Surety bonds for permitted work are required to protect the public and/or the regulatory agency issuing the permit. See details on permit bond renewal here.
Certain bonds have a variable bond limit and may need to be reviewed by a Jet underwriter before the bond's renewal premium can be offered. Read how that process works at Jet.
There are two different processes when it comes to renewing a larger bonding requirement: Monthly versus Annual. Let’s break down how renewal works in either case.
Surety bonds purchased on annual terms need to be renewed to continue working as a licensed professional where your license or registration is issued.