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A motor vehicle dealer bond, also known as an auto dealer bond, shows proof that the auto dealer is trustworthy in their prices, services, and treatment of the customer and the vehicle itself. A motor vehicle dealer bond can help with the business’ reputation overall. This bond, as any other bond, is meant to protect both parties. The customer can make a claim on the bond if they feel as though the dealer has acted in an unprofessional manner or the work provided on the vehicle put the customer in danger. The surety will compensate the customer based on the motor vehicle bond the owner has obtained. It is then the responsibility of the auto dealer to pay back the surety for the claim made on the bond. A motor vehicle dealer bond helps the owner of the dealership because it shows proof of responsibility, liability, and trustworthiness to the customers.
Need a motor vehicle dealer bond? Call The Surety Place today!
Contact us today for your bond!
The Surety Place, previously known as Surety Placement Services, was founded in 2002 with a goal to bring innovation and a high level of service the industry had not yet seen. As an industry leader from the start, we are a people first surety bond partner that you can trust, offering access to agents and businesses to achieve the right solution at the right time.
We establish a relationship with each of our clients in order to truly understand your specific business focus. As one of the only true specialists within the industry we supply access, partnerships and specialty programs with numerous “A” rated sureties across the nation. We are here to help you service all your motor vehicle dealer bond needs with no appointments or contracts necessary.
Our industry knowledge and expertise coupled with our ever increasing specialty programs give us the unique ability to write your bonds when no one else can.
Our dedicated account managers are highly trained underwriters who provide our agents and clients a tailored bonding solution for their individual or corporate needs. The bond industry is always changing with new requirements for every bond varying in each state but our team is always up to date with any new changes so that you will never have to worry about the bond you have or the one you may need in the future. In today’s marketplace, surety access can be limited; but with Surety Place as your partner, you’ll find the white-glove service you have been looking for.
No matter the size of the bond or how complicated, Surety Place is built to find an answer. Poor credit, financial hardship, fast growth, or just getting your company off the ground? We have options for you too.
At The Surety Place, we pride ourselves in our customer service! If you have any questions regarding a bond placement, give us a call.