The premium for any surety bond is actually a percentage of the total bond volume. It is set over the underwriting system, determined by the principal's creditworthiness and the danger connected to the bond. Insignificant updates have been also completed early in 2017. The categories of licenses transitioning to ESBs https://mobilewebpage.net/en/all-articles/what-is-a-surety-bond-understanding-the-basics-of-surety-bonds-and-bond-insurance