Bonding requirements

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Updated: 4/13/2007 7:48 am
One thing to consider when looking at moving companies is whether or not their employees are bonded. A bond is a type of insurance contract by which a bonding agency guarantees payment of a specified sum to an employer in the event of a financial loss caused by the act of a specified employee. A bond ensures that you will be protected from losses should an employee damage or otherwise cause harm to your possessions. When hiring movers, be sure to ask if their employees are bonded, and if they are in accordance with all bonding requirements. Bonding requirements may vary from area to area. Consult with a moving company or contact city government offices for more information.
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