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Our bond underwriting system provides lightning-fast underwriting decisions for
miscellaneous commercial bonds up to $200,000. EDIN requires minimal
information — just enough for the system to run a credit check — and frees
agents from having to submit a report of execution.
Here’s all the information we’ll need:
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The type of bond
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The state the bond is being applied for
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The business name
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Up to two owners’ names
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The amount of the bond (the maximum in the EDIN system is $200,000).
EDIN will let you know the rate. After completing the application, you will
receive an approval, a declination, or a referral. If your application is
declined, EDIN will provide credit reporting agency information so you may
request a free credit report. If approved, the insured just needs to sign the
general indemnity agreement/approval sheet that prints out and fax or email it
to us. That’s it; you’re done!
Simple. Fast. Easy to use.
To find out more
Contact your local Penn National Insurance agent or call us at 800-388-4764
x6870. Or check out a demo of
our EDIN system.
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