Your exact renewal process depends on the requirements set by the entity that holds your filed bond (also known as the "obligee.") Don't worry, though, because we're always here to walk you through the renewal process and answer any questions you might have along the way.
As soon as you pay your renewal invoice, you'll immediately receive a receipt confirming your purchase for your bond's renewal term. Then, our team takes it from there!
Every bond form includes some technical legal language that explains how the renewal process works.
"Continuous," "Continuous Until Canceled," or "Continues Until Canceled" Renewal
Your obligee does not require any documentation or other renewal confirmation to verify your bond has been renewed. As long as you pay your renewal invoice on time, you're good to go! Since no paperwork or correspondence with the obligee is required, this is the easiest renewal process for both you and us.
Continuation Certificate Renewal
Your obligee requires you to file a document verifying your original bond has been extended for another term. Once you pay your renewal invoice, we will issue and deliver your continuation certificate to you. Once you receive your official continuation certificate by mail or email, you'll need to file it directly with the obligee. We never ship continuation certificates to obligees as we cannot guarantee their delivery.
New Bond Renewal
Your obligee requires a completely new bond be filed for every new term. Once you pay your renewal invoice, we will issue and deliver your new bond document set to you. Once you receive your new bond by mail or email, you'll need to file it directly with the obligee. We never ship bond form documentation to obligees as we cannot guarantee their delivery.
Continues Until Released
Your obligee requires your bond to remain in effect until they formally release you from the obligation. The official document provided by the obligee in these situations is known as a "release." You must continue paying to renew your bond with your market until your obligee provides formal release documentation.
With the exception of released bonds, if you do not pay your renewal invoice on time, your surety market will send an official notice of cancellation to your obligee.
If you need help finalizing your renewal purchase or filing your renewal documentation with your obligee, call 1 (800) 308-4358 or email email@example.com, and one of our friendly representatives will be happy to help.