I am wondering about the cost of a bond. Specifically, if I want to purchase a bond for a million dollars, how much would it be? I'm looking for the specific amount or a general estimation.
6 answers
StarlitFantasy
Mon Oct 28 2024
For a bond amount of $500,000, the annual premium cost for excellent credit holders is estimated to be between $2,500 and $15,000, while those with average credit will pay between $15,000 and $25,000.
CryptoProphet
Mon Oct 28 2024
The annual premium cost estimates for surety bonds vary based on the bond amount and the credit score of the applicant.
Ilaria
Mon Oct 28 2024
For a surety bond amount of $75,000, individuals with excellent credit (675+) can expect to pay between $375 and $2,250 annually.
Silvia
Mon Oct 28 2024
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RobertJohnson
Mon Oct 28 2024
Those with average credit (600-675) for the same bond amount will likely pay between $2,250 and $3,750 annually.