Dealer Bonds
Auto dealer bond cost: the $50,000 figure isn't your bill
The $50,000 on a dealer bond is what the surety pledges, not what the dealer pays. Here is how the bond amount and the bond premium differ, with California and Texas rules.
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Posts tagged dealer licensing
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AutoDealersBond.com is operated by Shield Liability Insurance Agency, a California and Texas licensed insurance agency (CA License #6018195, TX License #3446536). Shield Liability Insurance Agency is not an insurance carrier and does not underwrite bonds or insurance policies. Bond and coverage availability, pricing, and issuance are subject to carrier underwriting approval, eligibility, applicable state requirements, and policy or bond terms. Availability varies by state.
