Claims On Bonds If the principal does not fulfill the obligation under the bond, the obligee can make a claim against the bond. The surety company will step in to make the obligee whole. The surety company will then look to the principal for reimbursement of the loss and expenses incurred. It is important that the principal respond to the surety company's request for information in a timely manner in order to minimize the cost to all involved.
If the principal does not fulfill the obligation under the bond, the obligee can make a claim against the bond. The surety company will step in to make the obligee whole. The surety company will then look to the principal for reimbursement of the loss and expenses incurred. It is important that the principal respond to the surety company's request for information in a timely manner in order to minimize the cost to all involved.
Toll Free Surety Bond Hotline© (877) 723-4224
