Wreckers License Bond | Surety Bond
Wreckers License Bond ApplicationType of Bond
The Wreckers license bond indemnifies the municipalities against any loss for personal injury or any damage to the property arising from the wrecking operation. Before issuance of wrecker’s license, the Obligee requires that the applicant should have a surety bond on file. Any person who has sustained any loss or damage due to fraud, carelessness, negligence, violation of the terms of the bond, misrepresentation may sue the wreckers company for recovery of funds.Program
Program: Our agency currently has several specialty programs that can help you place your Wreckers License Bond.
Wreckers License Bonds are an extension of credit, like a loan your rate will be based upon your credit situation. Most surety agencies will decline your bond submission if you don't have a 700 credit score, but our company is different. We can help you in almost any credit or financial situation. Our rates start at 1% to 3% for most surety bonds. If your credit has taken a beating the rates start at 4% to 25%.
Always check with the "Obligee" for details
Application
Our application process for a Wreckers License Bond is easy. You can apply for the Wreckers License Bond Application .
Find this bond for another stateObligee Information
An obligee is the entity that is requiring you to have the Wreckers License.| State | Surety Bond type | Bond Amount | Obligee | More info |
|---|---|---|---|---|
| Illinois | Wreckers Bond | $20,000 | City Of Chicago | Illinois Wreckers Bond |
| License Permit | Wreckers License Bond | License Permit Wreckers License Bond | ||
| Minnesota | Wreckers Bond | $10,000 | City Of Minneapolis Minnesota Regulatory Services | Minnesota Wreckers Bond |
| Nevada | Wreckers Bond | $50,000 | Occupational And Business Licensing | Nevada Wreckers Bond |
| Oregon | Wreckers Bond | Oregon Department of Transportation | Oregon Wreckers Bond | |
| Washington | Wreckers Bond | $1,000 | State Of Washington | Washington Wreckers Bond |