Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions.
Motor Vehicle Dealer Bonds Cost & Info.
Posted: October 8, 2022
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 $50/4yrs
Posted: August 21, 2022
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 ...
Auto Dealer Bond with Bad Credit
Posted: April 10, 2022
Auto Dealer Bond with Bad Credit History. It's possible to get a new and used car dealer surety bond with bad credit, but not all bonding companies will be able to approve you. Why? Because your personal credit is the main item that is considered when you apply for your auto dealer bond; it's used to get an idea of your likelihood of triggering bond...
BMC-84, $75,000 Freight Broker Bond Info.
Posted: March 24, 2022
Our economy heavily relies on truckers to transport vital necessities such as food and clothing. Freight brokers are required to maintain a $75,000 surety bond with the FMCSA (Federal Motor Carrier Safety Administration) under Title 49, U.S.C. 13904. As of October 1, 2013, the freight broker bonds amount increased from $10,000 to $75,000 to comply with the MAP-21 bill. Also referred to as a BMC-84...
What is a Conduct Surety Bond?
Posted: February 5, 2022
Texas Conduct Surety Bond is required by the Texas Alcoholic Beverage Commission (TABC). In 1935, when the sale of alcoholic beverages was legalized in the state, the state was faced with building an entire framework for the distribution of alcoholic beverage products. From that the TABC was born. Conduct Bond, TABC Bond, This bond is necessary in order to obtain a permit to sell alcoholic beverages, and...