Vehicle Registration Service Bond (California)
California vehicle 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 vehicle registration service bond form OL 605 must be executed by a surety company authorized to do so in the 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 provides the California vehicle 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 Vehicle Registration Service Bonds?
They are license and permit bonds required (depending on the state) by certain government jurisdictions. A registration service bond is bonding for either a business or individual that registers all kinds of vehicles with the state DMV 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 ensures they pay any associated fees due and that they do so in compliance with all applicable statutes and laws.
No matter what kind of bond you need, we can help satisfy your bonding needs and put your business in a position to be successful and competitive. People prefer working with bonded businesses because they are viewed 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. We can write all kinds of bonds and we work with some of the highest-rated carriers in the industry. And if you have less than perfect credit, we have access to so many programs, we can work with you to help get you the proper surety solution at the best available price.