{"id":957,"date":"2013-04-25T03:55:49","date_gmt":"2013-04-25T03:55:49","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=957"},"modified":"2017-01-03T16:20:36","modified_gmt":"2017-01-03T16:20:36","slug":"virginia-premium-finance-company-bond","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/virginia-premium-finance-company-bond\/","title":{"rendered":"Virginia Premium Finance Company Bond"},"content":{"rendered":"

A Virginia premium finance company bond<\/a><\/strong> is one of the statutory prerequisites of offer insurance premium financing services in the Commonwealth. \u00a0Pursuant to law, any person engaged in whole or in part in financing premiums for insurance on subjects of insurance resident, located or to be performed in the Commonwealth of Virginia shall be an insurance premium finance company and subject the Code of Virginia Chapter\u00a7 38.2<\/a>. \u00a0The Virginia insurance premium finance company bond<\/strong> is contemplated under\u00a0\u00a7 38.2-4708, (2.) The Commission is empowered to require an insurance premium finance company to enter into bond with surety approved by the Commission, in the amount determined as reasonable by the Commission<\/a>, and conditioned to protect its customers and the public in the manner required by law. \u00a0The Virginia premium finance company bond<\/strong> must be written in the amount of fifty thousand dollars and on form VAPF4<\/a>, provided by the Bureau of Insurance. \u00a0The surety bond obligation states that the Virginia insurance premium finance company bond<\/strong> shall be for the use and benefit of the Commonwealth of Virginia and for any person having a cause of action against the Principal arising out of breaches of the above-mentioned laws and regulations.\u00a0Virginia surety leader<\/strong>,\u00a0Surety One, Inc.<\/a>,\u00a0specializes in bonds for the insurance and financial services sector.\u00a0We will offer terms to ALL applicants for this bond class. \u00a0\u00a0We also offer superlative\u00a0fidelity bond<\/a>\u00a0coverages to protect against losses due to employee dishonesty.\u00a0Visit\u00a0SuretyOne.com<\/a>, call\u00a0(787) 333-0222<\/span>\u00a0or\u00a0(800) 373-2804<\/span>, or email\u00a0Underwriting@SuretyOne.com<\/span>\u00a0for a\u00a0Virginia premium finance company bond<\/strong>\u00a0application or information about\u00a0premium finance company bonds\u00a0in any state where you wish to obtain a license.<\/p>\n","protected":false},"excerpt":{"rendered":"

A Virginia premium finance company bond is one of the statutory prerequisites of offer insurance premium financing services in the Commonwealth. \u00a0Pursuant to law, any person engaged in whole or in part in financing premiums for insurance on subjects of… Continue Reading →<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[139],"tags":[1199,1198,1197,1200],"yoast_head":"\nVirginia Premium Finance Company Bond • Surety One, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/virginia-premium-finance-company-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Virginia Premium Finance Company Bond • Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"A Virginia premium finance company bond is one of the statutory prerequisites of offer insurance premium financing services in the Commonwealth. \u00a0Pursuant to law, any person engaged in whole or in part in financing premiums for insurance on subjects of... 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