Western National Insurance Surety

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The surety bond covers the municipality against financial harm but it is not insurance If a subcontract issues a claim against that payment bond the contractor who purchased the bond must repay the surety for any damages paid out.

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Will my surety bond credit pull affect my scores Credit pulls for bonds aren't as invasive as car payment or mortgage loan credit reviews Most of the time credit reviews for bonds only require a soft pull which means a minimal impact on your credit score for a short period of time.