What is a Registration Service Bond (CA)?
Posted: July 21, 2021
A Registration Service Bond (CA) is a surety bond demanded by companies certified by CA Motor Vehicle Department Occupational Licensing Div. to engross in the registration process, proprietorship transfers, registration renewals, and other associated CA Motor Vehicle Department. What Protection Does Registration Service Bond Provides? The Registration Service Bond shields the bondholder and state of California from damages that may arise from the bonded principal’s...
Why Choose Defective or Certificate of Title Bond (CA)?
Posted: July 21, 2021
A Defective Title Surety Bond or Certificate of Title Bond is demanded by the Registration Division of the CA Motor Vehicle Department. What Purpose Does the Bond Serve? Your car or vehicle may require a title when you need to sell or discard it. If you lately purchased a car and do not possess a title or the title has been misplaced or damaged, you...
What Is a Contractor's License Bond (CA)?
Posted: July 21, 2021
If you reside in California, you must be aware that all contractors are required to acquire a California Contractor State License Board. The reason is that all the candidates need to post the contractor bond before they receive the license. What is a Contractor Bond Application? Unlicensed contractors are not required to hold the contractor’s bond. So, customers cannot enjoy security from the bond insurance...
An Overview of Tax Preparer's Bond (CA)
Posted: July 21, 2021
A tax preparer’s bond is licensure or permit necessitated by the tax professionals to become a registered tax preparer. Hence, when you acquire the tax preparer’s surety bond, you are required to operate the business as per the provisions of the California Business and Professions Code. Particularly, these bonds safeguard an individual from principal misstatement, falsification, fraudulence, and other illegal acts or blunders. The tax...
Business Income Coverage vs. Business Interruption Insurance: What's the Difference?
Posted: July 19, 2021
Protecting your business with insurance is essential. It starts with understanding what each type of business insurance covers. Business income coverage and business interruption insurance are terms often used interchangeably – but is there a difference? All business insurance policies vary in what they cover. You may have access to a policy that protects repairs to a facility, damaged inventory, and lost income, or you...
