How much does a special fuel user, dealer or supplier bond cost in Delaware?
The State of Delaware’s Motor Fuel Tax Administration requires special fuel users, dealers and suppliers to post surety bonds in amounts equal to the distributor’s tax liability for a 3-month period. Bond amounts cannot be less than $5,000 or more than $200,000.
Because the price of your bond can vary so much depending on your required amount of bond coverage and a review of your personal credit report, the best way to find out exactly how much you’ll pay is to request your free bond quote now!
|Bond Type||Bond Amount||Cost by Credit Score*|
|680 and up||679 - 600||599 or lower|
|Special Fuel Bond||Varies||Starts at 1%||5-10%||10%+||Apply Now|
Call 1 (800) 308-4358, or click here, to begin the bonding process. Our experts make getting the bond you need fast and easy.
Why do I need this bond?
By posting a Delaware special fuel surety bond, principals (special fuel users, dealers or suppliers) pledge to file true reports with and promptly pay all taxes due to the Motor Fuel Tax Administration and the state of Delaware. This bond protects the state from any financial loss if the principal fails to comply with these terms.
Apply for your free bond quote now! Our experts can typically provide your complimentary quote within 1 business day of submitting your application.
What’s the fine print?
Special fuel bonds in Delaware remain in full force and virtue until canceled or revoked. The surety can cancel the bond by providing written notice of cancellation via certified mail to the state at least 60 days prior to the effective termination date.
How to become a special fuel user, dealer or supplier
The licensing requirements for special fuel professionals vary depending on the type of license being applied for. The options are:
- special fuel supplier
- special fuel user
- special fuel dealer
If you’re looking for information about how to get licensed as a motor fuel distributor in Delaware, visit the guide created by the SuretyBonds.com experts here.
Complete licensing information can be accessed from the Important Links section of this page.
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