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Arkansas
Towing and Recovery Bond

400,000+ Bonds issued to 250,000+ satisfied customers.

Coverage Amount: $50,000
Term Length: 1 year
Cost: $250
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Arkansas Towing and Recovery Bond Guide

If you’re applying for a tow business license in Arkansas, you may need this surety bond. 

Bond Overview

  • Purpose: To ensure compliance with state towing business laws
  • Who Needs It: All towing and recovery companies in Arkansas
  • Regulating Body: The Arkansas Towing and Recovery Board
  • Required Coverage: $50,000
  • Premium Rate: $250

Learn all about the bond requirements and process in this guide. 

What Is an Arkansas Towing and Recovery Bond?

An Arkansas towing and recovery bond ensures that tow business owners act honestly and uphold state laws. It is a form of financial security to cover any damages or claims. 

The Arkansas Towing and Recovery Board requires this bond as part of the licensing process for tow businesses in the state.

How Much Do Towing and Recovery Bonds Cost?

A $50,000 Arkansas towing and recovery bond costs a flat rate of $250. Or, you can save 25% by selecting a multi-year term. 

Click below to buy your bond in minutes!

Bond Type
$50,000Towing and Recovery Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

How Do I Get My Bond?

With SuretyBonds.com, you can buy your Arkansas towing and recovery bond instantly online. Just enter your information and checkout in minutes. 

We’ll email you the bond shortly after purchase. Be sure to file it with the Board as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does a Arkansas Towing and Recovery Bond Work? 

A towing and recovery bond creates a legal contract between these three parties: 

  1. Principal: You, the tow business filing the bond
  2. Obligee: The Arkansas Towing and Recovery Board requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding all applicable state laws and provisions. 

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety. 

How Do I Renew My Bond?

These bonds expire annually. To renew your towing and recovery bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date.

Call 1 (800) 308-4358 to talk with a Surety Expert

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