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:
West Virginia Division of Motor Vehicles requires all auto dealers in the state to post a surety bond before conducting business. This bond acts as a contract between the dealer, surety company and the state. The bond assures that the dealer won’t harm the buyer with illegal activity such as but not limited to:
Pricing of an auto dealer bond depends on the applicant’s personal credit and industry experience. With excellent credit, you can receive a rate as low as 0.5%.
In the state of West Virginia, all used auto dealers must post a bond at: $25,000.
No matter your credit position, Bonding Solutions has innovative programs allowing our clients and agents to receive industry-low rates on auto dealer bonds. Contact a surety expert today
Surety bonds are required by the state of West Virginia to ensure consumer’s safety. If the operating auto dealer conducts business illegally, a claim can be made against their surety bond. Posting this bond, the motor vehicle dealer agrees to operate a business according to West Virginia’s Statutes and applicable laws.
Obtaining a motor vehicle dealer bond does not have to be complicated. Bonding Solutions makes it simple. Start by completing an easy two-minute application or you can speak with one of our bonding experts. After we receive the required information we will give a free quote on your auto dealer bond. Finally, you pay for the bond then we will email and ship it to you the same day.