Fort Myers, FL (PRWEB) January 12, 2013
All Florida contractors license applicants for active or change of status must demonstrate financial responsibility to the Florida Department of Business and Professional Regulation in order for the license transaction to occur. For those applicants with a credit score of less than 660 (FICO derived), this can be done in the form of a surety bond in favor of the Construction Industry Licensing Board.
Smith Insurance & Bonds provides surety bonds to contractors. The surety bond program specific to the Florida contractors construction license $10,000 & $20,000 surety bond to comply with DPBR for applicants with credit score less than 660, has undergone a rate revision to benefit those in need of the bond whose credit score is trending in a positive direction and has passed the 600 point.
In addition to the rate revision, the underwriting process is extremely easy, fast and convenient. "Clients can call our toll free 866-976-2185 number, provide a few pieces of information, and within a couple hours we can have a firm price for the bond. Majority of the time the bond can be delivered the next day via Fed Ex. We understand contractors and make it as easy on the client as we can," explains Matt Smith, President of Smith Insurance & Bonds.
Smith Insurance & Bonds is an independent insurance and surety bond agency based in Ft Myers, FL., specializing in the placement of contract (bid, performance and payment) bonds as well as commercial surety and insurance products.