What is the purpose of a bond payment claim if the surety bond company uses tactics to avoid payment? Is a lawsuit the only way to get paid?
While it is rare for surety bond companies to intentionally avoid payment, there may be situations where disputes arise over the validity or amount of a claim. In such cases, the obligee may face challenges in obtaining payment. However, it is important to note that not all surety bond companies engage in tactics to avoid payment. https://www.myfloridaaccess.me/
You’ll pretty much need to file a lawsuit. They owe you a timely response, but don’t expect anything in less than 30-60 days.
Don’t forget that will listen to the contractor’s side of the story as well as yours.