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Tony

Glendale, CA

#35 Apr 1, 2012
Im trying to get my auto brokers license wondering if I need a bond for that?

Since: Apr 12

Kailua Kona, HI

#37 Apr 27, 2012
will wrote:
I just got a quote for a surety bond for California (which requires 50K) and they are asking for $2,000 to cover a full year. This is my first bond.
Is this a good deal? I'm thinking about applying elsewhere but I don't want a thousand people pulling my credit.
I have good credit so I'm wondering what you guys are paying in California or elsewhere for your bonds. Any help is appreciated!
Will
Hi there i know its been since 2007 but i could get you a 50k bond for $1450
wow

Dawsonville, GA

#38 Apr 27, 2012
No wonder people can't afford to live in California. I got my 30k bond here in Ga for $200 for 2 years.
Surety Bonds

Clearwater, FL

#39 Jun 26, 2012
Almost all MVD bonds are based on credit and history of claims for the state. For instance, a person with great credit in California ($50,000 Bond) will pay much more than a person with great credit in NC ($50,000 Bond).

MVD bonds range so greatly with credit that in most states, it is impossible to obtain a quote without pulling credit. Also, make sure your credit remains in good status. Most companies will pull your credit again at renewal.

For dealer bond application
www.absolutesurety.com/application

Since: Jul 12

Gainesville, GA

#41 Jul 18, 2012
Tony wrote:
Im trying to get my auto brokers license wondering if I need a bond for that?
You will need either a retailer bond or a wholesale dealer bond, depending on the number of cars that you sell per year. Wholesale dealer bonds are $10,000 bonds and are for 10 cars or less per year. We can issue both the wholesale and dealer bond for you. www.ezbondsonline.com
Mikek

San Diego, CA

#44 Mar 7, 2013
My dealership is experiencing a hard financial time and I owe my floorplan company some $$. Do they qualify to file a claim against my bond?. I have not violated any dmv laws.

Since: Feb 12

Location hidden

#45 Mar 7, 2013
Mikek wrote:
My dealership is experiencing a hard financial time and I owe my floorplan company some $$. Do they qualify to file a claim against my bond?. I have not violated any dmv laws.
As long as you have not participated in any fraudulent activity, they do not qualify to file a claim on the bond. The surety bond is not meant to protect creditors from normal business risk.

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