bookmark_borderFarming Bonds

Hickoryridgefarms.org is now part of Alpha Surety Bonds.

We acquired hickoryridgefarms.org as we wanted to bring their expertise in house to our surety bond business. We do bonds across a ton of industries and realized that we needed more expertise for rural areas. So we searched around and found hickoryridgefarms and made them part of our family.

 

 

 

Welcome to Hickory Ridge Farms

Hickory Ridge Farms were located in lovely East Central Illinois. Here at Hickory Ridge we enjoy raising two varieties of miniature cattle for the hobby farm enthusiast.

We realize that some folks are wanting to raise their own beef, and some desire to produce their own milk and dairy products. Therefore we are dedicated to the development of the highest quality miniature milking and beef breeds.

White Parks are our ideal beef breed. Our preferred milking breed is the Jersey.

At Hickory Ridge we strive for excellence so that we may provide purebred cattle that give lasting value to our customers.

Hickory Ridge Farms

The finest miniature cattle for the hobby farms enthusiast.

Breeds

Our Breeds

Miniature Jerseys

In our journey to find the perfect family milk cow, we found everything that we could possibly want in our Miniature Jerseys.

Since Jerseys are known for having the highest butterfat content among the dairy breeds, their milk is ideal for various uses. From making your own butter, cheese, and ice cream to just simply enjoying a glass of wholesome goodness with family and friends, the Miniature Jersey will not disappoint.

Miniature White Parks

After raising a variety of beef cattle, we have been most impressed with the Miniature White Park.

Our herd of White Parks are consistently thickset, hardy and attractive to behold. Their smaller frame is ideal for the hobby farmer with limited pasture.

The finest miniature cattle for the hobby farms enthusiast.

bookmark_borderThe Importance of Surety Bond Verification

Why should you verify your surety bond?

A surety bond is a financial agreement between three parties: the principal, the obligee, and the surety. The principal is the party who needs to be insured, the obligee is the party who requires the insurance, and the surety is the company that issues the bond.

One of the most important reasons to verify your surety bond is to ensure that you are working with a reputable and reliable company. When you work with a bad actor, it can lead to all sorts of problems down the road. By verifying your bond, you can rest assured that you are getting what you expect from your bond.

Additionally, verifying your surety bond can help protect your business in case something goes wrong. If there is a problem with your bond, the surety company will be liable for any damages that occur as a result. This means that if something happens and you are unable to complete your obligations, the surety company will be responsible for making things right.

Ultimately, verifying your surety bond is an important way to protect yourself, your business, and your customers. By working with a reputable company, you can rest assured that you are getting the coverage you need in case something goes wrong. Make sure to take the time to verify your bond before entering into any agreement.

How can you verify your surety bond?

You can verify your surety bond by contacting the issuer of the bond and asking for a copy of the bond certificate. The bond certificate will list the name of the surety company, the amount of money covered by the bond, and the expiration date of the bond. You can also check with your local chamber of commerce or business licensing office to see if they have any information on the surety company that issued your bond. 

If you have any questions about your surety bond, you should contact the issuer of the bond directly. The issuer will be able to provide you with more information about the bond and how it can be used to protect your business.

What happens if your surety bond is not verified?

If you’re a business owner, you may be required to post a surety bond as part of your licensing or permit requirements. A surety bond is a financial guarantee that ensures your compliance with certain regulations.

If you fail to comply with the terms of your bond, your surety company may be required to pay damages to the party harmed by your actions. The surety company will then likely require you to repay them for any losses they incur.

If your surety bond is not verified, it could put your business at risk. If you’re found to be in violation of the terms of your bond, you could be subject to financial penalties or even have your business license revoked. Make sure you understand the requirements of your bond and take steps to ensure it is properly verified.

If you are required to post a surety bond, be sure to work with a reputable surety company. A good surety company will help you understand the requirements of your bond and make sure it is properly verified.

Surety bonds are an important part of doing business. If your bond is not verified, it could put your business at risk. Be sure to work with a reputable surety company to ensure your bond is valid and in compliance with all regulations.

Can I get a contract if my surety bond is not verified?

This is a question that many people have and it can be difficult to answer without knowing the specific situation. In general, though, most companies will not issue a contract to someone who does not have a verified surety bond. 

This is because the company needs to be able to trust that the person they are doing business with is financially stable and will be able to meet their obligations. If you do not have a verified surety bond, it may be worth considering finding a company that will work with you. 

There are many companies that are willing to work with people who do not have a verified bond, and they may be able to help you get the contract you need.

If you are unable to find a company that will work with you, there are other options available. You may be able to get a personal loan from a bank or other financial institution. This option may be more expensive than getting a contract through a company, but it may be the only option available to you. You should speak with your bank or other financial institution about this option and see if it is right for you.

In conclusion, it is possible to get a contract even if your surety bond is not verified. However, it may be more difficult and may cost more money. If you are having trouble finding a company that will work with you, you may want to consider other options such as getting a personal loan from a bank or other financial institution.

Contact us to know more about surety bonds!

bookmark_borderHow Much Does a Surety Bond Claim Cost?

How much does a surety bond claim cost?

