Kansas Fuel | $25,000 Fuel Surety Bond
Also known as: fuel bond
Type of Bond
A Kansas fuel bond refers to a type of surety bond that may be required for individuals or businesses involved in the storage, distribution, or sale of fuel within the state of Kansas. The purpose of a fuel bond is to provide financial protection to the state and its residents by ensuring that the bonded party will comply with applicable laws, regulations, and licensing requirements related to the fuel industry. By obtaining a Kansas fuel bond, the bonded party assures the state and its residents that they will operate their fuel-related business in accordance with the established rules and regulations. This includes adherence to safety standards, accurate record-keeping, proper handling and storage of fuel, and compliance with licensing and tax requirements. If the bonded party fails to fulfill their obligations, violates any laws or regulations, or causes harm or financial losses related to their activities in the fuel industry, a claim can be made against the bond. If the claim is valid, the bond provides financial compensation to cover the damages or losses incurred by the state or affected parties. The purpose of the Kansas fuel bond is to protect the state and its residents from potential financial harm, environmental damage, or non-compliance by the bonded party within the fuel industry. It promotes accountability, safety, and adherence to regulations in the storage, distribution, and sale of fuel. The bond provides a form of recourse for the state or affected parties to seek compensation in case of non-compliance, negligence, or breaches by the bonded party. It contributes to the overall trust and integrity of the fuel industry in Kansas.
Program
The price you'll pay for your $25,000 Fuel 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 Fuel 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 Fuel 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 Fuel Bond Application process.
The Kansas Fuel Bond amount is currently set at $25,000.
Obligee Information
An obligee is the entity that is requiring you to have the Fuel bond.
Obligee: Kansas City Board of Public Utilities
Street: 540 Minnesota Ave
State: Kansas
Zip: 66101
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!