What are typical fees and minimum terms for obtaining Movement Guarantees through surety providers?

Movement Guarantee premiums typically start at a £1,000 minimum annual fee, regardless of the guarantee amount requested. Members report significant variation in pricing and terms depending on the underwriter.

**Specific quotes members have received:** - **AON** (contact: james.ellison@aon.co.uk, underwritten by Aviva) — £1,000 minimum annual premium with £20k minimum surety requirement - **HCC through Nationwide Sureties** — quoted fees described as "way over" expectations, specific amount not disclosed - Anonymous provider — quoted £1,500 for a £2,750 guarantee over two years

**Key observations:** - The £1,000 minimum fee applies even for smaller guarantee amounts (e.g., £20k) - Two-year terms appear available but pricing varies significantly - Members recommend shopping around, as quotes vary substantially between providers

**Caveat:** The sample of quotes is small and anecdotal. Pricing likely depends on your business profile, guarantee amount required, and underwriter appetite. Getting multiple quotes from different brokers is essential.