Through the California Department of Motor Vehicles (DMV), the state of California requires VIN verifiers to post a bond in the amount of $5000.00 in order to lawfully act as a "vehicle verifier".
Through AmeriPro Surety Bonds, this bond is an "Instant Issue" bond! This means that after you have filled out a simple application and paid your fee of $100, the bond is issued to you immediately. There is no credit or background check for this bond. Once the bond is issued and mailed to your address, you will need to have it filed with the California Department of Motor Vehicles, Occupational Licensing Division.
VIN verifiers are also not required to pass any exams to become licensed. They are instead provided with a handbook which thoroughly outlines the duties of a vehicle verifier. Persons interested in this field should read and adhere to this booklet very closely as the booklet outlines what can and cannot be VIN verified.
And, even though there are no exams involved, the duties and responsibilities of a VIN verifier are still very serious.
The $5000 California VIN verifier bond is issued to you immediately, and costs you just $100 annually. When you call us, we'll ask you a few quick questions--- the name that should reflect on your surety bond, your address and other contact information.
After payment of your $100 premium, our agency will issue this bond to you immediately. Upon receipt, you'll sign your bond as Principal, filing it along with the Power of Attorney form to:
State of California, Department of Motor Vehicles
PO Box 932342
Sacramento, CA 94232-3420
---Premium Prepayment Options---
Your vehicle VIN verifier bond, at $100 premium, renews on the anniversary of its issuance. Our agency also offers you the option to prepay your bond up to 3 years. Prepayment of the premium saves you over renewing annually.
The premium prepayment option and savings are as follows:
VIN verifiers do a number of things: They can inspect a vehicle registered outside of California from owners who need to have their cars registered in California. They can also perform VIN verifications for vehicle title transfers. Not only autos and motorcycles, but commercial trucks sometimes need VIN verification.
VIN verifiers can charge whatever market rate they wish for their vehicle verification duties. Many vehicle verifiers charge markups for traveling distances to homes or offices where vehicles are verified.
Vehicle verifiers are particularly needed by auto and commercial dealerships. And, not to be forgotten, people from all walks of life are always on the lookout for a VIN verifier.
VIN verifiers must always physically inspect the vehicle that they are verifying; they cannot lawfully verify any vehicle that is not in their physical, literal presence (i.e. by photo or video). Doing so can potentially cause a claim on a surety bond and potential loss of the VIN verifier license.
The VIN verifier bond protects the public against any wrongful or negligent acts on the part of the vehicle verifier. It is not insurance for the VIN verifier; rather is is protection for the public. This bond is mandated by the DMV Occupational Licensing Division who is the obligee on this bond.
AmeriPro Surety Bonds provides California VIN verified surety bonds, lost certificate of title bonds, and all types of surety bonds for all 50 states. consideration.
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