Patrick J. Thomas Agency

Surety Bonds and Commercial Insurance
minnesota cars
Obtaining a Minnesota Bonded Title for Your Vehicle 1024 682 Patrick J. Thomas Agency

Obtaining a Minnesota Bonded Title for Your Vehicle

Have you lost your Minnesota vehicle title? Have you recently purchased vehicle that didn’t come with a title (only a bill of sale)? Did you inherit a vehicle from a relative in another state? There are many reasons why Minnesotans may find themselves without a vehicle title. Regardless of why…

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How to Report Vulnerable Adult or Elder Abuse in Minnesota 1024 682 Patrick J. Thomas Agency

How to Report Vulnerable Adult or Elder Abuse in Minnesota

If you have witnessed the abuse of an elderly person, a child or any other person who is deemed by the state of Minnesota to be a vulnerable (or protected) person, do not stand by and do nothing. There are ways in which you can report this abuse, whether it…

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Roadblocks to Choosing a Guardian or Conservator 1024 682 Patrick J. Thomas Agency

Roadblocks to Choosing a Guardian or Conservator

When you are choosing a guardian or a conservator, there are several initial considerations you must make. For one, you need to be able to trust the person to be able to faithfully and properly carry out the responsibilities of the position. You also want to make sure the courts…

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5 Court Bonds and What They Do 1024 682 Patrick J. Thomas Agency

5 Court Bonds and What They Do

Court bonds are a category of surety bonds that are generally required by the courts when a party is pursuing some type of action regarding to their case. While court bonds do not ensure a party will (or will not) take a certain action, these types of bonds do provide…

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What to Know About Power of Attorney in Minnesota 1024 682 Patrick J. Thomas Agency

What to Know About Power of Attorney in Minnesota

If you believe you may soon need to appoint someone to have Power of Attorney (POA), the first thing you should do is contact an attorney who can help you through the process of obtaining it. If you are looking to become more familiar with Power of Attorney in Minnesota,…

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3 Useful Documents for Minnesota Conservators 1024 621 Patrick J. Thomas Agency

3 Useful Documents for Minnesota Conservators

Preparing to become a conservator in Minnesota can be a long and unfamiliar process, but it becomes much easier once you learn a few basics and understand what will be expected of you. It’s not something most people are accustomed to, at first, but there are a few documents  you…

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What Are License Bonds and How Can You Obtain Them? 1024 682 Patrick J. Thomas Agency

What Are License Bonds and How Can You Obtain Them?

License Bonds are a type of surety bond that provide financial protection for businesses and individuals who provide a certain product or service that is purchased by the public. Like any form of surety insurance, license bonds are purchased by the person or company who will be providing the product…

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protections for vulnerable people
What Protections Are in Place for Protected Persons? 1024 768 Patrick J. Thomas Agency

What Protections Are in Place for Protected Persons?

Conservatorships and guardianships in Minnesota are set up specifically to provide much needed protection to protected persons. They are often used for people with disabilities, senior citizens, and any other person who is unable to handle financial decisions (which is where conservators come in) or living arrangements and medical decisions…

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indemnity agreement
What is a Surety Bond Indemnity Agreement? 1024 768 Patrick J. Thomas Agency

What is a Surety Bond Indemnity Agreement?

Indemnities are a common basis for commercial insurance contracts and surety bonds, which is why anyone who is seeking either form of protection should familiarize themselves with the term and what it means in regards to the contract they are signing.  What is indemnity? In contracts, indemnity is a form…

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law
Minnesota Passes Law Protecting Seniors From Fraud 1024 767 Patrick J. Thomas Agency

Minnesota Passes Law Protecting Seniors From Fraud

Late in July, a new law passed by Minnesota lawmakers took effect that equips financial professionals with new tools and protections that help them protect senior citizens and other vulnerable adults from fraud. The law was proposed by the Minnesota Commerce Department and garnered the support from senior advocacy groups…

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