California Motor Vehicle Verifier Bond
Bond Requirements & Set Rates
| Bond Amount Required | Annual Premium |
| $5,000 | $100 |
Individuals licensed to verify vehicle identification numbers (VINs) in California must get a surety bond as part of their licensing requirements under the California Vehicle Code. Required by the California Department of Motor Vehicles (DMV), the California motor vehicle verifier bond protects the DMV and the public from errors or fraud that could result in incorrect vehicle titling or registration records.
Cost of a California Motor Vehicle Verifier Bond
The $5,000 California motor vehicle verifier bond is available for $100 per year with NNA Surety. Secure this surety bond today.
How the California Motor Vehicle Verifier Bond Works
This bond is a three-party agreement that guarantees accurate and lawful VIN verification services and involves:
- Principal: Licensed vehicle verifier
- Obligee: California DMV
- Surety: Company that issues the bond
The license and permit bond ensures you perform vehicle verification services in accordance with California laws and DMV regulations. This includes properly inspecting vehicles and accurately documenting VINs to prevent fraud or misrepresentation.
If a consumer or the state suffers financial loss due to your negligence or misconduct, a claim can be filed against your bond, which the surety will investigate.
If the claim is valid, the surety may compensate damages up to $5,000, and you are then responsible for reimbursing the surety for any paid claims.
How to Get the California Motor Vehicle Verifier Bond
Getting your California motor vehicle verifier bond is quick and easy:
- Complete this online application.
- Pay the $100 flat premium.
- Receive your bond instantly via email.
- File the bond with the California DMV to finalize your license.
Apply for Your California Motor Vehicle Verifier Bond Today
Get your California motor vehicle verifier bond quickly and affordably with our streamlined application process. Stay compliant with DMV requirements and protect your business with a trusted surety solution. Apply with NNA Surety for instant bond coverage today.