We are a surety only agency that thrives on creating an unbeatable client experience! Our industry leading bond volume allows us to create programs that can be tailored to each individual client, getting them their bond faster at the cheapest cost! Below are a few reasons our clients love to work with us:
A Mississippi designated agent bond holds the vehicle dealer responsible for adhering to state licensing laws and statutes (found in the Mississippi Motor Vehicle Title Act). If a dealer harms the state, public or others by violating licensing laws and statues, a claim can be made on the bond up to the full bond amount. The Mississippi Motor Vehicle Licensing department requires designated agents to post a $15,000 surety bond.
Get started by reaching out to one of our knowledgable agents or by filling out our online application.
Generally, these bonds are issued at 0.5% – 1% annually. They are considered instant issue bonds and are easily underwritten and issued. Get started by filling out our online application.
Mississippi Designated Agent Bond – $15,000
A Mississippi Designated Agent Bond assures the public, state, and other parties that a licensed dealer will adhere to state laws and licensing regulations. If someone is impacted by a bonded dealer’s unethical behavior, they can make a claim against this bond surety bond. the dealer is responsible for repaying the surety if bond claims are paid.