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INS3258 Individual Surety Bail Bond License RenewalContinuation - insurance ohio

INS3258 Individual Surety Bail Bond License RenewalContinuation - insurance ohio 2025

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The document is an application form for the renewal or continuation of an Individual Surety Bail Bond License in Ohio. It includes sections for demographic information, background questions regarding criminal history and administrative proceedings, and a certification statement by the applicant. Additionally, it outlines the continuing education requirements for resident bail bond agents and specifies necessary attachments and fees for processing the application.

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Click ‘Get Form’ to open the INS3258 form in the editor.
Begin by checking the appropriate box for the license requested: Resident or Non-Resident. Fill in your Ohio License number and identify your home state if applicable.
Complete the Demographic Information section, including your National Producer Number (NPN), last name, first name, date of birth, and residence address. Ensure all fields are filled accurately.
Provide your business information, including entity name, address, phone number, and email. If applicable, list any agency affiliations in the designated section.
Carefully answer all Background Questions. If you answer 'Yes' to any question regarding convictions or administrative proceedings, attach the required documentation as specified.
In the Applicant’s Certification and Attestation section, read carefully and sign to certify that all information is true and complete.
Finally, ensure you include all necessary attachments such as payment for fees and any supporting documents before submitting your application.

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How much does a surety bond cost in Ohio?

The cost of a surety bond in Ohio depends on the type of bond and the applicants credit. A standard bond, like a $25,000 contractors bond, may cost as little as $100 per year for someone with good credit. Higher-risk applicants may pay more, but many sureties offer flexible underwriting options.

How much to renew an insurance license in Ohio?

How to Become a Surety Bail Bond Agent in Ohio Meet State Eligibility Requirements. Gain Industry Knowledge and Specialized Training. Complete Mandatory Pre-Licensing Education. Pass the Ohio Bail Bond Licensing Examination. Submit a License Application to the Ohio Department of Insurance.

How do I get a surety bond in Ohio?

How to Get a Surety Bond in Ohio Contact the obligee requiring the bond to determine which one you need. Submit a free online application with SuretyBonds.com. Well instantly review your application and provide a quote. Pay your bond premium and receive your bond immediately. Sign and file your bond with the obligee.

What is a surety bond in Ohio?

Ohio Producer Licensing Fees FeesPrice Resident Renewal Fee $0 (Major Lines), $25 (Limited Lines) Non-Resident Renewal Fee $25 Amendment Fee $10 (per LOA) Surplus Lines $1003 more rows

What is the main purpose of a surety bond?

Surety bonds help small businesses win contracts by providing the customer with a guarantee that the work will be completed. Many public and private contracts require surety bonds, which are offered by surety companies.

How to become a surety bail bond agent in Ohio?

Resident agents are required to complete 24 hours of continuing education to include 3 hours of ethics every two years. Title Agents are required to complete 12 hours of CE credits every two years, of which 10 are Title Specific and 2 Ethics.

What are the disadvantages of a surety bond?

Disadvantages of Commercial Surety Bonds Cost: While commercial surety bonds are generally more affordable than other financial guarantees, they still come with a cost. Businesses must pay a premium to obtain a surety bond, which can vary depending on the bond amount and the companys financial stability.

INS3258 Individual Surety Bail Bond License RenewalContinuation - insurance ohio 2025

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