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Surety Bond Blog

Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions.

Auto Dealer Bond Rates & Requirements

Texas Auto Dealer Bonds Texas Auto Dealer Surety bonds ( Rates from $250 / 2 years) do not protect the car dealer from any lawsuits, but it protects the consumer from fraud or misrepresentation by the auto dealer. Also known as a motor vehicle dealer’s bond, it guarantees compliance by the licensed dealer with state laws. Texas auto dealer bond is set at $50,000 and for...

Texas Notary Public Bond Guide

Notary Bond Guide Texas law requires all Notaries to purchase and maintain a $10,000 Notary surety bond for the duration of their 4-year commission. The Notary bond protects the Texas public against any financial loss due to improper conduct by an Texas Notary. The bond is NOT insurance protection for Texas Notaries but a protection for the consumer. Why Do I need a Notary Bond A...

California Contractor License Bonds Increase to $25,00

Effective January 1, 2023, the Contractors State License Board of California (CSLB) will increase a contractor license bond to $25,000 as detailed in Senate Bill 607. To meet this requirement, we will automatically increase all eligible in-force California contractor license bonds to $25,000 on January 1, 2023 via a blanket CSLB-provided rider. View the CSLB Industry Bulletin here. To maintain the principal's current California contractor license bond term(s), a...

Motor Vehicle Dealer Bonds Cost & Info.

Auto Dealer Surety Bonds are required by the State Motor Vehicle Department in order to obtain a motor vehicle dealer license, Dealer surety bond does not protect the car dealer from lawsuits, but it protects the consumer from fraud or misrepresentation by the auto dealer.  Auto Dealer Bond guarantee compliance with state laws and every state sets its own bond amount, period and expiration date. Auto...

Notary Bond - Texas Notary Bond

Texas Notary Public Texas law requires all Notaries to purchase and maintain a $10,000 Notary surety bond for the duration of their 4-year commission. The Notary bond protects the Texas public against any financial loss due to improper conduct by an Texas Notary. The bond is NOT insurance protection for Texas Notaries but a protection for the consumer. Texas Notary Bond Rate for $10,000 is Only ...