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New York
Village of Mineola Second Hand Dealer bond

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

Coverage Amount: $2,000
Term Length: 1 year
Cost: $100
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Village of Mineola Second Hand Dealer Bond Guide

If you’re applying for a second hand dealer license in Village of Mineola, New York, you’ll likely need this surety bond. 

Bond Overview

  • Purpose: To provide financial recourse for any customers harmed by a fraudulent dealer
  • Who Needs It: Secondhand dealers seeking a license in Mineola, NY
  • Regulating Body: The Village of Mineola
  • Required Coverage: $2,000
  • Premium Rate: $100 

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

What Is a Village of Mineola Second Hand Dealer Bond?

Village of Mineola second hand dealer bonds ensure that dealers comply with government regulations and protect clients from fraud or theft. 

If something happens to collateral property, the surety bond will compensate the claimant up to the full bond amount.

How Much Do Second Hand Dealer Bonds Cost in Mineola, NY?

A $2,000 Village of Mineola second hand dealer bond costs a flat rate of $100. No credit check or application is required. Click below to buy your bond in minutes! 

Bond Type
$2,000Village of Mineola Second Hand Dealer 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 Village of Mineola second hand dealer bond instantly online. Just enter your information and checkout in minutes. 

We’ll email you the bond shortly after purchase. Be sure to file the bond with the Village of Mineola as instructed. 

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

How Does a Village of Mineola Second Hand Dealer Bond Work? 

A second hand dealer bond creates a legal contract between three parties: 

  1. Principal: You, the second hand dealer filing the bond
  2. Obligee: The Village of Mineola requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding local ordinances and license regulations. 

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety. 

Working outside of Mineola? View our New York Pawnbroker Bond Guide to see all secondhand dealer bonds in the state. 

How Do I Renew My Bond?

These bonds expire annually. To renew your second hand dealer bond, simply pay your renewal invoice when prompted. 

After renewing, you’ll receive a continuation certificate to file with the Village of Mineola as proof of ongoing coverage. 

More Resources

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

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