Surety bond claims can cost a lot depending on the situation. If the surety company has to pay out a claim, it will likely raise rates for all of its policyholders. This can be costly for businesses, so it’s important to understand your responsibilities and take steps to avoid making a claim.

If you do have to make a claim, be sure to work with an experienced surety bond lawyer to get the best possible outcome.

Can surety claims be avoided?

There are some things you can do to help reduce your chances of having to make a claim on your surety bond. Here are a few tips:

  1. Make sure you understand the terms of your bond before you sign it. This includes understanding what is and isn’t covered by the bond.
  2. Keep accurate records of your business transactions. This will help you prove that you acted in good faith and weren’t negligent when it comes time to make a claim.
  3. Cooperate with any investigations that may take place. Sureties often conduct investigations into potential claims, so it’s important to be cooperative and forthcoming if contacted.
  4. Take steps to prevent losses from occurring in the first place. This includes implementing safety protocols and procedures, as well as taking other precautions to protect your business.

By following these tips, you can help reduce the chances of having to make a claim on your surety bond. If a claim does need to be made, however, remember to contact your surety immediately for assistance.

How can I avoid surety claims?

There are a few key things you can do to avoid surety claims:

  1. Make sure your projects are well-planned and organized.
  2. Make sure you have a clear understanding of the scope of work and contract terms.
  3. Make sure you communicate often and effectively with all project stakeholders.
  4. Make sure you have a strong risk management plan in place.
  5. Make sure you have a good working relationship with your sureties.
  6. Stay up to date on the latest surety trends and best practices.

Following these tips can help you avoid costly surety claims and keep your projects on track.

Why should you avoid surety claims at all costs?

When it comes to surety claims, you should always avoid them at all costs. This is because they can be very costly and time-consuming. In addition, they can also damage your relationship with your insurance company.

Here are some of the reasons why you should avoid surety claims:

  1. They can be very costly. Surety claims can be very costly, especially if you have to hire a lawyer. The legal fees can add up quickly, and you may end up paying more than you would have if you had just settled the claim yourself.
  2. They can be time-consuming. Surety claims can take a long time to resolve, which means that you will have to spend a lot of time dealing with the insurance company. This can be very frustrating, especially if you have other things that you need to take care of.
  3. They can damage your relationship with your insurance company. Surety claims can damage your relationship with your insurance company because they will likely be resentful of the fact that you had to file a claim in the first place. This can lead to higher premiums and less coverage in the future.
  4. They can be stressful. Surety claims can be very stressful because you will have to deal with the insurance company and the lawyers. This can be a lot to handle, and it may even cause you to miss work or other important commitments.
  5. They can be disruptive. Surety claims can disrupt your life because you will have to deal with the insurance company and the lawyers. This can be very disruptive, especially if you have other things that you need to take care of.

Surety claims can be costly, time-consuming, stressful, and disruptive. They can also damage your relationship with your insurance company. For these reasons, you should always avoid surety claims at all costs.

How can a surety claim affect you?

A surety claim is a legal action that can be taken by a surety company if you fail to make payments on a bond that you have purchased. This can have a serious impact on your finances and credit score, so it is important to understand how a surety claim works and what you can do to avoid one.

If you are having trouble making payments on a bond, be sure to contact your surety company as soon as possible. They may be able to work with you to find a solution that avoids a claim. However, if a claim is unavoidable, be sure to cooperate with the surety company and take any steps they ask you to take in order to protect their investment.

Failing to make payments on a bond can have serious consequences, so be sure to keep up with your payments and avoid a claim if at all possible.

Contact us to know more about surety bonds!

bookmark_borderHow to Choose the Best Surety Bond Agency

What makes a good surety bond company?

There are a few key things that make a good surety bond company. One of the most important is experience. The company should have a lot of experience in underwriting bonds and issuing policies. They should also have a good reputation in the industry, with a proven track record of being reliable and trustworthy.

Another important thing to look for is customer service. The company should be easy to work with and provide excellent support if you have any questions or problems. They should also be quick to respond to claims or requests for information.

Finally, it’s important to find a company that has competitive rates. You don’t want to overspend on your bond, so it’s important to compare rates from different companies before making a decision.

How can I find out if a surety bond company is legit or not?

If you’re looking for a surety bond company, it’s important to make sure that the company is legit and trustworthy. Here are a few tips for checking out a surety bond company:

  1. Check with the Better Business Bureau to see if the company has any complaints filed against it.
  2. Google the company name to see if any news articles or reviews come up.
  3. Ask around to see if anyone you know has worked with the company before.
  4. Read the company’s terms and conditions carefully before signing up.
  5. Contact the company directly to ask any questions you have about their services.

By following these tips, you can be sure that you’re working with a reputable and trustworthy surety bond company.

What are the things to consider when choosing a surety bond company?

