AmeriPro Surety Bonds provides new and renew surety bonds for licensed for-profit legal service contract companies.
Below, we explain what this surety bond is all about.
A for-profit legal services contracts company is a company which is contractually obligated to provide legal services for another company, the latter of whom has obtained the contract to provide legal services for their employees or consumer.
In Texas, for-profit legal services contract companies must be licensed.
Licensing and regulations for these companies are handled by the Texas Department of Licensing and Regulation (TDLR).
According to §953.101 of the laws which govern Texas for-profit legal service contract companies of the, the amount of surety bond required by the TDLR is to be calculated as follows:
A Texas for-profit legal service contract bond is required by the state to protect the consumer from fraudulent, illegal, or harmful acts committed by this type of company, its owners, managers, or employees in the course of their business duties.
This surety bond, then, only protects others from wrongful acts of a licensed for-profit legal service contract company; it does not protect the company itself at all.
The price of this surety bond will be a very small percentage of the overall bond amount.
The price – also known as “the premium” – you will pay for the bond will be determined by two simple factors:
AmeriPro Surety Bonds will always work to find you the best pricing for this and any Texas surety bond required, regardless of your credit history.
Applicant companies for the licensing with TDLR will be required to complete the following to:
Our goals for you at AmeriPro Surety Bonds are simple:
We want to:
To that end, AmeriPro Surety Bonds has one focus: Surety bonds.
Our surety bond-only agency provides license and permit, contractors, court, and fiduciary bonds throughout Texas.
We also provide surety bonds nationwide.