Oregon Wreckers | $25,000 Wreckers Surety Bond
Also known as: wreckers and movers bond, motor vehicle wrecker bond
Type of Bond
An Oregon Wreckers Bond is a type of surety bond required by the Oregon Department of Transportation (ODOT) for licensing of tow truck operators. The bond provides financial assurance that the wrecker service will comply with all applicable OR state laws and regulations. The bond is required to be in the amount of $25,000 and must be issued by an insurance company licensed to do business in Oregon.
Program
The price you'll pay for your $25,000 Wreckers Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of $25,000 Wreckers Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
Application
The application process for a $25,000 Wreckers Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Wreckers Bond Application process.
The Oregon Wreckers Bond amount is currently set at $25,000.
Obligee Information
An obligee is the entity that is requiring you to have the Wreckers bond.
For your convenience you can view a sample copy of the Oregon Wreckers Bond Form.
Obligee: Oregon Department of Transportation
State: Oregon
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!