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How much does a $25,000 registration service bond cost in California?
While registration service bonds are subject to underwriting consideration, they can be issued to qualified applicants for as little as $250. These bonds are required by the California Department of Motor Vehicles for anyone who approves or transfers vehicle ownership or renews vehicle registration.
The best way to find out exactly how much you’ll pay for your bond is to request your free bond quote now!
We can provide you with a free, personalized bond quote within just 1 business day of receiving your application. So, what are you waiting for? Click here or call 1 (800) 308-4358 to get started!
Why do I need this bond?
By posting a California registration service bond, principals (registration service agents) pledge to not cause any loss to the public or the state as a result of the principal’s unethical or unlawful business practices. Prohibited actions under this bond include:
- Knowingly or negligently accepting false statements submitted to the registration service
- Permitting or committing fraudulent practices
- Using a false or fictitious name
- Operating with a suspended license
If the principal violates the terms of the surety contract, the bond protects harmed parties from financial loss up to the full amount of the bond. The principal must reimburse the surety for any damages paid out.
Purchasing the California surety bond you need is easy when you work with the experts at SuretyBonds.com. Apply now!
What’s the fine print?
Registration service bonds in California remain in full force and effect and run concurrently with the license period. The surety can cancel the bond in accordance with Article 13 (commencing with section 996.310), Chapter 2, Title 14, Part 2 of the Code of Civil Procedure.
How to become a registration service in California
To become a legally-operating registration service in California, applicants must complete and submit a licensing packet to the Department of Motor Vehicles. A completed licensure packet includes:
- Application for occupational license for registration service
- Surety bond
- Copy of valid driver’s license or ID
- Verifiable social security number
- Property use verification for registration service
- Request for live scan service (fingerprints)
A full list of licensing requirements can be accessed via the Additional Resources section of this page.