California Registration Surety Bond
California Registration Service Surety Bonds are required by the Department of Motor Vehicles (DMV) for those wishing to offer the service of registering vehicles and performing other related services in California. This $25,000 registration service surety bond is required in accordance with California Vehicle Code Section 11401 to perform services typically offered by a DMV registration service, sometimes known as tag and title services.
A Registration Service Bond Form OL 605 must be executed by a surety company authorized to do so in that State. The bond shall run concurrently with the license period for which the license is granted and each and every succeeding license period or periods.
NFP Surety provides the California Registration Service Bond at a very affordable rate and will send it the day of your request. Please call us at 800-863-3210 for a free quote.
What are they?
They are L&P bond types. They are often required (depending on the state) by certain gov’t jurisdictions. A registration service bond is bonding for either a business or individual that registers all kinds of vehicles with the state dept of motor vehicles on behalf of their consumers. This surety bond type is important because it essentially guarantees that the consumer will register their vehicle. In addition, it makes sure they pay any associated fees due and it ensures that they do it in compliance with all applicable statues and laws.
No matter what kind of bond you need, we can help satisfy your bonding needs, and put your business in position to be successful, and competitive. People want to conduct business with bonded businesses, because people see them as more trustworthy. If you are not sure if this type of bond is what you need, then call our office, and we’ll point you in the right direction. There is no type of bond we can’t write. AND… we work with some of the highest rated carriers in the industry. AND… if you have less than desirable credit, its no problem. Because we have access to so many programs, we can work with you to help get you the proper surety solution, at the best prices around.