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What is a Motor Vehicle Dealer Bond?
A Motor Vehicle Dealer Bond secures that new and used car dealers comply with all applicable federal, state, and local laws. It guarantees the dealer complies with appropriate tax guidelines too!
Need a New York Motor Vehicle Dealer Bond?
Swiftbonds provides the best bond rates and service in the industry. We offer competitive pricing on all bonds with no hidden fees and we’ll never charge you for an application fee.
If you need a bond, please contact us at (913) 214-8344 or [email protected]. We will be happy to answer any questions you may have and help get you started with one of our many options today!
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Why is the New York Motor Vehicle Dealer Bond required?
Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Get a New York – Mortgage Loan Originator – Entity Bond.
How does a New York Motor Vehicle Dealer Bond work?
Getting a New York Motor Vehicle Dealer Bond means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. Read a New York – Public Adjuster's Bond.
How much does a New York Motor Vehicle Dealer Bond cost?
New York Motor Vehicle Dealer Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get a New York Motor Vehicle Dealer Bond with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Need a New York – Independent Adjuster's Bond.
How to get your New York Motor Vehicle Dealer Bond?
Would you like to know the first step in getting your New York Motor Vehicle Dealer Bond? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Here's a New York, NY Licensed Home Improvement Contractor ($20,000) Bond.