South Carolina Service Contracts Bond

Service Contracts Bond
License & Permit Bonds
Price: $300
South Carolina Service Contracts Bond
The process of applying for a South Carolina Service Contracts Bond Surety Bond is a quick and straightforward process, typically taking only about five minutes from start to finish.


To purchase your South Carolina Service Contracts Bond simply click on the "Buy Now" button. You will then be guided through a brief set of questions. After which you'll pay online and sign using DocuSign. Your new surety bond will be signed and sealed as a full-color PDF document for printing.

Securing a South Carolina Service Contracts Bond surety bond is a commitment by principals to adhere to the stipulations of contractual and legal obligations.

Note: If the bond requires underwriting, it may take up to 24 hours.

Service Contracts Bond

The State of South Carolina
Service Contracts Bond

Surety Bond Details

State: South Carolina
Category: Service Contracts Bond
Class: License & Permit Bonds
Obligee: South Carolina Depart...
Amount: $25,000
Duration: Stated on Bond
Expiration: Stated on Bond

Cost: $300

The State of South Carolina
Service Contracts Bond
State:
South Carolina
Category:
License & Permit Bonds
Obligee:
South Carolina Department of Insurance
Amount:
$25,000
Duration:
Stated on Bond
Expiration:
Stated on Bond
 
SORPid: A-439

Instant Approval & Download!

Fast Checkout

Buy a bond in 5 minutes.

Instant Download

Many bonds are immediately available for download.

Free Quotes

We never charge for quotes.

Top Bond Carrier

Palmetto Surety is one of the nation’s top surety providers.

South Carolina Service Contracts Bond Details

A Service Contracts Bond is a type of bond that covers the cost to maintain and repair equipment, buildings, and other physical structures. These bonds are often issued by utilities, schools, and other governmental agencies to finance their infrastructure's maintenance costs.

A South Carolina Service Contracts Bond is a type of surety bond that is required for businesses in South Carolina that offer service contracts. This bond is required by the South Carolina Department of Consumer Affairs and acts as a form of protection for consumers who purchase service contracts from the business.

Service contracts are agreements between a business and a consumer where the business agrees to provide certain services or repairs for a specified period of time. These contracts often cover items such as home appliances, electronics, and vehicles. The purpose of the bond is to ensure that the business fulfills its obligations under the service contract and provides the services or repairs as promised.

The South Carolina Service Contracts Bond is required to be in the amount of $25,000. Any business that offers service contracts to consumers in South Carolina must obtain and maintain this bond. The bond provides financial protection for consumers in the event that the business fails to perform the services or repairs as outlined in the contract.

In order to obtain a South Carolina Service Contracts Bond, a business must work with a surety bond company. The surety bond company will evaluate the business's financial stability and creditworthiness to determine the premium rate for the bond. The premium is typically a percentage of the bond amount and is paid annually for as long as the bond is required.

Once the bond is in place, the business can advertise and offer service contracts to consumers in South Carolina. It is important for the business to fulfill its obligations under the service contracts and provide the promised services or repairs. If a consumer files a valid claim against the business for failure to perform, the bond can be used to compensate the consumer for any financial loss.

Obtaining a South Carolina Service Contracts Bond is a requirement for businesses in South Carolina that offer service contracts. This bond provides financial protection for consumers and ensures that businesses fulfill their obligations under the contracts. By obtaining this bond, businesses can demonstrate their commitment to customer satisfaction and build trust with their consumers.

The interest rate can vary depending on the bond being issued, but it generally offers a lower rate than bank loans or traditional bonds.

The annual payment for a Service Contracts Bond can range from $1 to $5 per month, depending on the agency and its needs.

Service Contracts Bonds are most commonly used in the utility industry but can also be used in public schools, government agencies, and other organizations.

Related Surety Bonds

Melanie L.
Melanie L.
Ashanti G.
Ashanti G.
Gaylon C.
Gaylon C.
Tonya R.
Tonya R.
Ainsford J.
Ainsford J.
Rapid Bail B.
Rapid Bail B.
911 Towing & Transport, I.
911 Towing & Transport, I.
Awesome company, employees, partners, and customers are a priority for this company would always recommend them first for any of your insurance needs.
Michael M.
Michael M.
Mildred Battle (Battle B.
Mildred Battle (Battle B.
rafael H.
rafael H.
Charles M.
Charles M.
A wonderful company that puts its agents first!
Jessica V
Jessica V
Tonio M.
Tonio M.
Bryant Bail B.
Bryant Bail B.
they provide great service to their agents, proud to be apart of their team.
Unshackle Me Bail B.
Unshackle Me Bail B.
David H.
David H.
great company
Carman R.
Carman R.
Palmetto Surety By Far Is The Best Insurance Company In The Industry For All Bail Bond Agents That Keep A High Standard.
Allison P.
Allison P.
Gershom F.
Gershom F.
Joe B.
Joe B.
Chelita Bail Bonds & Notary S.
Chelita Bail Bonds & Notary S.
Rhonda S.
Rhonda S.
Wyatt H.
Wyatt H.
love this company period!
dritan M.
dritan M.
910CountryLife
910CountryLife
Awesome staff, and very understanding. excellent agent support.
The Better B.
The Better B.
Very supportive, I have and would recommend this surety to anyone.
Liberty Bail B.
Liberty Bail B.
New year new start . LETS DO THIS!!
Jessy M.
Jessy M.
Yukisha Zellars (.
Yukisha Zellars (.
Made the dropBut the return outstanding PALMETTO
Crystal B.
Crystal B.
Great, friendly people, wonderful services!
Tasha T.
Tasha T.
Amy A.
Amy A.
Elicia D W.
Elicia D W.
They are so efficient!
Paul E.
Paul E.
ALL I WANT IS OUT BAIL BONDS V.
ALL I WANT IS OUT BAIL BONDS V.
Maury W.
Maury W.
Can not wait to bring in the NEW YEAR !!!
Mara H.
Mara H.
Sol H.
Sol H.
Talon Ridge H.
Talon Ridge H.
BEST SURETY COMPANY I HAVE EVER WORKED WITH. ALL STAFF ARE PROFESSIONAL AND KNOWLEDGEABLE.
Tameisha T.
Tameisha T.
A Sabrina's Bail B.
A Sabrina's Bail B.
I haven’t been with Palmetto Surety for very long but they are fast at responding & are always very helpful in any situation. I needed assistance over a weekend & they still answered their phones & made it happen for me. Solid company & a solid team, I’m happy to be part of this Palmetto family💪🏻💛.A Sabrina’s Bail BondsClearwater, FL
Felicia W.
Felicia W.
Drew T.
Drew T.
828 Bail Bonds A.
828 Bail Bonds A.
Palmetto Surety Corporation deserves a solid 5-star review for their outstanding service. They have played a pivotal role in helping countless agents and agencies here in North Carolina start, grow, and sustain their businesses. Scott, Donnie, Shanelle, and the entire team are truly top-notch.What truly distinguishes them is their unwavering professionalism and a track record of supporting local agents and agencies. Palmetto Surety Corporation goes above and beyond to provide a level of service that sets the industry standard.Palmetto Surety Corporation is the go-to choice for anyone seeking a reliable surety in North Carolina. Thank you, Palmetto Surety Corporation, for your invaluable assistance!
Rodney T.
Rodney T.
First time using the website and the staff is awesome in answering questions and walking you through anything
Luke A.
Luke A.
×
js_loader