1 (800) 308-4358

Texas
City of Sherman Junk and Secondhand Dealer Bond

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

Coverage Amount: $1,000
Term Length: 1 year
Cost: $100
Instant Online Purchase & Delivery
Email Delivery

Purchase your bond today and we'll email your bond directly to you. No shipping required.

Best Prices

We shop the top surety markets to find you the best rate.

Secure Checkout

Backed by SSL, our online bonding process is secure. We are committed to your privacy.

Trustpilot

City of Sherman Secondhand Dealer Bond Guide

If you’re applying for a secondhand dealer permit in the City of Sherman, Texas, you’ll need a $1,000 surety bond. 

Bond Overview

  • Purpose: To provide financial recourse for any customers harmed by a fraudulent dealer
  • Who Needs It: Secondhand dealers seeking a permit to operate in Sherman, TX
  • Regulating Body: The City of Sherman
  • Required Coverage: $1,000
  • Premium Rate: $100

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

What Is a City of Sherman Secondhand Dealer Bond?

City of Sherman, Texas secondhand dealer bonds ensure that dealers comply with government regulations and protect clients from fraud or theft. 

If something happens to someone’s property that is being held as collateral, the surety bond will compensate the claimant up to the full bond amount.

How Much Do Secondhand Dealer Bonds Cost in Sherman, TX?

A $1,000 City of Sherman secondhand 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
$1,000City of Sherman Junk and Secondhand 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 City of Sherman secondhand 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 city as instructed. 

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

How Does a City of Sherman Secondhand Dealer Bond Work? 

A secondhand dealer bond creates a legal contract between three parties: 

  1. Principal: You, the secondhand dealer filing the bond
  2. Obligee: The City of Sherman 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 Sherman? See all Texas Pawnbroker & Secondhand Dealer Bonds here.

How Do I Renew My Bond?

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

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

More Resources

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

or