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California Car Wash Bond | 844-589-9732
California Car Wash Bond
California Car Wash Surety Bonds and Employee-factor: Something to Note
As you read this and learn more about purchasing the California car wash surety bond (this surety bond is for $150,000) please note that just about everything mentioned regarding car wash regulations is in some way is related to the employees of a car wash.
As we discuss obtaining your California car wash bond, this will become more apparent as to why.
Car Washes in California
The State of California Department of Industrial Regulations is the regulatory body which oversees car washing businesses in California.
This department requires car washes to be properly registered with its offices.
This office also requires all owners of car washes to purchase a surety bond in the amount of $150,000.
An exception to this registration rule are self-serving and automated car washes. These businesses either are defined as only have employees to take payments and/or employees to maintain car washing equipment.
Car washes which are required to be registered with the Department of Industrial Relations and must post a current and valid registration where all employees of the car wash may easily view it throughout the workday.
California Car Wash Surety Bond
Car wash establishments in California which have employees are required to purchase a surety bond in the amount of $150,000. This bond is purchased by the owner of a car wash and it protects the employees of a car wash company.
How Does the $150,000 Car Wash Bond Protect Employees?
The car wash bond serves as a guarantee purchased by a car wash company that employees will be properly compensated for their work, including regular wages and any overtime due.
Car Wash Bond and California Law
California Assembly Bill 1387 was signed by Governor Jerry Brown on October 13, 2013. This bill mandated that car washes purchase a surety bond on behalf of the people of the state of California.
The beneficiaries of this bond are the employees of the car wash.The surety bond was increased to $150,000 after there had been instances of car wash companies who did not properly compensate their employees. Such lack of compensation included regular wages, overtime, and related benefits.
How Much is a California Car Wash Bond?
While an amount for a California car wash bond is $150,000, purchasers of this surety bond will only pay a fraction of that amount. The amount paid will typically be between 1-5% of the surety bond (i.e. between $1500 and $7500). In some cases, this amount may be substantially more.
The surety bond amount will be determined by several factors:
- The credit score of the owner of the car wash company (this will normally be the main determining factor)
- The financials and history of the car wash company
AmeriPro Surety Bonds will help you obtain your car wash bond at the best available price based upon these criteria. As a surety bond only company, AmeriPro Surety Bonds is committed to providing you the best premium pricing for this surety bond.
AmeriPro Surety Bonds provides contractor, fiduciary, court, and commercial surety bonds for all 50 states.
We are here to help. Place our expertise at your disposal.
AmeriPro Surety Bonds: 844-589-9732