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Capital markets
coverage line

Surety bonds

Commercial lines

Three-party credit instrument; the surety expects to recover from the principal.

Settles
indemnity
Rated
per 1,000 liability
Plans
0
Policies
0
Market rows
0
surety
All linesMarket data

How it pays

Settlement
Each adjusted loss pays net of the deductible, up to what is left of the limit; the policy stays active until the limit is used up.
Perils
non_performance
Asset
cre8/insurance/line/surety
Want
cre8/insurance/line/surety*{limit}

Rating dimensions

DimensionRated byRestriction
Industry or NCCI class codelevels
Annual revenuebands
Insurance credit tierlevelsBanned for personal auto in CA, HI, MA, MI; limited elsewhere
Limit of coveragebands

Filed plans

No pool has filed a plan for this line yet.

Policies

No policies written on this line.

Market observations

Nothing synced for this line. An operator runs Insurance.MarketSync to read a source.

Sources

SourceAccessSyncedMeasures
XBRL frames: premiums earned and claims incurredopen APIyesNet premiums earned and policyholder benefits incurred for every filer, one calendar year