1 (844) 589-9732

The $25,000 Washington D.C. tow truck business bond is issued for $250 annually. There is no credit inquiry. Please call AmeriPro Surety Bonds at 844-589-9732.

Washington D.C. Tow Truck Business Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Licensing of D.C. Tow Truck Businesses

 

 

 

The Washington D.C. Department of Consumer and Regulatory Affairs is the licensing authority for tow truck businesses.

In addition to fees, taxes, providing a criminal history, and meeting other requirements as outlined by the Department, you are also required to obtain a $25,000 surety bond.

 

 

 

Qualifying and the Premium

 

 

 

You and your tow truck company are automatically approved for the $25,000 Washington D.C. tow truck business bond. This is because there is no credit inquiry. The bond’s premium is $250, annually.

Issuing your bond takes a few minutes.

When you call us, we’ll just ask you the following:

  • The name of your tow truck business, exactly as it should appear on your surety bond, along with your business address, phone number and email.
  • Then we’ll need the name of the owner or partner, as this appears on your bond.
  • After payment of the $250 premium, our agency issues you two documents. Your surety bond and a Power of Attorney form. Upon receipt, you’ll sign and have witnessed your bond as Principal.

The address to file all documents received from us is:

District of Columbia Government

Department of Consumer and Regulatory Affairs

1100 4th Street, SW

Washington D.C. 20024

 

 

 

Premium Prepayment Options

 

 

 

You may prepay the surety bond premium up to 3 years through our agency. Premium prepayment lengthens the time between renewals and offers you a savings over annual renewals.

The premium prepayment option and savings are as follows:

  • If prepaid for 2 years, the premium is $450, a $50 savings;
  • If prepaid for 3 years, the premium is $650, a $100 savings.

 

 

 

Purpose of Your Surety Bond Requirement

 

 

 

Your tow truck surety bond serves as a financial guarantee of your compliance with DC Section 47-2850.01, as amended.

The bond is more generally a financial guarantee of your compliance with all laws and serves as financial protection for any person who is harmed by the failure to follow laws governing tow truck operations.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, probate, and court bonds in Washington D.C. and all 50 states.

Please call our agency today at:

 

844-589-9732

Or you may fill out our Contact Form and someone will call you.