Illinois 45-Day Temporary Apportionment Authorization Bond Guide
If you’re applying for a 45-day temporary authorization appointment seller authorization in Illinois, you’ll likely need this surety bond.
Bond Overview
- Purpose: To hold temporary vehicle permit sellers financially responsible
- Who Needs It: 45-day temporary authorization appointment sellers
- Regulating Body: The Secretary of State, Vehicle Services Department
- Required Coverage: $10,000
- Premium Rate: $100–$1,000, credit-based
Learn all about the bond requirements and process in this guide.
What Is an Illinois 45-Day Temporary Apportionment Authorization Permit Facility Bond?
An Illinois 45-day temporary apportionment authorization permit facility bond holds permit sellers financially responsible for paying state taxes and operating properly.
How Much Do 45-Day Temporary Apportionment Authorization Permit Facility Bonds Cost?
Illinois 45-Day temporary apportionment authorization permit facility bonds typically cost $100–$1,000 based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get an Illinois 45-day temporary apportionment authorization permit facility bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file it with the state as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does an Illinois 45-Day Temporary Permit Seller Bond Work?
A 45-day temporary apportionment authorization permit facility bond creates a legal contract between these three parties:
- Principal: You, the temporary apportionment permit facility owner filing the bond
- Obligee: The Secretary of State, Vehicle Services Department requiring the bond
- Surety: The provider issuing the bond
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, simply pay your renewal invoice when prompted.
After renewing, you’ll receive a continuation certificate to file with the as proof of ongoing coverage.