Washington Aircraft Dealer Bond Guide
If you’re applying for an aircraft dealer license in Washington, you’ll likely need this surety bond.
Bond Overview
- Purpose: To ensure aircraft dealers follow license rules and regulations
- Who Needs It: All aircraft dealer licensees in Washington state
- Regulating Body: The Washington Department of Transportation (WSDOT)
- Required Coverage: $25,000
- Premium Rate: $250–$2,500, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Washington Aircraft Dealer Bond?
A Washington aircraft dealer bond holds dealers financially responsible for upholding state laws and regulations.
The WSDOT requires this bond as part of the licensing process for aircraft dealers in the state. This helps to protect customers and the government from harm due to illegal business practices.
How Much Do Aircraft Dealer Bonds Cost?
Washington aircraft dealer bonds cost a small percentage of the $25,000 coverage amount, typically $250–$2,500.
Exact rates vary 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 a Washington aircraft dealer 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 email you the bond shortly after purchase. Be sure to file it with WSDOT as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Washington Aircraft Dealer Bond Work?
An aircraft dealer bond creates a legal contract between these three parties:
- Principal: You, the aircraft dealer filing the bond
- Obligee: The Washington State Department of Transportation 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 your aircraft dealer bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.