3 tips on getting bonded for HVAC construction
Tip No. 3: Use a nationally recognized managing general underwriter
Many bonding agencies need to submit your bond request to another company because they’re not a managing general underwriter. When you work with a bonding agency that is a MGU, you can cut out the middleman.
An MGU that works with many surety companies will be able to get the best deals for everyone, including those who have bad credit. An additional benefit of an MGU is a faster approval process, since they underwrite your bond in-house, which can save valuable time. So, do your research before choosing a bond agency.