Artisan Bonding’s BMC-84 Rate Programs
Artisan Bonding & Insurance Services is a leading surety agency brokerage licensed in all 50 states and is a wholly-owned subsidiary of Pacific Financial Association. The BMC-84 is a $75,000 surety bond. Surety bonds are typically paid for on an annual basis as a percentage of the total bond amount. Underwriting and determining the annual premium for these types of bonds may involve several factors: personal credit, business financials, industry experience, cash on hand, and home ownership.
Typical Competitor’s BMC-84 Pricing Structure
In general, other surety providers base the bond premium ranging from 2.5% to 12% of the bond amount.
Excellent Credit & Experience
Lower Credit & Experience
Poor Credit & Lack of Experience