What is the purpose of the Arizona Third Party Bond?
This bond is required by the Arizona Department of Transportation, Motor Vehicle Division under Title 28-5104 for all authorized third party, which are defined as entities that has executed a written agreement and is authorized by the department to perform limited or specific functions such as title and registration, motor carrier licensing and tax reporting, dealer licensing, driver licensing, etc. Anyone in this profession must be authorized by the Department of Transportation and submit the surety bond.
This bond protects any person who suffers loss from nonpayment by the principal of any fee or tax paid to the Principal by that person, insolvency or discontinuance of business, or failure to comply with authorized duties. The bond amount should at least be $100.00 per location. Contact Surety1 so we can help you obtain this surety bond for the lowest amount.
What is the process for getting an Arizona Third Party Bond?
Surety Solutions Insurance Services Inc was established in 2003. Although our headquarters are located in California, we are actually licensed in all 50 states. We have also partnered with several surety markets to ensure that we would only offer the best rates for all our clients. Our application processing time is also very fast, with some applications taking just a business day to get approved!
If you wish to get this surety bond from us, please fill out and submit an online application form. You will then be contacted by our licensed agents who will give a no-obligation quote for your bond. If you find the price to your satisfaction, just pay the said amount and sign all the paperwork. We will then send the surety bond through USPS Priority Mail or overnight delivery.
With an A+ rating from the Better Business Bureau, you can only expect the best service from us here at Surety1.