Michigan Driver Education School | $20,000 Driver Education School Surety Bond
Also known as: driver education school bond
Type of Bond
A driver education school bond, also known as a driving school bond or driving instructor bond, is a type of surety bond required for businesses or individuals operating driver education schools or providing driver instruction services. It serves as a financial guarantee that the school or instructor will fulfill their obligations, operate ethically, and comply with applicable laws and regulations. The purpose of a driver education school bond is to protect students and ensure the responsible and professional delivery of driver education services. It provides recourse for students or regulatory authorities in the event of misconduct, fraudulent activities, or violations of licensing requirements by the school or instructor. If the driver education school or instructor fails to meet their obligations, breaches the terms of their agreements, or engages in unethical practices, a claim can be made against the bond. This allows affected parties to seek financial compensation for any resulting damages or losses. The specific requirements for driver education school bonds can vary depending on the jurisdiction and the governing authorities responsible for regulating driver education programs. Typically, schools or instructors must obtain and maintain a specific bond amount as a condition of obtaining their license or registration. Driver education school bonds contribute to the safety and integrity of driver education programs. They provide reassurance to students and regulatory authorities that schools and instructors will operate ethically, follow proper teaching standards, and uphold their responsibilities to students and the public.
Program
The price you'll pay for your $20,000 Driver Education School 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 $20,000 Driver Education School 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 $20,000 Driver Education School 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 Driver Education School Bond Application process.
The Michigan Driver Education School Bond amount is currently set at $20,000.
Obligee Information
An obligee is the entity that is requiring you to have the Driver Education School bond.
For your convenience you can view a sample copy of the Michigan Driver Education School Bond Form.
Obligee: Michigan Department Of State
Street: 7064 Crowner Dr.
State: Michigan
Zip: 48980
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!