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BEA Insuring Companies
http://fugitiverecovery.com/forum/viewtopic.php?f=13&t=616		 Page 1 of 2
Author:  unit2 [ Fri 28 Jan 2005 14:40 ]
Post subject:  BEA Insuring Companies
Hello All,

First post and firstly i'd like to thank everyone for the valuable info your posted, it all helps. Hgunner also has helped off-forum and helped with the direction we are pursuing.

I have a question about the bond necessary to fulfill in order to become a licensed BEA in New York.

I have been to the Dept of Insurance homepage and have called several numbers they have listed as Bondsman insurance companies, but when i make a call to them; its almost as they dont understand what im asking for. :lol:

i express to them that im a certified BEA and that i need a bond in order to become a licensed BEA. They absolutely have no clue.

Does anyone have a link or a recommend list of agencies that i can contact for such a service. Again im in New York, certified BEA; looking to obtain a bond to then obtain a BEA license.

Thank You in advance..

Lenny
Author:  DMARTZ [ Fri 28 Jan 2005 15:35 ]
Post subject: 
Lenny,
What you are needing is a professional licensing bond, these folks can help you out.

United Surety Agents Inc.
5153 Shaceland Ave.
Indianapolis, IN 46226
Ph# 317-254-8721
Toll Free 1-800-467-2245
Fax# 317-254-1234
Author:  unit2 [ Fri 28 Jan 2005 17:44 ]
Post subject: 
DMARTZ wrote:
Lenny,
What you are needing is a professional licensing bond, these folks can help you out.

United Surety Agents Inc.
5153 Shaceland Ave.
Indianapolis, IN 46226
Ph# 317-254-8721
Toll Free 1-800-467-2245
Fax# 317-254-1234
I dont know whether to thank David or Diana :wink: eitherway thanks for the start, so i need a licensing bond. excellent. appreciate it.

Lenny

EDIT: it is David, thank you i didnt notice the different last name ..
Author:  unit2 [ Mon 31 Jan 2005 11:15 ]
Post subject: 
Ok,

Called the company that David suggested and they cant help because im in NY. They can only assist a Indiana BA. They couldnt recommend anyone either.

Is there any NY BEA that can refer me to an agency that can issue us a Professional Licensing Bond? Also what is the amount this bond should be in?

Thanks in advance
Author:  DMARTZ [ Mon 31 Jan 2005 11:34 ]
Post subject: 
Lenny,
This Company is in NY. This should help you out.

Bonds Express
1937 Teall Ave.
Syracus, NY 13206
1-800-331-5453
Website: bondsexpress.com
Author:  unit2 [ Mon 31 Jan 2005 11:40 ]
Post subject: 
David,
Thanks again.. Im confused, what kind of company should i be looking for? where are you getting these companies from?

Every company i call they have no clue what im looking for or they dont do this type of bonding. There is absolutely no info or guidance anywhere on who to contact for this service.

Lenny
Author:  DMARTZ [ Mon 31 Jan 2005 11:58 ]
Post subject: 
Lenny,
I have been a Private Investigator & BEA for 16 yrs i have looked up bonds & insurance to get prices for my own company.
Author:  unit2 [ Mon 31 Jan 2005 12:02 ]
Post subject: 
David,

The gentleman at that agency was a super help. But according to him, he has never issued a bond in the amount we were told was needed ($500,000). According to him, $10,000 is all that is necessary to bond for and submit to NY State and obtain a BEA license.

We have called so many people and no one has a definitive answer. Im reaching out at this point to anyone who is a LICENSED BONDED BEA in NY to please assist here.

Is this why everyone recommends not to work in NY as a BEA?

Thanks in advance..
Author:  DMARTZ [ Mon 31 Jan 2005 12:19 ]
Post subject: 
Lenny,
If you are talking to Bondsman they may require you to have $500,000 liabilty Insurance to give you any case's this is a common practice we have one company that requires one million dollar policy. We carry 3 million liability as we also do Body guard & EP work. I will see what i can find out for you for sure i can't belive that the NY Dept of insurance can not tell you what the fees are.
Author:  unit2 [ Mon 31 Jan 2005 12:27 ]
Post subject: 
DMARTZ wrote:
Lenny,
going by your State law it is a $10,000 bond plus your license fee, and test fee. If you are talking to Bondsman they may require you to have $500,000 liabilty Insurance to give you any case's this is a common practice we have one company that requires one million dollar policy. We carry 3 million liability as we also do Body guard & EP work.


David,

Mind if i contact you offline?
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