How much does a Surety Bond Underwriter make in Massachusetts? The salary range for a Surety Bond Underwriter job is from $70,396 to $86,843 per year in Massachusetts. Click on the filter to check out Surety Bond Underwriter job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.
Most surety bonds never have a claim made against them, and the principal is ultimately responsible for paying the surety back for any money paid to a claimant.
December 22, 2021
The good news is that even if your underwriting process results in a higher premium, there are still ways to get a surety bond fast and for an affordable price.
December 22, 2021
Made against a surety bond are completely avoidable, and can only be made if the bonded principal breaks the agreement set forth in the bond.
December 20, 2021
The surety writes bonds with the assumption that the policy will not be used, and so the premium is based on the likelihood of a claim being made against the applicant’s bond, as well as the applicant’s ability to fully reimburse the surety.
December 19, 2021
There are also different ways an underwriter can minimize the surety’s risk on a riskier bond and still approve it.
December 13, 2021