I had a tenant who had a Surety bond with Assurant for the security deposit, but they are getting out of the business and are not renewing any of their policies. 

I personally think its a bubble.

Just because you found licensed and bonded AC contractor that has a lower price doesn't mean you found a reputable one that will do the job properly.

Most of us underestimate property taxes (I did too).

Simply put, more buyers for the bonds = lower rates.

I appreciate both your responses!

What you'll see though is the bond markets (which control mortgage rates) are influenced heavily by inflation expectations. 

Interest rate rates follow more of the 10 year treasury in the bond market.

The insurer could decide it doesn't make economic sense to spend the money to defend, lose, and have to pay the loss anyway.As far as bonding, unless the estate has limited its claim to the value of the property and not the title itself, I doubt you can bond the claim off. 

I just had some done for $2500.00 with material/labor.