Several bonds are expiring in March and April—is yours? Don’t forget your renewal date! Check out the list and remember to renew before your bond expires so your business can continue running as usual.
Bonds expiring March 31:
- New Jersey used auto dealer surety bond
- New Mexico used auto dealer/dismantler surety bond
- Ohio professional solicitor surety bond
Georgia used auto dealer bonds also expire on March 31, but only in even years.
Bonds expiring April 30:
Read more about the Florida motor vehicle dealer bond in last month’s blog post. It’s important to renew your bond even if you haven’t used it—that’s actually a good thing!
Not using your bond means your business is in compliance with law. Surety bonds are typically a licensing requirement, and letting your bond coverage lapse can put your license at risk. Not to mention, there’s always a chance your premium will decrease, especially if your credit has improved over the past year.
If you purchased a bond with SuretyBonds.com, our Customer Care team will contact you to renew before your bond expires—but it’s still important to be aware of your renewal date. Avoid facing more serious penalties, like license revocation or large fines, and don’t miss your renewal date!
Don’t put your license in jeopardy! Call SuretyBonds.com at 1 (800) 308-4358 or email [email protected] and get your bond renewed today.
