If you missed your renewal period and your bond has been canceled, there are a few ways to service your account based on what market held your bond and what your timeline is.
Most markets will reinstate a bond canceled due to nonrenewal if the renewal premium is paid within 30 days of cancellation. However, any decision to accept renewal payment and reinstate a bond after cancellation is at the discretion of your underwriter. Depending on the situation, additional information or verified documentation might be required to approve reinstatement.
If too much time has passed since cancellation or there other issues with your account, you might need to purchase a brand new bond.
And Remember: Your renewal premium is locked in until your bond is canceled, which means your premium can change if you do not renew on time.
If you didn't renew a bond with us in time and need help renewing your bond now, call 1 (800) 308-4358 or email email@example.com. One of our friendly representatives will work with you to determine what your options are to ensure you maintain active bonding coverage.