration date, others are only valid for a specific period of time. To keep your bond active, you will need to know how surety bond renewal works. In this post, we will examine the renewal requirements for different bonds and explain how the typical surety bond renewal process works for EZ Surety Bonds and other surety companies.
Surety bonds and insurance are often mistaken for each other. While they share some similarities, there are key distinctions between the two. In this post, we will examine the differences between surety bonds and insurance so that you can understand how each form of protection works.