Bonding
Bond line is maintained through United Fire (A X)
Bonding capacity is $3,000,000
Due to our outstanding financial condition, our bond
rates per $1,000 of contract amount are as follows:
$100,000
$9.40
$400,000
$7.20
$2,000,000
$6.00
In terms of percent of contract amount, the above would be:
$100,000 0.94% (Less Than 1%)
$400,000 0.72%
$2,000,000
0.60%