When it comes to finding a surety bond company, there are several things you’ll want to keep in mind. Here are four of the most important factors to consider:

  1. Financial stability: This is perhaps the most important factor to consider when choosing a surety bond company. After all, you’ll want to be sure that the company you’re working with will be able to pay out on any claims that may be filed against your bond. Be sure to check out the financial stability of any potential surety bond companies before moving forward.
  2. Claims history: Another important factor to consider is the claims history of the company. You’ll want to be sure that the company you’re with has a good track record when it comes to paying out claims. This will help ensure that you’re not left high and dry in the event of a claim.
  3. Reputation: It’s also important to consider the reputation of the surety bond company you’re considering working with. After all, you’ll want to be sure that you can trust them to handle your business in a professional manner. Do your research and see what others have had to say about the company before making a decision.
  4. Service: Finally, don’t forget to consider the level of service that the surety bond company offers. You’ll want to be sure that they are responsive and easy to work with should any issues or questions come up down the road. Make sure to ask around and get some feedback from others who have worked with the company before making a decision.

When choosing a surety bond company, it’s important to consider all of these factors. By taking the time to do your research, you can be sure that you’re making the best decision for your business.

Do banks offer surety bonds?

Yes, banks do offer surety bonds. In fact, many banks have a section of their website dedicated to surety bonds. This makes it easy for customers to get the information they need and make an informed decision about whether or not a surety bond is a right option for them.

When it comes to getting a surety bond, there are a few things to keep in mind. First, be sure to research the company you’re considering doing business with. Make sure their reputation is good and that they have experience in the industry you’re working in.

Also, be aware of the cost of a surety bond. Surety bonds can be expensive, so you’ll want to make sure you need one before you purchase it.

Finally, make sure you understand the terms and conditions of the bond before you sign anything. This will help you avoid any surprises down the road.

Where is the best place to get a surety bond?

There are a few places you can go to get a surety bond, but not all of them are created equal. So, where is the best place to get a surety bond?

Here are some things to consider when looking for a surety bond:

-The cost of the bond

-The company’s financial stability

-The company’s reputation

-The amount of coverage the bond provides

When making your decision, be sure to weigh all of these factors and choose the option that is best for you.

Contact us to know more about surety bonds!

bookmark_borderHow to Get the Lowest Surety Bond Cost

How much does a surety bond cost?

There is no one definitive answer to this question, as the cost of a surety bond will vary depending on a number of factors. Some of the factors that will influence the cost of a surety bond include the amount of the bond, the credit rating of the entity being bonded, and the state where the bond is issued.

Generally speaking, however, the cost of a surety bond will range from around 1-3% of the total amount of the bond. So, if you need to secure a $100,000 bond, you can expect to pay somewhere between $1,000 and $3,000 for that bond. Keep in mind that these are just ballpark estimates, and the actual cost of a surety bond may be higher or lower depending on the specific circumstances.

If you’re looking to get a surety bond, it’s important to shop around and compare rates from different bonding companies. This can help you find the best deal and save money on your bond.

How can I get the best deal when buying a surety bond?

When you are in the market for a surety bond, there are a few things you can do to ensure you get the best deal possible. First, it’s important to shop around and compare rates from different providers. This will help you get an idea of what is available and how much it will cost.

It’s also a good idea to check with your local chamber of commerce or business association to see if they have any recommendations for reputable surety bond providers. Getting a recommendation from a trusted source can give you peace of mind that you’re getting a good deal.

Finally, be sure to read the fine print carefully before signing any contracts. This will help you avoid any unexpected fees or charges down the road. By taking these simple steps, you can be sure you’re getting the best possible deal on your surety bond.

What can be substituted for a surety bond?

There are a few things that can be substituted for a surety bond, depending on the situation. For example, if you are looking to get a loan from a bank, they may require collateral instead of a surety bond. 

This means that you would put up something of value (such as your home or car) in order to secure the loan, and if you default on the loan, the bank could seize the collateral. Another option is to get insurance that covers the same thing as the surety bond. However, this can be more expensive than simply getting a bond. 

Finally, some people or businesses may be willing to sign a personal guarantee, which basically says that they will be responsible for paying back any money that you default on. So, there are a few different options available if you need to find a substitute for a surety bond. Talk to your lender or insurance agent to see what would work best for you.

How much is a $15000 bond?

A $15000 bond is worth about $1500. This amount will change depending on the current interest rate. A higher interest rate will make the bond worth more, while a lower interest rate will make it worthless. Bonds are typically bought and sold on the secondary market, so their value may vary significantly from day today.

In general, however, a $15000 bond is worth about $1500.

Is a surety bond refundable?

Most surety bonds are not refundable. The premium you pay for your bond is considered earned once the bond is issued, and is non-refundable. There are a few exceptions to this rule, so it’s always best to check with your surety company to see if your bond falls into one of these categories.

Some surety bonds are refundable if the bondholder is not satisfied with the performance of the bonded party. These refunds are usually determined on a case-by-case basis. If you think that you may be eligible for a refund, contact your surety company to discuss your situation.

Refunds are also possible in the event of a bond’s cancellation. If the bond is terminated before it expires, the surety company may issue a refund to the bondholder. This depends on several factors, such as the amount of time remaining on the bond and the reason for its termination.

In most cases, however, premiums paid for surety bonds are non-refundable. Be sure to consult with your surety company if you have any questions about the refundability of your specific bond.

Contact us to know more about surety bonds!