Connecticut Registration Issuance | $50,000 Registration Issuance Surety Bond
Also known as: registration issuance bond
Type of Bond
A Connecticut registration issuance bond is a type of surety bond required by the state for businesses that issue vehicle registrations and license plates, such as auto dealerships or tag agents. This bond ensures that the business will comply with all state laws and regulations related to the issuance of vehicle registrations and license plates, including accurately recording and reporting all transactions and collecting and remitting all necessary fees and taxes. The bond amount varies based on the volume of transactions and is typically between $10,000 and $50,000. If the business violates any terms of the bond, such as failing to properly register vehicles or misappropriating funds, the bond may be used to compensate any affected parties for any resulting losses.
Program
The price you'll pay for your $50,000 Registration Issuance 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 $50,000 Registration Issuance 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 $50,000 Registration Issuance 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 Registration Issuance Bond Application process.
The Connecticut Registration Issuance Bond amount is currently set at $50,000.
Obligee Information
An obligee is the entity that is requiring you to have the Registration Issuance bond.
For your convenience you can view a sample copy of the Connecticut Registration Issuance Bond Form.
Obligee: State Of Connecticut Department Of Motor Vehicles
Street: 60 State Street
State: Connecticut
Zip: 6161
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!